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Bitcoin monetary policy can be changed. If there is a significant consensus then you can move to any set of rules. Bitcoin monetary policy cannot be unilateral
by Lerc 8y ago
Bitcoin monetary policy can be changed. If there is a significant consensus then you can move to any set of rules. Bitcoin monetary policy cannot be unilaterally changed.
Consensus is difficult and slow, but when it comes to the world economy, that's probably the least-bad solution.
- whofailed 8y ago> Bitcoin monetary policy can be changed People can fork bitcoin with a different monetary policy. I, and many others will continue to support the monetary policy as set out in the original white paper. Not much in bitcoin is sacrosanct, but 21 million coins is what makes it bitcoin for me.