>The mining curve obviously makes BTC not just, as it enormously promotes early adopters. You know the rules beforehand though. Nobody comes in later and chang

>The mining curve obviously makes BTC not just, as it enormously promotes early adopters. You know the rules beforehand though. Nobody comes in later and changes them, whereas with fiat money this happens all the time. >If you live in a democracy, you've got some say in the financial policy and the nature of the financial system. With BTC, it is controlled 100% by the core devs and the miners. Mining is "democratic" in the sense that anybody can do it but it takes money to mine. This is worse than what we see in many democratic nations where wealth creates political power. At least I have a tiny amount of political power rather than literally zero. But it's not literally zero. The same political power that you have over your country's government is the same political power you would have (or perhaps slightly less) over BTC or some equivalent. The government can always regulate something like BTC. It would make the situation more like fiat money, but the possibility is there.