On Mon, Mar 17, 2014 at 10:12:20PM +0100, Amir Taaki wrote:
> the biggest mistake I see people making about Bitcoin is that somehow it
> is a fixed system with hard guarantees that will preserve its principles
> 100% against the will of the people participating in that system.
>
> against challenges or threats against bitcoin, people shrug, point and
> laugh or roll their eyes saying that "the 21 million limit is fixed" or
> saying it's opensource.
>
> some people see bitcoin like an unchangeable god that will bring
> paradise, when in fact it's a tool subject to the consensus of the
> people developing it. it will and does change.

How do you know Bitcoin is not a sentient being? I think we should give it
the benefit of the doubt, and assume we are dealing with a a sentient evolution
of money that depends on us for existance. I find it a very persuasive argument
that bitcoin is programming people to believe in it the same way the ancients
worshipped gods, or cats.

So those of us that do prefer to think for ourselves, rather than let our money
do our thinking have the choice of what God-currencies we spend, and whether we
treat them like slaves, or cultivate a mutually beneficial relationship.

So this is the thing.. Bitcoin is a consensus of it's users that 21 million
coins is the max money supply. If you don't like it, use something else, or
fork a copycatcoin, and cultivate something more to your liking.

At some point, someone will try and change the bitcoin consensus of max money,
and sentient or not, that change will be rather dramatically disruptive for
everyone involved.

-- 
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Troy Benjegerdes                 'da hozer'                  hozer@???
7 elements      earth::water::air::fire::mind::spirit::soul        grid.coop

      Never pick a fight with someone who buys ink by the barrel,
         nor try buy a hacker who makes money by the megahash