saxnot is a user on chaos.social. You can follow them or interact with them if you have an account anywhere in the fediverse.
"Both Bitcoin and Ethereum mining are very centralized, with the top four miners in Bitcoin and the top three miners in Ethereum controlling more than 50% of the hash rate.
The entire blockchain for both systems is determined by fewer than 20 mining entities."
In other words: decentralization in the crypto space is a myth, just as it is a myth that cryptos are currencies at all.
http://hackingdistributed.com/2018/01/15/decentralization-bitcoin-ethereum/
@Antanicus currencies are the thing you can pump and dump all day, right?
@Antanicus Hodl 2 Lambo
Translated:
Please blow your money away in a way that makes my money more worth, so that I can sell out.
Religiously advising people to hold onto their stocks seems to be the logical choice for someone wanting the keep the prices up in order to personally benefit.