The Hated One's video: The problem with the recentralization of Bitcoin explained

Bitcoin is facing re-centralization. The cryptocurrency mining is becoming centralized and it’s due to a major design flaw in Bitcoin’s core protocol that still remains unfixed. And if nothing changes, it might be that Bitcoin will not survive its next decade. Support independent content by donating Monero or Bitcoin Monero: 84DYxU8rPzQ88SxQqBF6VBNfPU9c5sjDXfTC1wXkgzWJfVMQ9zjAULL6rd11ASRGpxD1w6jQrMtqAGkkqiid5ef7QDroTPp Bitcoin: 1HkDxXAVDFhBHSyRjam5WW5uoY88sxn5qz Sources as referenced by numbers at the bottom left corner of the video frame: [0a] https://www.metzdowd.com/pipermail/cryptography/2008-October/014810.html [0b] https://www.coinmarketcap.com [1] http://www.bitcoin.org/bitcoin.pdf [2] https://www.bloomberg.com/news/articles/2011-11-28/secret-fed-loans-undisclosed-to-congress-gave-banks-13-billion-in-income [3] https://www.coindesk.com/bitmain-bitcoin-mining-launch-second-mining-pool [4] https://www.cryptocompare.com/mining/pools/f2pool/ [5] https://bitcoinmagazine.com/articles/btc-coms-bitcoin-mining-pool-dominance-threatened-by-poolin [6] https://bitcoinmagazine.com/articles/upstart-poolin-discusses-growth-state-of-mining-and-bitcoin-in-china [7] https://www.buybitcoinworldwide.com/mining/pools/ [8] https://www.blockchain.com/pools [9] https://www.coinwarz.com/difficulty-charts/bitcoin-difficulty-chart [10] https://en.bitcoin.it/wiki/Mining [11] https://www.coindesk.com/bitcoin-mining-600-profit-consolidation-competitive [12] https://www.theguardian.com/technology/2014/jun/16/bitcoin-currency-destroyed-51-attack-ghash-io [13] https://www.reddit.com/r/Bitcoin/comments/1us7ey/warning_ghashio_is_nearing_51_leave_the_pool/ [14] https://heavyeditorial.files.wordpress.com/2014/01/ghashio_press_release.pdf [15] https://www.coindesk.com/cex-io-response-fears-of-51-attack-spread [16] https://learncryptography.com/cryptocurrency/51-attack [17] https://medium.com/bitcoin-not-blockchain/is-bitcoin-mining-centralized-and-what-does-that-mean-for-my-coi-1fc1bc379601 [18] https://medium.com/@jimmysong/mining-centralization-scenarios-b74102adbd36 [19] https://medium.com/bitcoin-not-blockchain/is-bitcoin-mining-centralized-and-what-does-that-mean-for-my-coi-1fc1bc379601 [20] https://www.wsj.com/articles/china-moves-to-devalue-the-yuan-1439258401 [21] https://qz.com/1072907/why-china-is-so-hot-on-bitcoin/ [22] https://www.forbes.com/sites/ktorpey/2019/07/28/bitcoin-mining-centralization-is-quite-alarming-but-a-solution-is-in-the-works/ [23] https://medium.com/hackernoon/betterhash-decentralizing-bitcoin-mining-with-new-hashing-protocols-291de178e3e0 [24] https://thenextweb.com/hardfork/2018/04/12/bitcoin-mining-51-percent-attack/ Follow me: https://twitter.com/The_HatedOne_ https://www.bitchute.com/TheHatedOne/ https://www.reddit.com/r/thehatedone/ https://www.minds.com/The_HatedOne The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.