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12 sats \ 1 reply \ @PlebeiusG 9 Sep 2023 \ parent \ on: Amazon AWS providing managed Bitcoin nodes bitcoin
🤷♂️ amazon already runs a good portion of the internet. Seems they’ve proven their worth and reliability.
If the bitcoin protocol is truly the future of the internet then everyone will be offering this eventually.
I'd like to think that this could be a positive thing; but with everything I've come to understand about their way of doing things makes me very much doubt this.
Amazon, by having 'competitor's shops' within their own shop for a number of years now, has used the telemetry to see how their competitors earn money and have used this data to undercut them. It might be a dollar here or a dollar there - but ultimately they'll have a monopoly.
The point that you make that they're reliable is true - but also that they've reliably misused their power - whether it's the example above, or how they treat their employees.
Just as Elon Musk decided to pull the plug on Starlink services for the Ukraine at a crucial moment when he wanted to - what's to stop AWS doing the same when there's voting for a hard fork?
You can't 'vote' when there's a potential hard fork if you no longer have a node.
Just my two sats.
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