Except the engineers are the janitors.
Miners get to decide what happens to bitcoin because they put up something at stake (mining equipment).
Developers on the other hand have nothing at stake and thus do not get to decide. Bitcoin would not work if developers would make decisions.
However if miners chose wrong their stake gets destroyed by the feedback of the market (which is controlled by users/coinholders)
Miners get to decide what happens to bitcoin because they put up something at stake (mining equipment).
Developers on the other hand have nothing at stake and thus do not get to decide. Bitcoin would not work if developers would make decisions.
However if miners chose wrong their stake gets destroyed by the feedback of the market (which is controlled by users/coinholders)
you are not completely right nor wrong.
miners and developers are both workers around here. but them having the power (the equipment and the coding power respectively) leads to belief that they are controlling bitcoin's future and it is not 100% wrong either. they both have a very potent effect.
but users or nodes should be the ones to make the decisions. the fact that they are not or there is still doubt among them doesn't change anything though.
and there is always ways to force the hands of miners.
and as much as i dislike these ways but they need to exist as the last resorts. ways such as UASF and changing of PoW.
How sure are you that it will reach $10,000 overnight?
he is not sure, he just loves creating this type of nonsense topics around here. i don't know if it is because of over excitement or wanting to hype things up
the fact is we don't know what is going to happen to the price. different routs might be taken to activate SegWit and each of them can lead to a very smooth and finally a high price or they can lead to very horrible and crashing price.