Forbes : the Biggest threat to Bitcoin is Gavin - page 2.

Severian

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Quote from: Gavin Andresen on April 07, 2013, 12:28:00 PM

I think the big difference between the "bitcoin elites" and the existing financial system elites is the "bitcoin elites" are working really hard to distribute our power.

"Bitcoin elites" have created something that has actually engendered hope and motivation in many people. Being one of the older gents on this board, I can't recall the Credit Elites ever engendering hope in anyone during my lifetime.

Bitcoin elites, +1.

herzmeister

legendary

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Quote from: the founder on April 07, 2013, 12:32:30 PM

I met Gavin in NYC bitcoin conference . At the time I owned flexcoin. I believe he's a good guy.

A kingdom with a benevolent monarch is well off. But there's no guarantee the next monarch will be as benevolent as Gavin. Tongue

But yes, I surely do hope Bitcoin will remain or improve decentralization. Would also somewhat prove wrong anti-capitalists and Marxists who insist that every system based on markets and money always ends up in hierarchy and centralization of power.

the founder

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Bitcoin

Quote from: cypherdoc on April 07, 2013, 12:35:36 PM

first off, the author didn't title this thread; you did. who's the tool?

Clearly you are. Who the fuck do you think the "bitcoin elite is". When it comes to the overall rules are?? You think the author was referring to anyone else?

cypherdoc

legendary

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Quote from: the founder on April 07, 2013, 12:32:30 PM

I think the author is a tool. I just felt everyone should know the FUD being spread.

I met Gavin in NYC bitcoin conference . At the time I owned flexcoin. I believe he's a good guy.

first off, the author didn't title this thread; you did. who's the tool?

the founder

sr. member

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Bitcoin

I think the author is a tool. I just felt everyone should know the FUD being spread.

This is the only reason I posted it.

I met Gavin in NYC bitcoin conference . At the time I owned flexcoin. I believe he's a good guy.

Gavin Andresen

legendary

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Chief Scientist

I think the big difference between the "bitcoin elites" and the existing financial system elites is the "bitcoin elites" are working really hard to distribute our power.

We're getting there, but it will take time. I really hope in a year or two there will be at least three or four different bitcoin implementations all producing blocks, validating transactions, etc. And in ten years there will be a dozen or more.

That is a natural progression; I was around when NCSA Mosaic was the one web browser and the NCSA server was the only web server, and there have been a couple cycles of certain browsers / web servers becoming dominant and then fading. I expect to see a similar evolution for Bitcoin infrastructure software.

Mike Christ

legendary

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If those same elites made changes to the Bitcoin protocol, you have every option to not use those changes (which would undoubtedly create a hard-fork.) Their only option is to make these changes, without ever telling you about them, and somehow keeping our current BTC devs quiet (either through unlawful imprisonment or lots of money, the latter of which may not work.)

IF the elites attempted to force a "tax-enabling" client, just don't use it. You will be a-okay.

cypherdoc

legendary

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Quote from: Gabi on April 07, 2013, 12:14:59 PM

Look, someone who know nothing about bitcoin wrote an article about bitcoin. And failed, hard.

Timothy Lee actually wrote a decent article.

it's the OP that has failed hard.

Gabi

legendary

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If you want to walk on water, get out of the boat

Look, someone who know nothing about bitcoin wrote an article about bitcoin. And failed, hard.

jacky4566

newbie

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Quote from: the founder on April 07, 2013, 12:00:24 PM

In principle, there’s no reason those same elites couldn’t make other changes to the Bitcoin protocol.

There is a reason. Us the users would reject the changes and refuse to use the new protocol. Just don't update to that client?
Unless they were planning it all along and made the changes so small we wouldn't notice.

Melbustus

legendary

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Quote from: TraderTimm on April 07, 2013, 12:03:19 PM

Do you write for the guardian in the UK? I know an author who writes baseless tripe you'd like.

If you're referring to Heidi Moore, yeah, my god... She's horrible. I got into a lengthy twitter fight with her over her last article.

And OP, regarding your post, the way the fork was resolved indicates bitcoin's STRENGTH, not weakness. The community came together and rapidly resolved a technical issue. Their incentives were beautifully aligned to act together in the interest's of bitcoin as a whole. And go read the IRC logs; Gavin was one voice among many. I, for one, am more bullish on the long-term future of bitcoin after the fork.

TraderTimm

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Do you write for the guardian in the UK? I know an author who writes baseless tripe you'd like.

the founder

sr. member

Activity: 448

Merit: 251

Bitcoin

In the wake of last month’s fork, the elites in the Bitcoin community effectively changed the rules in a matter of hours. In principle, there’s no reason those same elites couldn’t make other changes to the Bitcoin protocol.

http://www.forbes.com/sites/timothylee/2013/04/07/four-reasons-bitcoin-is-worth-studying/

Edit:

I think the author is a tool. I just felt everyone should know the FUD being spread.

This is the only reason I posted it.

I met Gavin in NYC bitcoin conference . At the time I owned flexcoin. I believe he's a good guy.

Topic: Forbes : the Biggest threat to Bitcoin is Gavin - page 2. (Read 4888 times)