3 ms·
The question is whether or not the public, through its duly-elected representatives according to a constitution, has created the thing and has put the duly-elec
by otterley 5y ago
The question is whether or not the public, through its duly-elected representatives according to a constitution, has created the thing and has put the duly-elected executor in majority control over it. If that is the case, I would call that a public thing.
Other things, I would call private. Just because a group of people got together and made a thing -- even if that thing is usable by the public -- doesn't make that thing a public thing, if the public has no ability to make a binding decision through its democratic processes to change it.
- mattwilsonn888 5y agoGreat well we can cut definitions all day but in effect the comparison I just challenged you on which you ignored and is the crux of a fourth of the blog post isn't going to be more illuminated by pedantism. It's clear Bitcoin behaves completely unlike a private good in total.