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A comment on Bitcoin is fiat money, too. Parent comment

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?
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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.
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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.
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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.

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