Post
Topic
Board Bitcoin Discussion
Re: The Banking senate hearing (at one point hinting at going after code commiters)
by
ranochigo
on 29/07/2021, 11:26:25 UTC
I can't prove it. But suspect they've put pressure on Elon Musk to lie about bitcoin's carbon footprint.
Probably never happened. Elon Musk never lied about the carbon footprint of Bitcoin and it is nothing out of the ordinary that he wouldn't do.
Crypto miners may have been pressured to do strange things that have been documented. Such as filling 1 megabyte bitcoin blocks to 30% or less of full capacity. In order to push the strange agenda behind bigger blocks.
This is just bull. Miners has never actually done anything like this to manipulate the perception of the community during the block size debate. Isn't it quite obvious if miners try to pull off something like this? There wasn't anything that suggests bigger blocks would compromise the network, it is just purely politics that doesn't benefit any state.


Isn't this in itself a weak link? Is Bitcoin at the mercy of devs?
Then what is the difference between a bunch of devs colluding vs a bunch of bankers colluding?
Isn't consensus between all devs/miners/node that keep it honest?
In my opinion committers more than devs/miners have to go anonymous.
Devs have the power to implement changes and merging them into the reference client, this also means that since majority of the community rely solely on the reference client, they are thought to have more power than most. Good thing is that, you can choose to run them or not, if you don't like their changes, don't run it and you form an altcoin. Most changes aren't forced upon the community, miners are still voting for it and discussions are conducted in quite a transparent manner as well.