Post
Topic
Board Politics & Society
Re: the social Bitcoin
by
Rassah
on 03/12/2013, 21:42:32 UTC
"Tyranny of the Majority against the rights of all to the freedom of transaction."
this doen't make any sense. whenever majority doesn't decide it's a "dictatorship" of a small group.

The options you list are

  • Majority decides for minority: Democracy
  • Minority decides for majority: Dictatorship

There is a third option, which is each minority decides only for itself (or even each person decides only for themselves), which is anarchy. Bitcoin is basically anarchy, since neither a majority nor a minority can force a small minority to continue to use Bitcoin as is. And that is what my sig essentially points out, that bitcoin (and the entire internet, really) is a state of anarchy, and may influence people to transition into that state of mind simply by the way it works and what it considers as incentives and threats.