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A comment on If Bitcoin Looks Like It Isn’t Trading, It’s Because It Isn’t. Parent comment

Re:If Bitcoin Looks Like It Isn’t Trading, It’s Because It I... by bduerst on Monday December 09, 2019 @05:30PM (#21747360)
It's more complex than that. It's the miners, not the devs, on the Bitcoin network refuse to come to a consensus on what Bitcoin should be. It's like a weird 21st-century internet tragedy of the commons.
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Re:If Bitcoin Looks Like It Isn’t Trading, It’s Because It I... by jhatemyjob on Monday December 09, 2019 @05:44PM (#21747471)
This is why I think "decentralization" will never work. It's just a power vacuum, that will be filled/abused one way or the other.
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Re:If Bitcoin Looks Like It Isn’t Trading, It’s Because It I... by bduerst on Monday December 09, 2019 @07:15PM (#21748251)
Precisely. It turns out that despite some of it's flaws, having your currency managed by a central organization that is incentivized for stability tends to work better than a handful of data miners stealing electricity in China.
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Re:If Bitcoin Looks Like It Isn’t Trading, It’s Because It I... by jhatemyjob on Monday December 09, 2019 @07:59PM (#21748561)
And whoever owns the domain https://bitcoin.org.
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