Gavin Andresen - 2013-02-01 20:41:44

Gavin kind of struggled when he had to respond to the "bitcoin is not democratic" argument.

Yeah-- "democratic" is such a loaded word. Everybody loves democracy, so I didn't want to bash it.

But democracy can be terrible if you're in the minority and the majority decides to trample on your rights.

I probably should have just said "Bitcoin is a lot more democratic than the system we currently have, where a handful of unelected central bankers control our money."