Bitcoin governance sucks! - page 2. | Bitcointalksearch.org

sportis

sr. member

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Veni, Vidi, Vici

Quote from: mikewirth on December 06, 2016, 02:50:32 PM

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network. People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit. This is a damn mess. We need a CEO and management to direct efforts and align them to reach a goal.

Is it the case there can be no noble CEO? I don't buy that theory.

As human beings and not sheeps to follow others is the flock we don't need any shepherd. Under this reasoning people other times they agree and others not. If I want a skillful CEO I will transfer all of my funds in a bank and I will trust the bank manager. I prefer bitcoin because I don't trust neither banks nor their managers.

AGD

legendary

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Keeper of the Private Key

If Bitcoin has a CEO, it will die.
I have no respect for you guys, who joined the Bitcoin community, with the only reason to intrigue, disrupt and force stupid changes. You shouldn't be here in the first place if you don't like, what you have once joined.
Go and create whatever shitcoin you want, with a blocksize of your own fouly centralized taste and leave Bitcoin alone already!

deisik

legendary

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Quote from: RawDog on December 07, 2016, 07:31:17 PM

We need a CEO because Bitcoin doesn't scale today and for the last two years people have been trying to reach a very easy solution (change to 8MB blocksize limit) yet nobody will agree to anything. Two years of pissing around is called an impasse. With a CEO, they would have chose something. Even if they chose the worst of two paths, it would have been better than not making a choice.

Today, we have 30,000 stuck transactions, impossibly long wait times, high fees and we are no closer to making a scaling choice. Finally, good companies spending millions of dollars ($132 million) building very cool bitcoin supporting tools, are giving up and moving on to other things. i.e. Circle.

Core/Blockstream fucked Bitcoin by crippling it so they could introduce their proprietary 'off chain' scaling solution, for a fee of course.

But what could it change?

Accepting or rejecting an update to Bitcoin would still be a prerogative of miners and to be accepted such an update would still need consensus, i.e. 95% of miners agreeing, not developers, right? But miners most likely would be even more opposed to that idea that would make them yet more unwilling to accept further changes to Bitcoin, despite more robust and straightforward development of updates in case some CEO takes over Bitcoin development

Vaskiy

legendary

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There is no need of a CEO or a controlling authority. If CEO is assigned and a working management is created for its functioning sure the price movement gets controlled by the authority and not based upon the users and the circulating capital.

RawDog

legendary

Activity: 1596

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Quote from: CyberKuro on December 07, 2016, 04:39:15 AM

Quote from: mikewirth on December 06, 2016, 02:50:32 PM

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network. People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit. This is a damn mess. We need a CEO and management to direct efforts and align them to reach a goal.

Is it the case there can be no noble CEO? I don't buy that theory.

I don't think so as so many of us here attracted to bitcoin due to its been centralized since Mr.Satoshi invented bitcoin, why do we need a CEO, there's no point which we could choose and induct one even they fight each other. Nobody really control bitcoin and that's how it works until the end of its time, we need to compromise not CEO.

We need a CEO because Bitcoin doesn't scale today and for the last two years people have been trying to reach a very easy solution (change to 8MB blocksize limit) yet nobody will agree to anything. Two years of pissing around is called an impasse. With a CEO, they would have chose something. Even if they chose the worst of two paths, it would have been better than not making a choice.

Today, we have 30,000 stuck transactions, impossibly long wait times, high fees and we are no closer to making a scaling choice. Finally, good companies spending millions of dollars ($132 million) building very cool bitcoin supporting tools, are giving up and moving on to other things. i.e. Circle.

Core/Blockstream fucked Bitcoin by crippling it so they could introduce their proprietary 'off chain' scaling solution, for a fee of course.

x4

hero member

Activity: 1106

Merit: 508

Bitcoin designed to be annoymous and to be not centralize and satoshi made this coin because centralize money sucks. Government always interfere it because of monry can manipulate things and specially to those who are greedy of money in the government. Undecided

sherbaz07

newbie

Activity: 5

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the core theme of bitcoin was a decentralized system so its fine working as it should be. it doesnt need any ceo or controlling authority

Itty Bitty

member

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Indeed, it has been said that bitcoin is the worst form of currency, except all those other currencies that have been tried from time to time.

Kprawn

legendary

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The fact that they are bickering like little school children are signs of a healthy system. It gets nasty some times, and there a big bucks on the line

for the victor... but in the end... their blood, sweat and tears will not be worth shit, if the majority do not reach consensus. Just imagine that you

have spend years investing time into a project and then when you submit the fruit of your labour, it gets shot down by the majority. Let's hope

this ends soon.

CyberKuro

hero member

Activity: 798

Merit: 506

Quote from: mikewirth on December 06, 2016, 02:50:32 PM

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network. People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit. This is a damn mess. We need a CEO and management to direct efforts and align them to reach a goal.

Is it the case there can be no noble CEO? I don't buy that theory.

I don't think so as so many of us here attracted to bitcoin due to its been centralized since Mr.Satoshi invented bitcoin, why do we need a CEO, there's no point which we could choose and induct one even they fight each other. Nobody really control bitcoin and that's how it works until the end of its time, we need to compromise not CEO.

amacar2

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Quote from: mikewirth on December 06, 2016, 02:50:32 PM

This is a damn mess. We need a CEO and management to direct efforts and align them to reach a goal.

Is it the case there can be no noble CEO? I don't buy that theory.

If there will be CEO, there will be more mess than the mess you are talking about bitcoin have right now.
CEO, Company, Firm behind any coin have never done good, for example look at how ETH is messed up right now and also look how CEO of Ethereum foundation dumped his holding to have world tour. Grin

btcdiggingmaster

hero member

Activity: 644

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Transact Safer / Chase Better

Bitcoin don't need any governance because even though governance is not involved many people happy with it and saving their money for their future need. Bitcoin is one of the best digital revolution currency many people are waiting for it to change the world which is decentralized between people itself. If you don't like it than just don't use it.

David Walters

newbie

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Bitcoin doesn't need a CEO... That's a gateway to ruining things.

darklus123

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Quote from: mikewirth on December 06, 2016, 02:50:32 PM

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network. People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit. This is a damn mess. We need a CEO and management to direct efforts and align them to reach a goal.

Is it the case there can be no noble CEO? I don't buy that theory.

And having a CEO makes things better? Obviously not, So what if they were fighting on reddit? None of them can even handle bitcoin because again obviously no one can control bitcoin(every users control's their own amount of bitcoins) Let them fight anyways it won't make things better or worse(their opinion would always be their opinion)

Juggy777

hero member

Activity: 2646

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Op you have completely misunderstood the concept of Bitcoin. It was made decentralised for a reason so to help people and prevent it from being controlled. Which ceo will actually benefit us. Until you are planning to become one, look if we wanted to use a centralized system, we won't be here. As far the fighting that yes, there won't be any end to it. Even having a centralized system and a ceo won't solve it. Your idea is against Bitcoin and it's philosophy.

Positid

sr. member

Activity: 378

Merit: 250

BULL RUN until 2030

The fact that it's decentralized, we do not have CEO here, we are our own boss and without CEO will give us full privilege to spend our bitcoins in a way we prefer, that's how simple it is because you cannot the system that was designed to be this way.

Xester

hero member

Activity: 994

Merit: 544

When we speak of governance we speak of centers. The word bitcoin governance means that there are people who are controlling and has a rule on bitcoin. Bitcoin is in fact free from any governance, thats why we are all saying it is a decentralized system because it has no center an no one is controlling it. So to say that governance sucks is not the right term but the term should be " bitcoin is free from governance".

pinkflower

sr. member

Activity: 868

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Quote from: mikewirth on December 06, 2016, 02:50:32 PM

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network. People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit. This is a damn mess. We need a CEO and management to direct efforts and align them to reach a goal.

Is it the case there can be no noble CEO? I don't buy that theory.

A decentralized structure of governance was meant to be messy. It is either you love it or hate it and with BTC this is what you get. You are always free to go elsewhere if you do not like it. You could also decide not to take part in the political side of the community.

davis196

hero member

Activity: 3192

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Quote from: mikewirth on December 06, 2016, 02:50:32 PM

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network. People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit. This is a damn mess. We need a CEO and management to direct efforts and align them to reach a goal.

Is it the case there can be no noble CEO? I don't buy that theory.

Why are you so angry?

There are some issues,but i`m sure they are going to be resolved.

Who do you suggest for a CEO?

kidmodo

member

Activity: 79

Merit: 10

Quote from: steven0021 on December 06, 2016, 02:52:49 PM

The whole point of bitcoin is to provide people a currency that have no central governance. If you don't like it simply don't use it.

true, if the government interferes too much, there will be taxes and a lot of things that trouble, then what's the difference with other financial institutions

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