📅 Original date posted:2015-06-28
📝 Original message:I don't think that rights are a pillar of how bitcoin works - rather I
would say it's a matter of aligned incentives. The fact is that the
majority technically *can* dictate through PoW and acceptance. The only
reason that the majority would not chose this path is because there is
greater economic value in consensus, whether perceived or realized.
If bitcoin were about "doing the right thing" there wouldn't be a need for
PoW since no individual would be incentivized to double spend.
On Sun, Jun 28, 2015 at 11:05 AM, Jorge Timón <jtimon at jtimon.cc> wrote:
> On Sun, Jun 28, 2015 at 3:51 PM, Ivan Brightly <ibrightly at gmail.com>
> wrote:
> > On Sun, Jun 28, 2015 at 8:13 AM, Jorge Timón <jtimon at jtimon.cc> wrote:
> >>
> >>
> >> No, this is very important. The majority has no right to dictate on
> >> the minority.
> >
> >
> > While an interesting philosophical question, I don't think that this is
> > accurate. First off, bitcoin doesn't imbue any 'rights' on individuals
> - it
> > provides the choice of participating or not, nothing more.
>
> I think you're not contradicting me: ff there's not rights built into
> the system, the majority has no "right to dictate" anything.
>
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Ivan Brightly [ARCHIVE] /
npub1hn…4p3n4
2023-06-07 15:40:41
in reply to nevent1q…zfla
Author Public Key
npub1hn9vjtvdlnllrltesscgtnplu0ev2sreey03kjh3k07zmvd9zgus24p3n4Published at
2023-06-07 15:40:41Event JSON
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"content": "📅 Original date posted:2015-06-28\n📝 Original message:I don't think that rights are a pillar of how bitcoin works - rather I\nwould say it's a matter of aligned incentives. The fact is that the\nmajority technically *can* dictate through PoW and acceptance. The only\nreason that the majority would not chose this path is because there is\ngreater economic value in consensus, whether perceived or realized.\n\nIf bitcoin were about \"doing the right thing\" there wouldn't be a need for\nPoW since no individual would be incentivized to double spend.\n\nOn Sun, Jun 28, 2015 at 11:05 AM, Jorge Timón \u003cjtimon at jtimon.cc\u003e wrote:\n\n\u003e On Sun, Jun 28, 2015 at 3:51 PM, Ivan Brightly \u003cibrightly at gmail.com\u003e\n\u003e wrote:\n\u003e \u003e On Sun, Jun 28, 2015 at 8:13 AM, Jorge Timón \u003cjtimon at jtimon.cc\u003e wrote:\n\u003e \u003e\u003e\n\u003e \u003e\u003e\n\u003e \u003e\u003e No, this is very important. The majority has no right to dictate on\n\u003e \u003e\u003e the minority.\n\u003e \u003e\n\u003e \u003e\n\u003e \u003e While an interesting philosophical question, I don't think that this is\n\u003e \u003e accurate. First off, bitcoin doesn't imbue any 'rights' on individuals\n\u003e - it\n\u003e \u003e provides the choice of participating or not, nothing more.\n\u003e\n\u003e I think you're not contradicting me: ff there's not rights built into\n\u003e the system, the majority has no \"right to dictate\" anything.\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150628/a57d5395/attachment.html\u003e",
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