This clip shows the issues with language at times.
Because in the conventional public vs. private choices, Bitcoin would be considered private but not private in the sense of a company, corporation, or centralized entity having total control over it.
I wouldn't say that Bitcoin is democratic since Democracy means one say one vote but since not everyone runs a node, mines, or owns a Bitcoin they don't get to "vote" on Bitcoin.
They can give their feedback on network consensus but until they run code on their hardware they aren't voting.
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