The issue is governance. Who controls the protocol? Who cha…
The issue is governance.
Who controls the protocol? Who changes the rules? Who coordinates policy? Who benefits from those changes?
BTC’s great trick was pretending governance vanished because everyone agreed not to look at it.
A marvellous political theory, really: close your eyes, clap for commodities, and hope the law gets bored.
Written by S. Tominaga