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How? What I've described is closer to an oligarchy than it is to anarchy. So either you disagree with my initial description, or you disagree that that descrip
by leadingthenet 6y ago
How? What I've described is closer to an oligarchy than it is to anarchy.
So either you disagree with my initial description, or you disagree that that description matches something other than anarchy. Either way, I think you'll find either one of those a difficult argument to make.
- ZguideZ 6y agoOnly if you presuppose that the 'small clique of miners with specialized hardware' represents the same interests as the system that bitcoin is slowly starting to displace. Perhaps I should have specified anarchy to the system as it currently exists. It's a time bomb built and released to destroy the economic status quo.