99% of authority is unearned and unbacked.
There is inflation in power as well. The same fractional reserve type system inflating away from nothing.
Just make up some hypothetical customer with hypothetical demand for security, and give yourself power.
What the chain says
- Block
- 691 600
- Time
- 2021-06-14T11:28:30Z
- Signer
- 12KUjWPagLNYNXuVgshNPKB2Fu5CLppMtT
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#604
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
12KUjWPagLNYNXuVgshNPKB2Fu5CLppMtT Verified