If we were to do that using DGC I’d close source it. Why give our edge sway. Trust me, Bitcoin and most surviving coins will eventually go closed source. Open source was great to speed up the initial process however.
Obviously nobody is going to want to use a closed source coin.
The 'closed version' just means a coin run by a group of people on their own network, for their own purposes.
The corporate/global economy is a monolith, and crypto is becoming part of it. Code, networks etc are so backdoored that basically the entire economy, including crypto, is an easy way for the status quo to not change.
I personally am skeptical about the security of all public key cryptography and a lot of other things used in crypto, but the big issue at the moment involving crypto is the utter uselessness of most of the coins people are wasting time on.
It’s 2021 and people still believe in myths told by tools like Ver and Andreas like the govt can’t stop, control or regulate crypto. And this one. You really think the final live version of the real Bitcoin is gonna be open source? Hahaha
Fantasy can be fun. Would you prefer to store coins on an iOS wallet or a android wallet? Lol. 0% odds of that happening for so many obvious reasons.
You new here? Time to wake up, you’ve been lied to for a decade. Hey, let’s buy drugs online using “anonymous” Bitcoin. Hey, we can do whatever we want with Bitcoin/Crypto, the govt can’t regulate or stop us. Hahaha.
Not arguing with those points. Obviously there are several governments which could stop bitcoin dead, and several governments which don't. There is a reason the U.S. government shut down Liberty Reserve and shuffled all its users to bitcoin.
Open source is a completely different realm than government snooping though. A person either believes that technology developments are proprietary to the most recent developer, in a long developmental process, or they don't. If the person who invented the wheel had copyrighted it we would still be waiting for golf carts to be invented.
The U.S., the western colonial power which has largely held the world hostage to its power for a century, uses this 'copyright' model to try to take ownership of others who are slower to 'copyright', and it is a dark path.
If it gets to the point where other countries buy too far into the closed source model then development of everything will slow to a crawl.
Bitcoin specifically is the most trivial possible example. It is an utter shitcoin that does nothing but waste effort, energy and time. If somebody wanted to create a closed source version of bitcoin, though, people would probably flock to it, as long as it had a corporate logo. Maybe coca cola will create a fork called cocacoin which Goldman sachs will help them pump, but it will have a new font which they don't want people to copy so it will be copyrighted and the source code hidden.