How does that fix the problem of not being Democratic and setting up a dictatorship of the bitcoin proletariat?
And am i to understand that 26 ish votes out of the those that were made members by this statement:
There is no democratic way to kick something like this off so I am just going to be autocratic about it. I'm defining myself judge, jury and executioner (with the valuable input of those who have been interacting with me of course!) with the power to appoint the initial members. These initial members will then proceed to invite new members.
Picking a president...is democratic?
that's a farce.
I'm not even going to begin explaining how absolutely retarded 'voting' is when it comes to an open source project that anyone can freely contribute towards or fork. On top of that, the way BU does this, where the 'voting' is done by existing members, is not even slightly democratic. Lets pretend Core wanted to do this.
Lets use an analogy,
Lets say Core wanted to become 'democratic'.
So how it works is just like BU, where existing members 'vote in' new members.
So to start things off, Wladimir decides to hand pick the first few people, just like BU did.
So he picks gmaxwell, luke-jr and all other blockstream employees.
In order for anyone else to join the team, they need to be voted in by existing members, so nobody who opposes blockstream will ever get voted in.
Clearly this is very fair and democratic.
Ultimately, the original leaders are the ones who are always in power, as they will never choose people that oppose them, and those people will never choose people that oppose them etc etc. It is not democratic at all.