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Re:Miners Aren’t Friends by yorwba on Sunday January 14, 2018 @11:21PM (#16148458)
> a state level actor cannot just stop the contract from being executed simply by putting pressure on a third party.

They just haven't gotten around to it yet. The decentralized nature of cryptocurrencies increases the number of entities that need to be pressured, but doesn't make state-level actors completely powerless.

Re:Miners Aren’t Friends by jancsika on Monday January 15, 2018 @09:35AM (#16150717)
They won't get around to it, because stopping the mining of all cryptocurrencies that sci-hub could use to pay for uptime is more work than stopping sci-hub.

Since stopping cryptocurrencies is harder than freezing third party payments (evidence: see Wikileaks), this is a single, narrow example of the usefulness of cryptocurrencies. Researchers get the convenience of sci-hub's frontend for longer than they would if sci-hub had relied on a third party payment system.

Re:Miners Aren’t Friends by Zpalmtree on Monday January 15, 2018 @02:31AM (#16149131)
This is why some cryptocurrency communities like monero push for people to use smaller mining pools so the miners are more decentralized.
Re:Miners Aren’t Friends by dullgiulio on Monday January 15, 2018 @04:26AM (#16149483)
So we need some guidance. Oh that's what governments are for, definitely not a private company, which is not accountable by voters (with a wide voters base; if the voter base is not wide, made it so, don't discard democracy.)

Finally, there are a lot of good reasons why in democracy we vote per-head and not per-share. It's a big thing, but that is also being dismissed by cryptocurrencies.