Most people think Bitcoin governance is decentralized. It’s not.
Here's the uncomfortable truth:
You don’t need 51% of miners to change Bitcoin.
You just need 5 Core maintainers and a network of ...
Maybe the markets pumped Bitcoin as an asset because of the initial commitment to Bitcoin as a decentralised network. If the latter fades, so may the former.
Maybe it’s FgU before NgU and not vice versa.
Maybe it’s FgU before NgU and not vice versa.
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