Re:Proof-of-stake is inherently self-referential
by endisneigh on Friday May 21, 2021 @01:48PM
(#27237390)
> This section seems to contradict the rest of the comment ?
this is intentional. this is why I said pretend to be democracy. like you've pointed out, there's a contradiction, but it's resolved in accepting that we do have an accountable group of people, however they are also being manipulated, but we don't know who the manipulators are. hence, we're being (indirectly) controlled by pseudo-anonymous elites.
in theory there should be a stable equilibrium between the (corrupt) representatives and the population as they are identified.
at least with democracy we can punish the puppets.
this is intentional. this is why I said pretend to be democracy. like you've pointed out, there's a contradiction, but it's resolved in accepting that we do have an accountable group of people, however they are also being manipulated, but we don't know who the manipulators are. hence, we're being (indirectly) controlled by pseudo-anonymous elites.
in theory there should be a stable equilibrium between the (corrupt) representatives and the population as they are identified.
at least with democracy we can punish the puppets.