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RE: Bitcoin Versus Normal Fiat Currency

in #bitcoin7 years ago

It is not impossible to envision some future event where a controlling entity owning enough bitcoin to reach a consensus on its future, deciding more bitcoin should be mined beyond current limits.

But it wouldn't be done in concealment and therefore people could choose a different coin. We have options beyond bitcoin now. Governments that create too many restrictions on crypto effectively repel crypto start-ups from operating there. They just move to a friendlier location.

Because it is decentralized it is very resistant to control and manipulation.

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I am unfortunately don´t agree completley your opinion.

Decentralization makes control a bit more difficult. And manipulation is also not excluded.

How, for example, do you name it, if I a majority overrule what the community has set before.

Nothing else has happened.
What is the decision of the developers that the bitcoin core client accept no longer nodes?
Ok most miners and Trezor und Ledger did a kind of manipulation if you want to name it like that.

The etherium fork was also caused by a manipulation when I call so.

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