3 ms·

TekMol, I don't get how your analogy relates? A gun would have to be put to every individual miner's head to force the majority to upgrade. Even then, if it ca

TekMol, I don't get how your analogy relates? A gun would have to be put to every individual miner's head to force the majority to upgrade. Even then, if it caused a fork, individual users have the freedom to continue using the old version, new miners can choose the old version. Miners can even switch back to the old version after the gun is gone. Everything will still work.

justtopost 8y ago
The gun here I wager is metaphorical, the loss of value by 'force' is the point. If your currency forks, and you are now in the minority, chances are your values will fall, and become harder to make liquid, as the market shrinks.
ceejayoz 8y ago
> A gun would have to be put to every individual miner's head to force the majority to upgrade. The analogy applies to this, too. Governments have long shown that you don't have to put a gun to each individual's head - murder a small amount of dissidents in a nasty manner and it quite effectively squashes dissent in a lot of cases. A lot of miners are in China, which has lots of practice doing this.
pbhjpbhj 8y ago
I think he's saying that without the support of the demos (voting public) the police/army won't move to support the government's position so their power is curtailed; in the same way that a centralised coin administration has their power curtailed if the community don't support their "army" (system changes to force a particular new regime).
- ric2b 8y ago
  Except that's completely false, as has been demonstrated many times in multiple countries.
  - pbhjpbhj 8y ago
    Can you give a blanket statement like that? Plenty of governments have fallen out faltered because they're military stood against them (eg a military coup). Equally police/military have probably been used when there would not be democratic support. Did you have some examples in mind?

3 ms·

TekMol, I don't get how your analogy relates? A gun would have to be put to every individual miner's head to force the majority to upgrade. Even then, if it ca

by menzoic 8y ago

justtopost 8y ago
The gun here I wager is metaphorical, the loss of value by 'force' is the point. If your currency forks, and you are now in the minority, chances are your values will fall, and become harder to make liquid, as the market shrinks.
ceejayoz 8y ago
> A gun would have to be put to every individual miner's head to force the majority to upgrade. The analogy applies to this, too. Governments have long shown that you don't have to put a gun to each individual's head - murder a small amount of dissidents in a nasty manner and it quite effectively squashes dissent in a lot of cases. A lot of miners are in China, which has lots of practice doing this.
pbhjpbhj 8y ago
I think he's saying that without the support of the demos (voting public) the police/army won't move to support the government's position so their power is curtailed; in the same way that a centralised coin administration has their power curtailed if the community don't support their "army" (system changes to force a particular new regime).
- ric2b 8y ago
  Except that's completely false, as has been demonstrated many times in multiple countries.
  - pbhjpbhj 8y ago
    Can you give a blanket statement like that? Plenty of governments have fallen out faltered because they're military stood against them (eg a military coup). Equally police/military have probably been used when there would not be democratic support. Did you have some examples in mind?