No, miners do not decide no the validity of blocks. It is the whole network who does so. If the miners ever try to cheat the system (creating more coins than they should, steal money that doesn't belong to them, etc) their blocks would be rejected by the rest of the network as invalid.
> Why am I arguing with someone who obviously doesn't understand how bitcoin works.
I actually happen to be a software developer that founded a bitcoin startup, so I think I'm at least somewhat qualified for this. https://www.bitrated.com/
What? No. Splitting the currency and payment network in two is a very realistic outcome following an hardfork.
I recently made some slides that go into details about the hard- vs hard- fork dynamics:
https://www.docdroid.net/TouvFPl/embassy-future-politics-feb...
> Wrong again, that's the whole point.
No, miners do not decide no the validity of blocks. It is the whole network who does so. If the miners ever try to cheat the system (creating more coins than they should, steal money that doesn't belong to them, etc) their blocks would be rejected by the rest of the network as invalid.
> Why am I arguing with someone who obviously doesn't understand how bitcoin works.
I actually happen to be a software developer that founded a bitcoin startup, so I think I'm at least somewhat qualified for this. https://www.bitrated.com/