Post by Bitcoin Dictionary

Bitcoin does not have a king.

That was rather the point.

Yet those who proclaim decentralisation most loudly seem perpetually desperate to find a sovereign. They want Satoshi returned, seated upon a throne, and required to tell them which rules to follow, which changes to approve, and what Bitcoin is permitted to become.

It is the same impulse directed at John Galt in Atlas Shrugged. The system has failed, the institutions have exhausted themselves, and those responsible demand that the one person who refused their authority return and provide the answers.

They do not want freedom. They want a superior ruler who agrees with them.

But Satoshi’s answer is already there.

The protocol was released. The rules were established. The design was set in stone so that neither its creator nor any later committee could become sovereign over it.

Bitcoin requires no king because it was designed to make kings unnecessary.

You are free to build upon it, compete through it, and create whatever you can imagine. What you are not entitled to do is seize the foundation, rewrite the rules, and call your authority decentralisation.

They keep asking, “Who is Satoshi, and what would he tell us to do?”

The better question is why they need anyone to tell them at all.

John Galt refused to govern men who would not govern themselves.

Satoshi left a protocol that did not require him to return.