| > You're just entrusting a different set of un-elected un-accountable strangers with no economics degrees with your monetary policy -- the Bitcoin Core team no i don't. they just happen to maintain the reference implementation. > And the PRC where over 50% of the hash power is located no trust involved here either. > They could change the number of Bitcoin on issue, the rate, the block reward rate, anything, with zero recourse on your part. no they can't and the fact that you think this means you have zero understanding of how bitcoin works. > If you tell me they wont i'm telling you they can't. bitcoin is defined by consensus rules and releasing a binary that breaks those rules or mining blocks that break those rules doesn't change bitcoin. |