Well, they do have the money, I mean, they get paid regardless if people like it or not. But good to know it's not easy to infiltrate. They tried it with Bitcoin, by buying a lot and then deleting it, but that is a totally different blockchain. But that it is still possible concerns me, but good that it's not easy.
To explain my question in more details. Well, the government is never ready to give up its power, and they are now already fighting Bitcoin because it's becoming a threat for the banks, and for paying taxes because it's anonymous. But with Steemit, the creators can do a Fork or whatever it's called, and change the nature of the system. So my question was, can the government intervene like they are trying to do with Bitcoin, and bribe or threaten the creators of Steemit to change the rules in the Governments favor. Or is there no danger of that happening.
thanks @broken.akay for the explanation. now i understand about your question.
The goverments will never be able to change the steemit rules in their favor. Blockchain is democracy, and "a fork" can be held after voting (ah i mean winesses).
If the government makes posting illegal tomorrow, Steemit will be illegal, so it will stop its existence. That is pretty extreme I know, but because its a democracy, doesn't mean it can't be influenced. But I see what you mean, yeah.
View this answer on Musing.io
Well, they do have the money, I mean, they get paid regardless if people like it or not. But good to know it's not easy to infiltrate. They tried it with Bitcoin, by buying a lot and then deleting it, but that is a totally different blockchain. But that it is still possible concerns me, but good that it's not easy.
View this answer on Musing.io
To explain my question in more details. Well, the government is never ready to give up its power, and they are now already fighting Bitcoin because it's becoming a threat for the banks, and for paying taxes because it's anonymous. But with Steemit, the creators can do a Fork or whatever it's called, and change the nature of the system. So my question was, can the government intervene like they are trying to do with Bitcoin, and bribe or threaten the creators of Steemit to change the rules in the Governments favor. Or is there no danger of that happening.
thanks @broken.akay for the explanation. now i understand about your question.
The goverments will never be able to change the steemit rules in their favor. Blockchain is democracy, and "a fork" can be held after voting (ah i mean winesses).
If the government makes posting illegal tomorrow, Steemit will be illegal, so it will stop its existence. That is pretty extreme I know, but because its a democracy, doesn't mean it can't be influenced. But I see what you mean, yeah.