Milly Bitcoin [ARCHIVE] on Nostr: 📅 Original date posted:2015-09-01 📝 Original message:> I would just like to ...
📅 Original date posted:2015-09-01
📝 Original message:> I would just like to labour the point that users pay to use the network,
> but they have no defined rights, anywhere.
That is an interesting point. That is a feature of Bitcoin, not a bug.
If the user did have rights to sue someone then the system would not
be decentralized. User rights = someone else has a liability for
violating those rights.
As it is now a user would have the right to sue all the miners, node
operators, and developers collectively. Of course that is not realistic
which is the way a decentralized system should be. If you want to try
to define specific entities that have liability then they must be in
control or otherwise they would not be liable.
Russ
Published at
2023-06-07 17:39:03Event JSON
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"content": "📅 Original date posted:2015-09-01\n📝 Original message:\u003e I would just like to labour the point that users pay to use the network,\n\u003e but they have no defined rights, anywhere.\n\nThat is an interesting point. That is a feature of Bitcoin, not a bug. \n If the user did have rights to sue someone then the system would not \nbe decentralized. User rights = someone else has a liability for \nviolating those rights.\n\nAs it is now a user would have the right to sue all the miners, node \noperators, and developers collectively. Of course that is not realistic \nwhich is the way a decentralized system should be. If you want to try \nto define specific entities that have liability then they must be in \ncontrol or otherwise they would not be liable.\n\nRuss",
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