Quote from: Lauda on February 11, 2016, 05:53:10 PM

Quote from: chennan on February 11, 2016, 05:45:35 PM

And this is exactly why I'm not so sure about Bitcoins future in general any more... I mean c'mon... really??? There has to be a better/more democratic way to decide these things, and not have the top tier of miners and devs deciding Bitcoins fate from here on out.

This is not really centralized and it works. You have two options: 1. Vote with your hashing power; 2. Vote by running nodes. You can't really blame Bitcoin if you lack the capital to compete with others.

Bitcoin wasn't created and intended for only rich people... it was created and intended to allow people to be their own banks and freedom of the Fed. To say that the only people who can "vote", in a sense, are the people who have acquired the most capital during these years Bitcoin has been around is seriously fucked up. Also, miners doesn't really seem to "vote" with their hashing power and distribution of nodes... they "vote" by bitching and complaining and holding threats over the Bitcoin community that they will just shut it all down if they don't get their way or reach a compromise... at least that's what I'm understanding from this whole situation, I could very well be wrong... but the whole idea of this type of small group of people/miners making decisions about what should happen with block sizes and all pisses me off just as much as a small group of men in the Fed making crucial decision that will change the whole economy for all of us "ignorant civilians" that can't make a decision for our selves.

I'll go ahead and disclose that I have stopped and will never get back into mining because of lack of capital, but I think everyone who is in this Bitcoin "economy" should be able to participate and reach a conclusion just as much as the people with the most "capital".

Big time miners seem to have these solutions that will never "fail", but the reality is is that we all don't know what to do in tackling this... and all of what is being proposed to fix the block size is "theoretical" and "philosophical" in a sense. People forget that this is still a new project that everyone should be a part of, not a fixed system that should be "governed" by the most powerful people in terms of wealth in BTC.