Fiat money is essentially proof-of-stake where the ones with most stake run the full nodes (banks) and everybody else runs SPV. Whatever changes to consensus (money supply) we just have to accept. Our choice is to hard fork this system and start a new currency.

Fiat money is essentially proof-of-stake where the ones with most stake run the full nodes (banks) and everybody else runs SPV. Whatever changes to consensus (money supply) we just have to accept. Our choice is to hard fork this system and start a new currency. submitted by /u/Bitcoin_21
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What should I do if my friend runs a Bitcoin business but doesn’t understand how it works?

My friend doesn’t listen to his head of engineering and doesn’t fully understand how decentralized consensus based systems like Bitcoin really work. He seems to think a new untested/buggy implementation with conflicting consensus rules can be made to work with the existing implementations that follow existing consensus rules.

What advice can I give to him?

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