Milly Bitcoin [ARCHIVE] on Nostr: 📅 Original date posted:2015-09-20 📝 Original message:> Larger user base won't ...

📅 Original date posted:2015-09-20
📝 Original message:> Larger user base won't necessarily protect against governments if we
> still have chokepoints they can go after.


Bitcoin will always have chokepoints governments can go after. Hackers
already targeted routers to divert mining traffic awhile back. Bitcoin
traffic is easily seen and blocked by ISP's. It has already been
pointed out that laws against merchants and exchanges cannot be defended
against any other way than to have many people use the system. (As a
developer you, of course, did not mention the threat of having a tiny
number of developers who have significant influence over Bitcoin. It
always amazes me the endless discussion over miners centralization and
almost zero discussion of developer decentralization.)

Increasing the nodes by a factor of 2 or 3 or keeping the block size
small to increase the diversity of miners by a few percent will have
zero effect if those other government threats were to actually happen.

Russ