bitcoin is not a democracy.
it's a consensus (defined by a 90-95% global threshold)
else status quo.
Bitcoin is form of democracy, it has it build right into the algorithm, Bitcoin will reflect the will of the economic majority.
It only requires 51% of the mining power to fork Bitcoin so repeating that it is a consensus only defined by 90-95% is meaningless. You are ignoring the reality that consensus is often impossible among large groups of people.
A 51% fork is righteously called an attack on the network.
Any change that involves less than a super-majority agreement is to be considered contentious and a subsequent fork is to be considered an altcoin if it results in the existence of two separate networks.
For that reason, Bitcoin is not ruled by the majority and therefore is not a democracy.
Don't confuse consensus and unanimity. No one said changes require 100% support.
Here we go again, back to claiming that the will of the economic majority represents an attack on the network. I do not agree with calling a blockchain fork an altcoin since this is factually incorrect. I suppose however that if Bitcoin did split because of the blocksize debate then you would be in the minority. According to your own logic then the small block version of Bitcoin would then be the altcoin, I do not agree with this but it is an extension of your own logic. The majority of miners now support increasing the blocksize after all, whether you like it or not, this will happen.
51% of the HASHING POWER is NOT the economic majority. God damn you fail so hard.
I never claimed that it was.
The miners don't decide what chain is valid, the nodes & the investors (the real economic majority) do.
Funny how you are now completely neglecting the miners as part of the economic majority, they most certainly are an important part of the economic majority.
The current standstill is not my favored outcome but the one of the economic majority as it currently exists. Until every actor in the ecosystem come to consensus on how to move forward then status quo will prevail.
It seems like you are not seeing the writing on the wall, the economic majority now favors increasing the blocksize. This is why the majority of the miners are now voting to increase the blocksize and most of the important companies and individuals have expressed their support for an increase as well.
https://bitco.in/forum/threads/who-is-for-and-against-expanding-the-block-size-reasonably-soon.119/You addressed my argument that a 51% hashing power fork was an attack on the network by saying that I claim " the will of the economic majority represents an attack on the network."
I would presume this mean you consider 51% of the hashing power to represent somehow the "economic majority". If you don't then may I suggest you explain yourself in a more intelligible way because this is not the first occurrence of you denying claims you've previously made and at this point we can only assume you are anything but honest in your arguments.
The miners are certainly part of the economic majority but they are second level actors in that regard. They
enforce the rules agreed on by the network peers & the holders. Don't even pretend you have the ability to debate this. It is not up for debate. It is how Bitcoin operates.
If the economic majority supported a block increase it would've happened already. What is so hard to understand about this?
I don't care that you single out the miners "vote" as somehow significant since the evidence working against BIP101 & BIP100 are
overwhelming.
Nodes are not buying it. A majority of Bitcoin developers are not either. An important number of high-net worth individuals (yes in
BTC) are vehemently opposed. Clearly the
economic majority is opposed to any change until a better proposition comes along. Any time you attempt to argue the opposite you just look stupid.
It's time you get a grip with reality and stop supporting such a helpless cause. I have nothing against you supporting larger blocks but by now you should understand that it is in the best interest of your ideology to shift your focus to better, more productive alternatives.