You are viewing a single comment's thread from:

RE: Bitcoin Will NEVER Gain Mass Adoption (video/podcast)

in #bitcoin5 years ago

Would bitcoin still survive at this point if Blockstream was raided and shut down by some government entity? In other words, are there enough devs outside of Blockstream to keep the project going? I see that company as a form of centralization that creates potential vulnerability. Bitcoin needs to be less reliant on company structures for progress.

Sort:  

yes they are enough dev outside of blockstream...
the rumor that blockstream control bitcoin dev is bc many dev support blockstream goals. But don't work for blockstream.
Blockstream has great power but not to the extent you think. Blockstream has more social power if anything. Blockstream might scare some people but is also trusted by many others...

There is an case study done showing less than 10% of bitcoin core dev worked or held stake in blockstream.