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Sounds like a worthy arms race to me.
The ultimate pursuit of capitalism
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Wrong question.
Who is USA, Russia or UAE?
Can you name who is behind those names?
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My bad, Putin, Bin Salman and other Sovereigns
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💯
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and who owns the banks and corporations?
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not you
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haha lol
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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