I'm not sure what "inaccurate observation or assumption" in my paper you are referring to. I stated that the enforced limits (like indeed transaction fee) are not optimal ones. And that I think that they should definitly not be under control of a small group of developers.
That is a central fallacy throughout your paper. The entire community accepts or rejects bitcoin changes. They vote by choosing which bitcoin version to run on the network.
Open source means anyone can fork the code at any time, if the community feels developers are going off into insane-land.
that
is a fallacy, i agree.
but for me (and others...), the
central fallacy is in a section-head:
3.7 Current distribution is unfairoh. that again...
i am not an 'early adopter', having begun my quest for Bitcoin in march. i begrudge nothing to those who saw, believed and risked the earliest. i will take what i earn, happily. i will not steal from those whose vision has proven to be clearer than mine.