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> is the stable horizontal structure that makes top down governance obsolete lol, how can bitcoiners still believe this? SegWit was introduced top-down, The DA
by antocv 8y ago
> is the stable horizontal structure that makes top down governance obsolete
lol, how can bitcoiners still believe this? SegWit was introduced top-down, The DAO was top-down governance.
Everthing about bitcoin, the mining, the software, the majority owners of all bitcoins ever mined, is ruled and in the hands of less than 12 people.
- lukifer 8y agoThe counterpoint that those n<12 people are supported by, and theoretically accountable to, the vast ecosystem of miners, investors, and developers. ...and the counter-counterpoint: for all the shortcomings of modern democracy, the same is at least somewhat true of the board members of the Federal Reserve, and the elected congress-critters who occupy the relevant regulatory committees.
- coinward 8y agowhat do you mean by ruled? there is no ruler. thats the point