4rge on Nostr: yeah, so the whole reason decentralization is favored by BTC enthusiasts and from ...
yeah, so the whole reason decentralization is favored by BTC enthusiasts and from it's brain-mothers (wikicash, bitcash, zcoin, ect. aka a bunch of dead proto-coins) was due to manipulation.
Lets go with your model where only the "qualified" can speak. Who or whom sets the standard for qualifications? If that standard is set by those in power what prevents those in power from amending the standard to preserve their own power? What factors would merit the removal of one or more of these entities from control of BTC Core?
Next thing you know there is a 0.1% service fee on everything to "support the bitcoin core foundation" that actually goes to line the pockets of the foundation controling party. Next thing you know 0.1% compounds over a generation or two and there is now a party composed of one or more players that control 51% and the entire network is physically useless but still used out of lack of innovation in the sector as all competition to the Core was opposed.
yeah, fuck your future bro. No no and no.
Lets go with your model where only the "qualified" can speak. Who or whom sets the standard for qualifications? If that standard is set by those in power what prevents those in power from amending the standard to preserve their own power? What factors would merit the removal of one or more of these entities from control of BTC Core?
Next thing you know there is a 0.1% service fee on everything to "support the bitcoin core foundation" that actually goes to line the pockets of the foundation controling party. Next thing you know 0.1% compounds over a generation or two and there is now a party composed of one or more players that control 51% and the entire network is physically useless but still used out of lack of innovation in the sector as all competition to the Core was opposed.
yeah, fuck your future bro. No no and no.