Sorry guys - this is definition just a bit too abstract for some....
I try to tell it better in a nice race-car story came into my mind with that. Try to find you in that story.
Some designer, sitting in his little house in a very quiet village, thought about an open race contest, to get some fun for all the few people in the neighborhood.
So he founded a 'racing company' with max 21 Mio shares, designed rules and also realized a flexible racing track, 1-2 cars to race on and some loge for the visitors that should be able to bet on the cars.
These people can only bet with parts of their shares and needed to be seated around the track. Seats were limited to 1 Mio for what reason ever...
The race was started every 10 min repeatedly, the people had to pass control gates to be seated always new into the limited betting-loges, place the bets (+fees) by throwing their shares onto the track, the cars had to collect as much as possible and the winner takes all fees and gets new 50 shares on top, than all betting shareholders have to exit and queue them again...
There is no rule on how the cars should look like, and first cars where just cheap as possible. First year there were only 2-3 friends, building up competitive teams, cars and stuff around, but mostly doing that race alone, mostly without any betting shareholders, mostly because it was fully unknown.
After some time more and more people joined that 'community', since it was good open fun and simple rules.
More and more racing teams appeared building better cars that were faster and could collect the bets faster.
And also the Chinese joined with 'infinitive' men power and energy resources...
The people came to watch from outside, to join (buy shares) & bet on the cars, trade the shares, helped to build new cars, improve the tracks. But finally it was clear that only a limited number of distinct racing teams could survive the material fight, and it is pretty much clear that you need at least 10-20 different teams to have a real race & bet condition, attracting more and more people. Who want's to watch just 3 cars ?
Only design issue still: The limited seats for the inner circle to bet on the race.
Who should be in charge to change things here? Who sits in the old design office (having no own team in the race anymore)? Who has most at stake and risk their lives and cars on any decent but crappy change?
Where are you seated?
Most of us are simple share holders - no real race-team owners or track supporters, no REAL BITCOINERS, with lots to loose and hard to get out the game.
These full teams I try to define as the real users in charge. Not just a simple shareholder that can sell all his shares in a minute....
Glossary
This race picture should help to understand how bitcoin really works in terms of the game theory and who are the major gamers.
Designer is Satoshi
Race cars are the mining pool's hardware equipped with the chips as engines, fuel is electric power
Racing teams are mining pools or solo miners
Tracks are connection nodes and the lenght of the tracks are auto-adjusted to have average time of 10min race periods
Transactions are the bets thrown on the tracks, collected by the cars by proof of work
Bets are done by placing shares + fees nominated all in bitcoin
The VIP lounges are the bet blocks, controlled by gates to a max limit of betters
The history of the victory incl the bets is the blockchain held by the track owner
Potential betters have to be share owners, bitcoin owner, consumers of the show
Have I missed sth?
Does this make sense for beginners how bitcoin works having no tech interests?
To me that picture helps a lot to see that also the big race teams have no real interest of doing the race allone!
There is inherent repulsion power to have shared the powers equally distributed, or the game collapses fastly.
Very intersting to me would be a value picture, where everybody could see, how the investmenst are distributed through the participants. That would show, where the decision power is located finally.
