A bitcoin oligarchy is better than a bitcoin democracy.
A democracy is a 51% attack, 51% of people vote for redistributing your coins to them, and you`d have no say in the matter.
So lets avoid that disaster.
A democracy is a 51% attack, 51% of people vote for redistributing your coins to them, and you`d have no say in the matter.
So lets avoid that disaster.
I dont see the rationale behind saying it is better when 1% decide about where Bitcoin is heading compared to majority vote. Actually supporting antidemocracy governance is not legal in democracies to keep majority of population safe from dictators who want all the power for themselves - so lets avoid that disaster for people in Bitcoin as well.
I wonder why so many despotist joined originally libertarian project. I guess they just joined because Bitcoin was so usefull for silk road and other illegal activities, I have no other explanation for such minded people here.
Isn't a bit f***** up? Like for real. These guys don't believe in democracy at all. The whole world has learned it's mistake by losses of million of lives when 1% decided the faith of humanity. We don't want that in Bitcoin that's well said.
Again we are on the verge of tacking back what is ours.
