If Bitcoin's security comes to be based on bureaucrats rather than protocol, it will no longer be a seamless global system.
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Replying to @NickSzabo4
If Bitcoin comes to depend on bureaucrats rather than protocol, you might as well use Visa. They know how to do that far better.
7 replies 89 retweets 100 likes -
Replying to @NickSzabo4
@NickSzabo4 I understand that you're joking. But realistically most bitcoiners would simply move on to other cryptocurrencies.1 reply 0 retweets 2 likes
Replying to @PunkrockBtC
@PunkrockBtC Operating under the limits of 140 chars. You are correct that there would still be some secure alts, much preferable to XT.
2:46 PM - 22 Aug 2015
0 replies
1 retweet
1 like
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