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0 sats \ 12 replies \ @DarthCoin 1 Nov \ on: CENTRAL BANKS NOW MINE BITCOIN bitcoin
A central bank is a PRIVATE entity and not a public one as many think it is.
So even if that central bank will start mining BTC, the question is: WHO owns those BTC?
  • the state?
  • the central bank?
  • people ? But which people ?
  • few individuals?
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33 sats \ 1 reply \ @javier 1 Nov
Wait a moment! Aren't central banks private Corporations?
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0 sats \ 0 replies \ @EverythingSatsoshi OP 1 Nov
They most certainly are
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11 sats \ 8 replies \ @EverythingSatsoshi OP 1 Nov
Good questions. My main concern is really when central banks decide they want to control the stack of their mining hardware, and make it all custom made. For instance imagine a scenario where the USA, Russia, the UAE et al, all choose to mine bitcoin with chips or ASICS manufactured in their nation states. That's the real concern for me tbh
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0 sats \ 0 replies \ @AngryMulbear 1 Nov
Sounds like a worthy arms race to me.
The ultimate pursuit of capitalism
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0 sats \ 6 replies \ @DarthCoin 1 Nov
Wrong question. Who is USA, Russia or UAE? Can you name who is behind those names?
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0 sats \ 5 replies \ @EverythingSatsoshi OP 1 Nov
My bad, Putin, Bin Salman and other Sovereigns
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0 sats \ 4 replies \ @DarthCoin 1 Nov
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0 sats \ 0 replies \ @EverythingSatsoshi OP 1 Nov
💯
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0 sats \ 2 replies \ @_b_o_n_e_s_ 1 Nov
and who owns the banks and corporations?
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0 sats \ 1 reply \ @DarthCoin 1 Nov
not you
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0 sats \ 0 replies \ @_b_o_n_e_s_ 1 Nov
haha lol
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0 sats \ 0 replies \ @000w2 1 Nov
Most central banks got nationalized decades ago.
Argentina's central bank was nationalised in 1946, same year as the BoE.
For major central banks, it is just the Fed, BoJ, and SNB that have private shareholders.
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