Democracy is dictatorship by the majority.
Bitcoin is a Democracy by definition. or maybe more of a "Democracy with exile"
what is bitcoin?
Nodes express their acceptance of a new block by mining on top of it and the longest chain composed of valid transactions is Bitcoin.
there you go the bitcoin = whatever the majority of hashing power believes is bitcoin.
What a twisted idea.
So if "the majority of hashing power", say, 55%, starts mining Kanyecoin rather than Bitcoin than it becomes Bitcoin?
says satoshi
it really has to be a fork of bitcoin with the majority of hashing power, but you get the idea.