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RE: Is Bitcoin Governance Truly Decentralised? Should It Be?

in #bitcoin7 years ago

Don't really know anything about mining, but I do know when people group together they tend to put their own interests first. Seems to run totally counter to the very idea of decentralization to me. Things will play out as they will though, but IMO power and money always tend to corrupt towards wanting more power and more money, so it's not surprising that people are already grouping together to try and sway things in the way that they would like. Always great to read your articles @thecryptofiend, like I said I don't really know anything about mining but you write in such a descriptive and easy to understand way! Thanks for the post :)

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Yes that is what I think. It seems to be against the spirit and human nature is very fallible when it comes to being corrupted by self interest. Thank you:)

Yeah it's sad but true, it'll be interesting to see how this plays out in the future, either way it looks like cryptocurrencies are coming more and more into the mainstream.