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It's more complex than that. It's the miners, not the devs, on the Bitcoin network refuse to come to a consensus on what Bitcoin should be. It's like a weird
by bduerst 7y ago
It's more complex than that. It's the miners, not the devs, on the Bitcoin network refuse to come to a consensus on what Bitcoin should be. It's like a weird 21st-century internet tragedy of the commons.
- jhatemyjob 7y agoThis is why I think "decentralization" will never work. It's just a power vacuum, that will be filled/abused one way or the other.
- bduerst 7y agoPrecisely. It turns out that despite some of it's flaws, having your currency managed by a central organization that is incentivized for stability tends to work better than a handful of data miners stealing electricity in China.
- jhatemyjob 7y agoAnd whoever owns the domain https://bitcoin.org https://bitcoin.org.