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Re:Bitcoin is fiat money, too by mseebach on Saturday September 23, 2017 @05:24AM (#15318936)
Just download a mining program and run it on your computer. Voilà, you now have "a say" that is exactly equivalent to your say in the policy of republican institutions.
Re:Bitcoin is fiat money, too by Terr_ on Saturday September 23, 2017 @06:07AM (#15319047)
Don't be silly, that's like saying that incorporating a one-person business automatically puts you on-par with the lobbying power of major industries.
Re:Bitcoin is fiat money, too by mseebach on Saturday September 23, 2017 @06:22AM (#15319091)
No, it's as silly as suggesting that a single voter has any say what so ever in the policies of republican institutions.
Re:Bitcoin is fiat money, too by radarsat1 on Saturday September 23, 2017 @06:47AM (#15319153)
1 vote for a poor person = 1 vote for a rich person (ideally). In mining, the more mining power you have, the more "say" you have. One stays constant, the other scales. Don't you think that is an important distinction?
Re:Bitcoin is fiat money, too by spdionis on Saturday September 23, 2017 @06:51AM (#15319164)
In a way it's a pretty naive view. The rich person will have more influence over other people that will give him effectively more than 1 vote.
Re:Bitcoin is fiat money, too by JumpCrisscross on Saturday September 23, 2017 @08:59AM (#15319537)
OP's point is the big mining rig will have more influence than the numpty rig one boots up on their laptop.
Re:Bitcoin is fiat money, too by mirimir on Saturday September 23, 2017 @06:59AM (#15319194)
Sure, each has one vote.

But it's not your one vote that makes any difference, It's how many votes you can influence. And that's all about privilege and money. Campaign funding. Lobbying.

Re:Bitcoin is fiat money, too by rdiddly on Saturday September 23, 2017 @03:39PM (#15321321)
So you're saying, cryptocurrency and fiat currency are the same, because you don't have a meaningful say in either one, unless you have a lot of money. Yes. True.