[2017-03-30] Bitcoin Unlimited: The Dictatorship of the Bitcoin Proletariat

[LiteCoinGuy]

Bitcoin Unlimited: The Dictatorship of the Bitcoin Proletariat

BU is built on a framework that gives total power and authority to one person the President of it. It does not properly separate the duties and function of government in order to secure the users from tyranny from it. Rather it centralizes the power of governance over bitcoin and ensures that power can never be taken away from the Dictatorship of the Bitcoin Proletariat.

…in the end the “dictatorship of the proletariat” seemed to become rather exposed as simply the dictatorship of the regime.~John Nash, Ideal Money

https://medium.com/@rextar4444/the-dict ... 1e7cd87605