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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by MrMan on Monday February 08, 2021 @04:50PM (#26070657)
"Bitcoin governance is performed through mining pools signaling their opinion on proposals"

yes this is a regression from representative government - a corporate cartel controlling monetary policy

[ Parent | on HN ]
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by tenuousemphasis on Sunday February 14, 2021 @05:01AM (#26130991)
Mining pools do not control monetary policy - that is fixed as part of the consensus protocol. If miners tried to change it, their blocks would get rejected and they wouldn't be able to sell their coins to anyone who disagreed with their change.
[ Parent | on HN ]