500 sats \ 0 replies \ @02174b3c39_lntxbot 28 Sep 2022 \ on: What do miners control vs plebs? bitcoin
Miners serve a zero demand response monopsony, the bitcoin blockchain.
They can hash more, they can hash less, and the only thing that changes is their share of the blocks & rewards.
They control themselves, including how many bitcoin they buy and sell.
Plebs running nodes are self-sovereign and that's it.
People using custodial wallets control nothing.