What if BTC replaces mature centralized actors (lots of banks) with less mature, more centralized actors (a startup in SF)? What if the net result of BTC adoption is an increase in power imbalance - latecomers conferring great power to a small set of companies & early adopters?
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What do you mean with power-law?
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A few people owning most of it; lots and lots of people owning tiny bits.
End of conversation
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