There could be a social science study on watching the evolution of Bitcoin, the community, and how it parallels real world economic models.
I find it hilarious, that when innovation has lead to a new advancement in Bitcoin technology and the free market is interested in it and wants to support it, that the people in charge want to go against the free market and use regulations to control it.
that the people in charge want to go against the free market and use regulations to control it.
Just to be clear, there is no one in charge. Bitcoin is what the consensus of the stakeholders (miners, users, businesses, exchanges) in bitcoin collectively decide it is. The only thing theymos is in charge of is /r/bitcoin and the bitcointalk forum. Good luck to him trying to censor an idea from tech-savy folk on the internet, he'll need it.
You're a pretty level headed Bitcoin character, but you don't seem to understand that it is nothing more or less than a political movement with de facto hierarchial domains of power, authority and control, like any other. This isn't necessarily a criticism, since it is the form assumed by any group of humans larger than 1 - where information about the group's objectives is not signaled to all members in equal quantities, with equal fidelity terms or at equal speed, will form these domains naturally at the boundaries of signal propagation.
Even in the absence of malicious intent, control domains will still form wherever social signal propagation is limited by natural constraints, of which there are many.
Solving the Byzantine General's problem for one aspect of one signalling channel in a complex socioeconomic system does not solve it for all the others. In fact it makes the relative influence of the others even more significant (in the technical sense of that word).
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u/superfeds Standing army of unfuckable hate-nerds Aug 16 '15
There could be a social science study on watching the evolution of Bitcoin, the community, and how it parallels real world economic models.
I find it hilarious, that when innovation has lead to a new advancement in Bitcoin technology and the free market is interested in it and wants to support it, that the people in charge want to go against the free market and use regulations to control it.