The Risks of Benevolent Dictatorship in Bitcoin – Bitcoints

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Published on September 14th, 2015 | by bitcoin

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The Risks of Benevolent Dictatorship in Bitcoin

Blockstream co-founder and President Adam Back is one such person, and he shared some of his views on the subject during a recent interview with Epicenter Bitcoin.
There’s also the issue of the immense amount of pressure facing any individual who decides to take on the role of benevolent dictator.
Back described this dynamic during his appearance on Epicenter Bitcoin:
“I think the danger with Bitcoin is that there’s a lot of other people’s money at stake, right?
Wladimir J. van der Laan is technically the lead maintainer of Bitcoin Core, but he is not willing to act as benevolent dictator at this time.
Unless the mining industry changes their minds and begins to support Bitcoin XT, it appears that there won’t be any benevolent dictators of Bitcoin in the near future.

Source: News.google.com

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