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2024-11-25 16:23:38

BitopiaLand on Nostr: Hashpower as a Strategic Asset Hashpower controlled by a nation increases its ...

Hashpower as a Strategic Asset

Hashpower controlled by a nation increases its likelihood of winning the next Bitcoin block, earning rewards through transaction fees and block subsidies.

Winning a block also grants the miner authority to decide which transactions to include or exclude. This capability enables nations to prioritise their own transactions while censoring those of rivals.

In a world increasingly dependent on Bitcoin for trade, this capability is as critical as a navy or air force was in the past.

Securing hashpower within national borders is a strategic imperative and should be a top priority for nations today.

Without hashpower, nations risk being at the mercy of others—a precarious position, as history has often shown.
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