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Well, the consent of some of the community. Potentially far, far less than a majority of the community, even, considering it's not one person, one vote.
by ceejayoz 1y ago
Well, the consent of some of the community.
Potentially far, far less than a majority of the community, even, considering it's not one person, one vote.
- torginus 1y agoyeah this sounds like direct plutocracy - money votes, not people. Which I guess is a cricitism of crypto in general - if it were to be adopted widely, the rich can gang up any time on the rest of us and do an 50% vote to rewrite the votes - right now the 1% owns about 30% of wealth in the US - not a stretch to see it go to 50%