it's not clear that today's environment of a small number of full trustless participants (full nodes and pools)
You've consistently stated incorrect technical conclusions upthread which I have corrected. I won't even bother to unravel your convoluted errors on this one...
I suppose that is why this thread does not exist in "Development & Technical Discussion" because it would be moderated so heavily because most of what is written in this thread is technical nonsense.
If your argument is not (unwittingly?) intended to obfuscate that you want a centralized Bitcoin that is controlled by vested interests, then just state it rather than attempting to hide behind your lack of appreciation of all the technical and economic issues, such as but not limited to out-of-band incentives (game theory) which invalidate the Nash equilibrium and the notion of "trustless" centralized full nodes and pools.
If you are intending to couch behind the "it's not clear" meaning you have have no point, then please admit it rather than use your uncertainty as an argument for one side of the debate.
TPTB's incoherent rantings always remind me of the Sokal Hoax. For those not familiar a well known Physicist submitted a paper to well known journal that was purposely written as a mix of logical fallacies, inconsistencies and just random psycho babble. The paper was accepted and he even presented it to a conference of tenured humanities professors, who at first were nodding in intellectual agreement before it he had to dial up the crazy to the point that everyone got the joke. It demonstrated how a lot of supposidly smart people like to string together complex nonsense that says nothing simply to make them feel smart.
http://www.physics.nyu.edu/faculty/sokal/lingua_franca_v4/lingua_franca_v4.htmlhttps://en.wikipedia.org/wiki/Sokal_affair#Content_of_the_articlehttp://www.physics.nyu.edu/faculty/sokal/transgress_v2/transgress_v2_singlefile.htmlRead the paper for fun. Now tell me that it doesn't sound a lot like TPTB's rantings.
Oh, and TPTB, the reason I haven't replied to you before is because you are the one and only ignore I have. Just took it off (temporarily) to see if I should change that. Still see there is nothing to respond to. Your posts are nothing but personal attacks that do not even attempt to say anything factual, just put downs and statements about how your right because you are smarter than everyone else.