Quote from: franky1 on October 18, 2016, 12:36:51 PM

the network is made up by the individuals. agreed and by connecting nodes together they form their own decentralized system without a corporate dictator or human leader.
emphasis distributed/diverse authority
however you and carlton want blockstream to be the central dictatorship removing the individual voting.

no one owns the network nor should own the network in the future.

stop flip flopping in the hope of gaining peoples favour into loving blockstream as a dictator

Nobody owns the network, but certainly an oligarchy will own the majority of bitcoins. There wont be an authoritarian control over bitcoin, but there will be some influence from big bitcoin owners.

Quote from: franky1 on October 18, 2016, 12:36:51 PM

1 oligarchy is the same as a monarchy/authoritatian/dictatorship (EG royal FAMILY)(EG banking partnership)(EG UK conservative party)
we should atleast continue to have MANY GROUPS where they have the right expertise, each one can correct the error of the others,and nobody can become a monarch.

Quote from: DooMAD on October 18, 2016, 12:41:26 PM

Quote from: RealBitcoin on October 18, 2016, 12:21:14 PM

So an oligarchy of a few 100 people is preferable, where they have the right expertise, each one can correct the error of the others,and nobody can become a monarch

Really? You want to impose an oligarchy? Oligarchy is an authoritarian power structure in which power effectively rests with a small number of people. That's what you're advocating right now. One stop short of a full-blown dictatorship.

The majority of people would abandon this space in a heartbeat if that's what Bitcoin ever became. Your oligarchy would have full control over a completely worthless coin. Just like Ripple.

Seriously, fuck that.

No, it's the same as a company, where a minority of shareholders own the company. To our knowledge this is very efficient, since most companies hit billions with this structure.

While your silly labour unions and democratic companies can hardly make it to the top 500 companies.