61. Why bitcoin can’t be controlled by councils

<p class="p1">In today&rsquo;s seminar Saifedean talks to regular seminar attendees about the Bitcoin Mining Council: a recently formed group of North American bitcoin miners that aims to &ldquo;promote energy usage transparency [and] accelerate sustainability initiatives worldwide.&rdquo; They discuss why centralized attempts to alter bitcoin are unlikely to succeed without broad community consensus, what we can learn from the proposed SegWit2x software upgrade of 2017, and why the claims of some popular green energy initiatives are dubious.</p> <p class="p1"><strong>Related Texts:</strong></p> <p class="p2"><span class="s1">Article on establishment of Bitcoin Mining Council:&nbsp;<a href="https://www.newsbytesapp.com/news/business/musk-s-bitcoin-mining-council-promises-sustainability/story"><span class="s2">https://www.newsbytesapp.com/news/business/musk-s-bitcoin-mining-council-promises-sustainability/story</span></a></span></p> <p class="p2"><span class="s1">The Blocksize War by Jonathan Bier:&nbsp;<a href="https://blog.bitmex.com/the-blocksize-war-chapter-1-first-strike/"><span class="s2">https://blog.bitmex.com/the-blocksize-war-chapter-1-first-strike/</span></a></span></p>