Evidently, a requirement for becoming a CEO at a Bitcoin exchange or payments company is to believe that your company has no power and works entirely at the discretion of the miners. I try once again to correct this myth.
I make the case that Bitcoin users have just as much of a say, or more, than all the miners combined. They wield this power through exchanges, and the exchanges need to live up to their responsibilities.
Emin Gün Sirer
Hacker and professor at Cornell, with interests that span distributed
systems, OSes and networking. Current projects include HyperDex, OpenReplica
and the Nexus OS. more...