Replying to Avatar gsovereignty

Bitcoin is not a democracy. If "the majority" of nodes get to decide what the bitcoin protocol is then a government could just spin up a a couple million nodes and change the 21 million hard cap. That isn't how it works.

The rolling set of nodes that *verify bitcoin received in exchange for something else* have 100% of the hard power over the protocol rules.

You need to be producing/trading something of value in exchange for bitcoin in order for your act of transaction verification to have an impact on the network. If the bitcoin you receive does not comply with your version of the protocol then verification fails and you stop providing economic value to whoever sent you the "bitcoin". The rolling set of people doing this determine what the protocol is.
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Morten Lauritsen Khodabocus 2mo ago

This would only work if the objective was to destroy Bitcoin. If the objective is to steal Bitcoin, the cost of doing all that work would exceed the value of what can be stolen.

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gsovereignty 2mo ago

I'm not sure what you're referring to exactly, I'm just pointing out who actually holds the hard power over the bitcoin protocol.

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Morten Lauritsen Khodabocus 2mo ago

The majority of miners hold the power. The cost of outmining them would exceed the value of the btc being stolen, because no-one would want their btc once the attack succeeds.