07-07-2017 09:00 via cryptoinsider.com

Antonopoulos: ‘Bitcoin Isn’t a Democracy’

Bitcoin is sometimes thought of as a new, more-democratic form of money that is controlled by the general public, but this point of view may miss the point of the decentralized, peer-to-peer digital cash system.During a recent talk at a Bitcoin meetup in Sydney, Australia, Mastering Bitcoin author Andreas Antonopoulos was asked for his thoughts on whether Bitcoin could be considered a democracy. In his response, Antonopoulos shared his thoughts on democracy more generally, how Bitcoin does not f
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