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Author Topic: Bitcoin governance sucks!  (Read 2221 times)
Juggy777
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December 07, 2016, 07:40:27 AM
 #21

Op you have completely misunderstood the concept of Bitcoin. It was made decentralised for a reason so to help people and prevent it from being controlled. Which ceo will actually benefit us. Until you are planning to become one, look if we wanted to use a centralized system, we won't be here. As far the fighting that yes, there won't be any end to it. Even having a centralized system and a ceo won't solve it. Your idea is against Bitcoin and it's philosophy.
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December 07, 2016, 08:46:36 AM
 #22

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network.  People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit.  This is a damn mess.  We need a CEO and management to direct efforts and align them to reach a goal. 

Is it the case there can be no noble CEO?  I don't buy that theory.

And having a CEO makes things better? Obviously not, So what if they were fighting on reddit? None of them can even handle bitcoin because again obviously no one can control bitcoin(every users control's their own amount of bitcoins) Let them fight anyways it won't make things better or worse(their opinion would always be their opinion)
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December 07, 2016, 08:52:48 AM
 #23

Bitcoin doesn't need a CEO... That's a gateway to ruining things.
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December 07, 2016, 08:53:12 AM
 #24

Bitcoin don't need any governance because even though governance is not involved many people happy with it and saving their money for their future need. Bitcoin is one of the best digital revolution currency many people are waiting for it to change the world which is decentralized between people itself. If you don't like it than just don't use it.
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December 07, 2016, 09:14:40 AM
 #25

This is a damn mess.  We need a CEO and management to direct efforts and align them to reach a goal. 

Is it the case there can be no noble CEO?  I don't buy that theory.
If there will be CEO, there will be more mess than the mess you are talking about bitcoin have right now.
CEO, Company, Firm behind any coin have never done good, for example look at how ETH is messed up right now and also look how CEO of Ethereum foundation dumped his holding to have world tour.  Grin

 
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December 07, 2016, 09:39:15 AM
 #26

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network.  People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit.  This is a damn mess.  We need a CEO and management to direct efforts and align them to reach a goal. 

Is it the case there can be no noble CEO?  I don't buy that theory.

I don't think so as so many of us here attracted to bitcoin due to its been centralized since Mr.Satoshi invented bitcoin, why do we need a CEO, there's no point which we could choose and induct one even they fight each other. Nobody really control bitcoin and that's how it works until the end of its time, we need to compromise not CEO.
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December 07, 2016, 05:27:08 PM
 #27

The fact that they are bickering like little school children are signs of a healthy system. It gets nasty some times, and there a big bucks on the line

for the victor... but in the end... their blood, sweat and tears will not be worth shit, if the majority do not reach consensus. Just imagine that you

have spend years investing time into a project and then when you submit the fruit of your labour, it gets shot down by the majority. Let's hope

this ends soon. 

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December 07, 2016, 07:30:27 PM
 #28

Indeed, it has been said that bitcoin is the worst form of currency, except all those other currencies that have been tried from time to time.
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December 07, 2016, 07:44:29 PM
 #29

the core theme of bitcoin was a decentralized system so its fine working as it should be. it doesnt need any ceo or controlling authority
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December 07, 2016, 11:31:51 PM
 #30

Bitcoin designed to be annoymous and to be not centralize and satoshi made this coin because centralize money sucks. Government always  interfere it because of monry can manipulate things and specially to those who are greedy of money in the government.  Undecided
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December 08, 2016, 12:31:17 AM
 #31

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network.  People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit.  This is a damn mess.  We need a CEO and management to direct efforts and align them to reach a goal.  

Is it the case there can be no noble CEO?  I don't buy that theory.

I don't think so as so many of us here attracted to bitcoin due to its been centralized since Mr.Satoshi invented bitcoin, why do we need a CEO, there's no point which we could choose and induct one even they fight each other. Nobody really control bitcoin and that's how it works until the end of its time, we need to compromise not CEO.

We need a CEO because Bitcoin doesn't scale today and for the last two years people have been trying to reach a very easy solution (change to 8MB blocksize limit) yet nobody will agree to anything.  Two years of pissing around is called an impasse.  With a CEO, they would have chose something.  Even if they chose the worst of two paths, it would have been better than not making a choice.

Today, we have 30,000 stuck transactions, impossibly long wait times, high fees and we are no closer to making a scaling choice.  Finally, good companies spending millions of dollars ($132 million) building very cool bitcoin supporting tools, are giving up and moving on to other things.  i.e. Circle.  

Core/Blockstream fucked Bitcoin by crippling it so they could introduce their proprietary 'off chain' scaling solution, for a fee of course.

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December 08, 2016, 02:11:01 AM
 #32

There is no need of a CEO or a controlling authority. If CEO is assigned and a working management is created for its functioning sure the price movement gets controlled by the authority and not based upon the users and the circulating capital.

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December 08, 2016, 07:21:29 AM
Last edit: December 08, 2016, 08:33:00 AM by deisik
 #33

We need a CEO because Bitcoin doesn't scale today and for the last two years people have been trying to reach a very easy solution (change to 8MB blocksize limit) yet nobody will agree to anything.  Two years of pissing around is called an impasse.  With a CEO, they would have chose something.  Even if they chose the worst of two paths, it would have been better than not making a choice.

Today, we have 30,000 stuck transactions, impossibly long wait times, high fees and we are no closer to making a scaling choice.  Finally, good companies spending millions of dollars ($132 million) building very cool bitcoin supporting tools, are giving up and moving on to other things.  i.e. Circle. 

Core/Blockstream fucked Bitcoin by crippling it so they could introduce their proprietary 'off chain' scaling solution, for a fee of course.

But what could it change?

Accepting or rejecting an update to Bitcoin would still be a prerogative of miners and to be accepted such an update would still need consensus, i.e. 95% of miners agreeing, not developers, right? But miners most likely would be even more opposed to that idea that would make them yet more unwilling to accept further changes to Bitcoin, despite more robust and straightforward development of updates in case some CEO takes over Bitcoin development

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December 08, 2016, 07:37:07 AM
 #34

If Bitcoin has a CEO, it will die.
I have no respect for you guys, who joined the Bitcoin community, with the only reason to intrigue, disrupt and force stupid changes. You shouldn't be here in the first place if you don't like, what you have once joined.
Go and create whatever shitcoin you want, with a blocksize of your own fouly centralized taste and leave Bitcoin alone already!

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December 08, 2016, 08:30:26 AM
 #35

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network.  People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit.  This is a damn mess.  We need a CEO and management to direct efforts and align them to reach a goal. 

Is it the case there can be no noble CEO?  I don't buy that theory.

As human beings and not sheeps to follow others is the flock we don't need any shepherd. Under this reasoning people other times they agree and others not. If I want a skillful CEO I will transfer all of my funds in a bank and I will trust the bank manager. I prefer bitcoin because I don't trust neither banks nor their managers.
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December 08, 2016, 01:57:22 PM
 #36

we love decentralization, we love freedom we don't need anyone to control our currency and we don't want to be controlled, that is why we join bitcoin and crypto currencies world, if we want some CEO or any ruler to control the currency i will just used fiat, maybe you hate this kind of currency but we love bitcoin, if you hate it just simply don't used it


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December 08, 2016, 02:10:03 PM
 #37

We can agree to disagree or agree but I don't want to have a central ceo or body to govern how bitcoin will work ,if they control bitcoin then people will look for another coin for better decentralization.

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December 08, 2016, 02:32:00 PM
 #38

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network.  People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit.  This is a damn mess.  We need a CEO and management to direct efforts and align them to reach a goal. 

Is it the case there can be no noble CEO?  I don't buy that theory.

If you don't like it, there is a trivial answer:
1. Fork the code - call it CEOCoin or BitcoinCEO
2. Fork the block chain 1000 blocks from now for example
3. Convince some miners and users that your fork is better

Instead of complaining here and doing nothing about it, you'll have empirical evidence as to the number of people that agree that bitcoin "needs a CEO".

[ And 1 and 2 are trivially easy to do, btw. ]

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December 08, 2016, 03:51:41 PM
 #39

I don't see any problem in current system and no need for centralization and governance. That would change the very esence of Bitcoin. Some CEO and similar stuff isn't needed. Bitcoin was created with aim to avoid any centralized governmental system and it's doing well.

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December 08, 2016, 09:48:13 PM
 #40

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network.  People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit.  This is a damn mess.  We need a CEO and management to direct efforts and align them to reach a goal.  

Is it the case there can be no noble CEO?  I don't buy that theory.

No it isn't, that is how the system works.
Go back and learn why Satoshi designed Bitcoin this way.

If you want a CEO, go to Paypal.

Yes exactly ! What the hell is this guy even going on about ? CEO ?? Do you know what a CEO is ?
The remarkable new system is already here and who exactly do you refer to when you say we are not working constructively and together ?
Mess ?? What mess ? What are you even on about ?

 
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