And what is their understanding of how bitcoin should be governed?

Mike said Bitcoin core needs one person at the top a 'benovelent dictator' who should be Gavin. Thats what he intends for XT.

... but only after core dies which he said needs to happen.

Coinbase also want Gavin as benevolent dictator to head bitcoin development  (not one implementation but the whole protocol), thats what they said (paraphrasing).

You like that view on governance? You consider that view less totalitarian in nature?


Thanks but no thanks.


I prefer cores open, inclusive, cautious if maybe slower approach. It has worked very well so far and Bitcoin has been improving, and growing very well under that model.