Re:The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work
by TD-Linux on Friday February 12, 2016 @02:52PM
(#11090004)
No, the miners don't decide what Bitcoin is. If a miner produces an invalid block, other Bitcoin nodes will reject it.
It's true that the recent hard fork proposals have keyed off miner voting, but they wouldn't have to - they could just activate at a certain time, block height, strawpoll vote API, or whatever.
Bitcoin depends entirely on the self-interest of the involved parties to not destroy the system they have invested so much in. That's how much of the real world works too.