One of the nice things about having a 'benevolent dictator' is that it will be much easier to make decisions about these things going forward.
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My god, cheezes christ, what a socialist pile of crap.
These socialists should be forced to
spread their wealth.
'Maybe like a dividend to be distributed to all existing addresses'.Zikes! You guys make some pretty strong arguments and have convinced me of the error of my ways. Let it be known that I hereby drop my support (however brief) for switching Bitcoin to be under a 'benevolent dictator' and under XT.
Thanks for setting me right guys.
You're saying Mike Hearn was performing an altruistic power grab? That's not so terrible is it? Who wouldn't want one person to control the way their monetary system develops, the sort of person you can rely on to ignore everything that anyone else has to say and override it with a unilateral hard fork, all because that person knows better? What's wrong with Mike, with his superior understanding of what I want for myself, making more of my decisions for me? Why not all of them? He's a smart guy, and there's no way he'd make decisions on my behalf that benefit him.
These arguments have devolved into stupidity. We'll (the majority) just fork mike out of power if he does something stupid. And implying a 21m increase because of an unrelated txn supply increase is a 5yo's logical fallacy.
You guys all need someone/some group in charge so badly that you run home to mamma even when the polled majority clearly wants an increase. But dispute mediation is even more fundamental to how bitcoin works than these other items. Its called open source. Run the rule set you want. My home system WILL easily keep up with 8MB and I support BTC user scalability (I want users in the Philippines to pay in coins) so that's what I'm going to run. Who cares if they (ppl in 2nd or 3rd world or economicly stressed) can't run their own personal copy... especially because 10ppl could pool their resources and do so If you want BTC to be a tool for bankers go ahead and stay on 1MB. In that case the only ppl running a full node will be bankers because they are the only ones who can use the network.