Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Peter R
on 27/08/2015, 18:56:38 UTC
you guys dont friggin get it.

THERE IS NO CHOICE

This is false.  For example, the last sentence of the white paper reads:

   "Any needed rules and incentives can be enforced with this consensus mechanism."

suggesting that new rules can be added by choice, provided there is sufficient support for the new rule.  This, in fact, was how the 1MB anti-spam limit was added.  

The longest proof of work chain is the consensus mechanism.

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THIS IS BITCOIN, YOU EITHER LIKE IT OR QUIT IT

False, Bitcoin has changed in many ways already: P2SH (modern multisig) for example.

The longest proof of work chain is the consensus mechanism.  

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THIS IS NOT A DEMOCRACY WHERE YOU CAN CHOOSE WHICH DEGENERATED BITCOIN TURD YOU LIKE

I would say it's more a meritocracy, or an influence-weighted democracy.  

The longest proof of work chain is the consensus mechanism.

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GOD DAMN YOU BLIND SHEEPS ALWAYS KEEN ON FOLLOWING SOME EGOMANIAC DEVELOPER/COMPANY OVER REDDIT

You're not you when you're hungry.  Maybe you need a Snickers?