Quote from: AliceGored on June 29, 2016, 08:43:06 PM

Where nullc conclusively demonstrates that free market incentives will never work for Bitcoin mining:

Miners must never be called upon to determine the size of their own blocks. This power shall be centralized into the hands of the Core technicians, thus correcting an extreme mistake and oversight in satoshi's original design.

The few Core technicians want to be the ultimate regulators who define what blocksize and fees are best for all other Bitcoin users and the network. Im pretty sick of all centralized regulations, it hardly brings anything good and just make the regulators very powerfull to define the fees and how many people can ever use Bitcoin, all by artifically setting blocksize limit parameter.

It reminds me of FED meeting setting interest rates to impact whole US economy. Do people really want few Core technicians defining Bitcoin usage and fees (indirectly trough defining blocksize limit) - I thought Bitcon had to be power resistant, but very small group of people controling Bitcoin and making threats if miners dont follow their vision, they change mining algo so these dictators can retain complete control over Bitcoin. Yes, Bitcoin grew up new elite of dictators from nowhere - they show history repeats and its human nature to abuse power and try to keep the power at all cost. People who dont trust PoW principles should not use Bitcoin - its the miners who secure the network afterall - yet we have to trust few Core technicians instead. Whats the need for Bitcoin then, fiat is already centralized and in control of few people, Bitcoin should be better and one hash equeal one vote is what Bitcoin PoW come with as new fair method to replace centralization and human element.

About the nullc aka gmaxwell, he lost his credibility by constantly spreading FUD about Bitcoin to become centralized and full nodes moving to datacenters if 1 MB base blocksize is ever to be increased - extraordinally claims but no proof. So nullc, come up with science data, because your claims are hilarious and just viewed as political to sceptically thinking person, especially when data based studies showing no such centralization to data centres at all. His taste to regulate fees by keeping artifical limit is well known - in economy it is called central planning if you have no faith in free market and have faith in human regulations instead, lol.