MusaTheRedGuard
Joined 10 years ago
Joined 10 years ago
The possibility of forking is a necessary deterrent in cryptonetwork governance.
If the maintainers of a network become compromised or get coopted by special interests, the collective owners of the network(the holders of the cryptocurrency) have the right to exit.
The right to exit is a necessary part of governance.
Why do you think this? Ethereum has changed its inflation schedule a few times recently.
It seems you are basing this on the hard capped supply model of bitcoin which is not the same as every cryptocurrency.
Also interesting to mention the crossover between Yang supporters and the crypto community: https://breakermag.com/five-reasons-crypto-fans-are-joining-...
Bitcoin isn't exchanges or "crypto" or "blockchain" or ICOs or tokens.
In case it wasn't clear, the usecases i mentioned above (gambling, getting around capital controls) exist and are live in crypto right now.
Examples of good thinkers are the guys over at multicoin capital, a crypto focused hedge fund: https://multicoin.capital
I don't agree with everything they invest in, but they have clear, logical theses