Collusion is not necessary for this to occur. Everyone just follows incentives. The hashers provide hash at the lowest cost they can. The pools maximize revenue by including EVERY transaction they can (regardless of node rules). Exchanges nodes will always try to maximize the amount of Bitcoin they can purchase from miners. Making their relationship symbiotic. Core are coders first and the more feature rich you can make a program, the more you can do with it.

All of this culminates in the mining pools effectively setting the rules of the network. I have expressed how this could be exploited to get even more control but THAT requires collusion. The issue is they didn't realize they were in control until last Saturday.

As far as the UASF there was no URSF meaning the miners have the option to do a MRSF. But, normally people would say "The hashers would move their hash out of a pool that goes rogue. The hashers did not do that. I think they are complacent and will go along with whatever the pool pushes.

Well, the last sentence is the real crux. "Refuse upgrades without needing anyone's permission"

That becomes no with the mining centralization and "economically dense" nodes working in concert (as they did on Saturday). I wrote up an easy way they could push a new rule without social consensus and force everyone's compliance, here:

Technically, no, but in effect, yes.

After you mine a block, a coin-based transaction where new Bitcoin are issued are locked for 100 blocks. So, the rewards don't come until 100 blocks are mined on this chain.

stuff that comes out of your butt.

Why isn't there a gore warning on this video? I almost threw up.

Not true (hilariously I found a video series right after I posted that that doesn't mention Bitcoin at all)

But all you have to do for reference is explain from the ground up how a blockchain works, how proof-of-work works, how stealth addresses work, how ring signatures work, how ring CT works, how to produce wallet addresses, how seed words translate to private keys.

As a technically minded person, I like to build my systems knowledge from the ground up and not rely on some comparative structure about how "a tent is kind of like a building," except not at all.

CVE#1 rm -rf / can be used to delete your root directory.

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Meet me on testnet 1...