4 ms·
> If you're not a miner you have absolutely no control. The economic majority of Bitcoin users ultimately decides what "Bitcoin" even means and can enforce tha
by flotzam 5y ago
> If you're not a miner you have absolutely no control.
The economic majority of Bitcoin users ultimately decides what "Bitcoin" even means and can enforce that against miners with e.g. a User Activated Soft Fork: https://uasf.co https://uasf.co
- georgyo 5y agoI disagree. As a user, I have no real say. What ever the miners and exchanges decide if what I must use. And for the vast majority of users just don't care about which fork should be considered the true path. As a user, I have about as much control over US currency. I can be very vocal, protest, and raise awareness for what I think is correct, but ultimately almost all decisions happen with governing bodies. And in the case of Bitcoin, the governing bodies are the miners and exchanges, which have very different incentives than the users.
- doggosphere 5y agoYou may have diminished say in the governance process, but you can vote with your money. If enough people leave a contentious network, the price falls. If you decide to use another chain, exchanges/wallets/miners become profit incentivized to support those chains.
- yeneek 5y agoI agree that you alone have no real say. The community does.