Post
Topic
Board Bitcoin Discussion
Re: The Barry Silbert segwit2x agreement with >80% miner support.
by
allinvain
on 14/07/2017, 22:23:19 UTC

Well if we're quoting Falkvinge on Segwit, we may as well reference his better work, such as his synopsis of Satoshi Roundtable:
http://falkvinge.net/2017/01/26/impressions-satoshi-roundtable-iii/


In a speaking slot of mine, I stood up and made the observation that we (people in the room) are acting like a Toyota boardroom who are trying to make a decision that every family should buy the latest Toyota model. “It doesn’t work like that”, I said. “We’re not the Soviet Politburo commanding a planned economy. The reality of the situation is that we’ve made the market an offer, and the market is rejecting our offer.” I made the point that thinking the market should behave differently, no matter how good your reasons, is not going to make the market behave differently in the slightest. The Toyota boardroom doesn’t get to decide what car a family should buy, and the present company does not get to decide what code miners run on their own machines. The world isn’t fair, but instead of complaining about it, play the cards you’ve got on your hand. Give your client what they want and you both benefit.

I think that quote nails this whole year-long agonizing about Segwit perfectly, and in hindsight will be the Bitcoin history books.

The third Satoshi Roundtable has just concluded in Cancún, Mexico. The Roundtable is a private gathering of 100 movers and shakers within the bitcoin industry, with no media present, and it’s held under Chatham House rules – meaning everybody can use the information shared at the meeting, but never disclose who said what or their affiliation.

Same as The Bilderberg Group. Secrecy can not be permitted in decentralised environment.



This right here bothers me severely! Why in the hell are we replicating the same power structures that we purportedly seek to destroy. *Sigh*