Bitcoin Needs More Politics, Not Less

Jim Harper is a vice president at the Competitive Enterprise Institute. A former counsel to committees in both the US House of Representatives and the US Senate, he served as Global Policy Counsel for the Bitcoin Foundation in 2014.

In this opinion piece, Harper discusses the longstanding developer conflicts that have come to define bitcoin’s governance, arguing that just because there haven’t been any results yet, doesn’t mean there won’t be.

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Two years ago today, politics invaded the world of bitcoin development. It’s been non-stop controversy ever since.

But Gavin Andresen’s essay series, “Time to Roll Out Bigger Blocks,” didn’t introduce politics to bitcoin. And the cure for what ails its highly controversial development ecosystem isn’t getting rid of politics.

Bitcoin actually needs more and better politics. How bitcoin politics are practiced is up to the community, which might take some lessons from principles of good government.

When Andresen ‘went public’ with his arguments for bigger blocks, that was the result of political failings on all sides that long predated his writing.

Put simply, there are many competing visions for bitcoin’s optimal uses, its future, the risks it faces and how to manage them. While

Read more ... source: CoinDesk

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