#aksnostr
And here I thought I understood bitcoin.
And if I do - the answer is NOT.
A raspberry node doesn’t contribute hashing power to the network and to change the network one needs to either control or convince 51% of the contributing network.
Or - did I miss something?
Somebody please clarify
I think you miss something.
The nodes choose the rules they operate by and defend the immutability.
The miners defend the transaction history.
Obviously it's not the whole picture.
Hash power has nothing to do with consensus rules.
Nodes enforces consensus rules and miners apply hashpower to discover a block under those rules.
Anyone can propose different rules, but if you don't agree, you just keep using the version of Bitcoin that you like in your node. Period.
When bitcoin is completely minded out, and we are only left with consensus rules, will polarization drive policy with bitcoin like it does with democracy?
Polarization between what?
Well, the problem we have now is that nobody agrees on how to
redistribute money. This is why everybody disagrees about who should be in charge of it, which is why it is seated to the government because they offer a redistribution model for “equitable” welfare redistribution. You’re not going to get the majority of people to agree to a pure meritocracy such as bitcoin so it will become Ideological - polarization driven by individual self interest will require a welfare model or a governing body to determine how to re-distribute bitcoin earnings. This is just how people operate.
No pun intended, but what you are saying makes no sense.
There will never be anything like a welfare model or a governing body in Bitcoin. It just wouldn't be bitcoin! Also, there is no profit in bitcoin. 1 BTC = 1 BTC. If you want to continue to think in terms of fiat money, well, that's a different story.
“It just won’t be bitcoin!” Yeah, exactly, bitcoin won’t be universal… it isn’t a fiat mindset to contend with the social demand for redistribution. You can actually be serious. You sound like a fucking moron who is ideological possessed by greed
Do you call it greed not wanting to be robbed? I don´t get your point.
I worked hard to earn my sats. Why would I wanted to "redistribute" my money. Do you socialize your salary? You sound like a freaking communist!
Libertarianism is such a luxury belief. Taxation for the purposes of redistribution is a function of the monopoly on violence to ensure the poor don’t kill the rich, take all their shit and crash civilization in the process. This is why bitcoin maximalists are not taken seriously as rigorous thinkers
Ok Marx. Have a good live!
