They can't force everyone to run the code. Just like Segwit or Taproot. As I mentioned before, anyone can still make legacy transactions and they are valid even though effectively all the miners are running Taproot. Also the amount of Bitcoin an entity has doesn't scale linearly with how much control they have over the network.

Replies (2)

JackTheMimic's avatar
JackTheMimic 1 week ago
I am saying they can (if they have the current paradigm of majority hashpower) IGNORE all of the users who don't run the new version. Nodes who aren't corporate Miners and Exchanges don't matter. That's what we learned on Saturday. There is not enough decentralized hash power to even come close to competing with those five companies. And again, if you don't get on board with the Cartel, you'd have to switch to Ocean (unlikely with the current events) or another protocol that uses DATUM (who?). And I don't think any of these hashing warehouses are even close to ready to do something like that.
Based Truth's avatar
Based Truth 1 week ago
Miners are bought, code is compromised, and Bitcoin's decentralization is a facade maintained by the likes of Blockstream and Fidelity.