The idea that "miners don't rule BTC" is embedding a libertarian assumption that (can) fail in the real world. Let's examine the idea and why it usually holds but can fail under attack.https://twitter.com/sthenc/status/1172039663327952896 …
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Western governments have been acting against their own interests for a very long time because no one owns them and they're controlled by constantly shifting hidden internal coalitions so no one cares about maximizing the PV of the enterprise
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China seems to not act this way and actually respects property rights more strongly than the US Stark example in a photograph - in the US there's the Kelo decision in China this guy didn't want to sell his house when they wanted to build a highwaypic.twitter.com/7naZNFEOca
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