Mikko Ikola

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This presents a dilemma facing designers of alternative currencies: without active management by a team of developers and marketers, no digital currency will attract any attention or capital in a sea of 1,000+ currencies. But with active management, development, and marketing by a team, the currency cannot credibly demonstrate that it is not controlled by these individuals. With a group of developers in control of the majority of coins, processing power, and coding expertise, the currency is practically a centralized currency where the interests of the team dictate its development path.
The Bitcoin Standard: The Decentralized Alternative to Central Banking
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