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With bitcoin, the election cycle is always happening. Every single block miners decide which rules they want to enforce, and which proposals they want to signal support for. You want to support 2 MB blocks? Run Bitcoin Classic, or point your mining software toward a pool that supports it. You want to support segwit? Run Core 0.12.1. Ultimately, the market decides what becomes of bitcoin, not some unaccountable, unelected bureaucrat.

Also, with bitcoin, all interaction is completely voluntary. There are no legal tender laws or taxation propping up the value of the currency.

> So, in this case, I welcome the failure.

I wouldn't hold your breath. Bitcoin has been through many incidents that are far worse than this, and it's only come out stronger for it.




That's not an election. That's not voting.

And you and the other guy are illustrating really well what I mean about the bitcoiner anti-democratic point of view.

Running a piece of software isn't voting, and isn't "power to the people," but you guys get so stuck up on this wordplay about how running the software is the real, authentic "voting" that you really kinda miss the boat there.

So, well done with that.


So what does a real authentic vote look like to you, in a decentralized system?

Who calls for the vote? Who counts them? Who is allowed to vote? Who isn't? Who proposes ideas for a vote?

When the pool of people who understand what Bitcoin is gets totally overwhelmed by people who don't, what keeps really stupid decisions from being made?

When people vote for something that isn't already coded, who is responsible for coding it?


What you are describing is not a democracy, it's a textbook plutocracy.




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