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I believe the simple answer is "when BTC stakeholders stand to lose money by not moving away from PoW".
by saalweachter 5y ago
I believe the simple answer is "when BTC stakeholders stand to lose money by not moving away from PoW".
- jstx1 5y agoI think there's too much ideology, politics and tribalism involved to simplify it like this.
- javert 5y agoYou can't move bitcoin off proof of work. You can fork it, and the fork can become more dominant, but the fork won't be bitcoin. Similarly for changing the 21M coin limit. Bitcoin is an idea, not a democracy.