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The counterpoint that those n<12 people are supported by, and theoretically accountable to, the vast ecosystem of miners, investors, and developers. ...and the
by lukifer 8y ago
The 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.