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    Author Topic: No, the Linux Kernel is not like Bitcoin nor its network. Sorry.  (Read 4592 times)
    Atlas (OP)
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    September 27, 2012, 08:37:59 PM
    Last edit: September 28, 2012, 03:29:21 AM by Atlas
     #1

    Would you trust Linus Torvalds and his team with a say over your bank account?

    Would you allow them to hand your money over to the government?

    The Linux Kernel is a cold piece of software. It's a single product out of many. If people don't like it, they can leave it and choose another.

    Bitcoin is different. It represents the work, labor and wealth of many people. If people don't like it, they can't easily leave it. If it's changed, the consequences can be enormous. It isn't a pet project at this point. It isn't a toy. It's over $125 million in wealth.

    Torvalds may own Linux. Gavin Andresen does not own Bitcoin. Sorry. We own it. It is ours. This includes the Bitcoin protocol.

    To leave the Bitcoin currrency and its network in the hands of a single developer, a single legal entity -- this is bound for corruption due to the power it can have over wealth.

    Let's be very careful with how we use the term "Bitcoin Development". It does not rest in a single team. It rests in whoever values Bitcoin through whatever ends they choose.

    Let's not entrust Bitcoin with one organization. Nobody deserves that honor. Nobody deserves that trust because all humans inevitably fail. We shouldn't take the fall for the actions of one organization. Instead, if one organization fails, others should be able to overthrow the damage it has done and take its place with little legal and protocol interference.

    Say no to a planned Bitcoin.
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