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by arcticbull
2020 days ago
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> Bitcoin can change depending on the need of the users, assuming it's something accepted by them, which sounds fair to me. No? In what way. > As for the inflation/fiat it just seems to me that you keep ignoring the possibility of a failure of such system. A failure of such system would for sure have terrible consequences and the poor unlike the wealthier will have harder times. A collapse in finance would affect the people who have money and value, that'd be the rich who'd be affected. It would not affect those who don't have money. Like inflation. |
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As for bitcoin, well, you can audit the commits on github if you want. There's plenty of things added lately. Miners or other entities like nodes can decide to fork the protocol into another chain (already happened, the protocol is then developed differently in those chains). Rules are subject to a consensus. Also if a user is not happy with a change, he's free to stop using it or to exchange his bitcoins for something else. All in all there's no reasons for participants to refuse modifying and improving the protocol over time.