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#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates
Lex Fridman Podcast
Controlling Bitcoin - Is There Control?
A large portion of the blocks being mined in China due to this energy feature, which is that there's a lot of Chinese miners for sure. The question ultimately is what degree of control do miners have over the Bitcoin system? Right. So I think the current consensus is that miners do not have unilateral control over Bitcoin and the governance is more poised between people that run nodes, developers and miners. It's sort of a triumvirate, or neither of them has total control.
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