1) The Villain Crypto Wants
Re: @satofishi @f2pool_official
There seems to be confusion regarding the nature of mining pools and what they mean for the Bitcoin Ecosystem.
Re: @satofishi @f2pool_official
There seems to be confusion regarding the nature of mining pools and what they mean for the Bitcoin Ecosystem.
2) It's become apparent to me there is a critical misunderstanding that mining pool operators control what miners do with their block rewards.
This is NOT the case and represents a warped view of one of the core components of the Bitcoin Ecosystem.
This is NOT the case and represents a warped view of one of the core components of the Bitcoin Ecosystem.
3) As one of the largest mining pool, F2pool represents ~500,000+ miners in total.
The outflows seen from miners to exchanges only mean that users utilizing F2pool's infrastructure have active movement but has little correlation with wallet activity of the company itself.
The outflows seen from miners to exchanges only mean that users utilizing F2pool's infrastructure have active movement but has little correlation with wallet activity of the company itself.
4) The narrative needs its villain and in this case it's F2Pool's Wang Chun, someone who has devoted a large portion of his time and energy to enabling decentralization and contributing positive developments in the cryptocurrency space.
5) When the real villains lurk undetected, he is blamed. If you want to get mad, get mad at the Federal Reserve that has turned the United States Dollar into a mockery. 
6) If you want to get mad, consider the Wall Street suits who have been rigging the game against the little guy since before you were born. But to lambast a man who has carried the #BTC torch for over a decade now, that is just misguided frustration. #Thread #WSB
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