Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
Zarathustra
on 30/10/2015, 16:53:28 UTC
bitcoin is not a democracy.

it's a consensus (defined by a 90-95% global threshold)

else status quo.
Bitcoin is a 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 also ignoring the reality that consensus is often impossible among large groups of people.

They even now don't realise that it is democrcacy. These communists still believe it's communism (idiotism).

Bitcoin is a protocol..

not a democracy or any other morbid political regime, you dumb fuck.

A protocol, constructed for notoriously vomiting ad-hominem-robots without brains, who are programmed to follow the authoritarians instead of voting between different choices? Dream on.