Post
Topic
Board Bitcoin Discussion
Re: Courts Will Seize BTC With Miners' Help: Self-Proclaimed Satoshi Craig Wright
by
ChronoGN
on 01/03/2020, 06:54:40 UTC


Will miners come together and roll back the blockchain? Craig Wright seems to think so, or is he spreading fud and lying again like usual?? i doubt that this will occur.


It's even difficult for the bitcoin team to bring together miners to decide for an improvement. I highly doubt miners would be convinced to roll back everytime a court rules them to. Miners are not a centrally registered industry and even if we are able to track and contact 51% of miners, they are not bound to follow the court rules that are not coming through their jurisdiction. And rolling back are always a financial loss to the miners.

This is the beauty of decentralization. Let's say you are a miner in China and US court is telling you to enforce some rules of them. You can just throw them a middle finger.