I know that you all love Saylor right now, and he is advocating hard on BTC but let's not forget the leassons learned from Elon and generally that these people are ruthless and have their own agendas. This is my opinion on the subject and mostly a call to discussion.
Why should this meeting have been open to the public (not in terms of participation but of discussion/minutes)? Miners are after all for-profit private companies.
Because this directly affects and is related to the bitcoin network. It is against the open source and decentralised ethos of the project and sets a bad precedent. I believe that back room involvement of billionaires acting as regulators - with the public's blessing - is definitely a slippery slope and can only have a positive impact on the short to medium term price movement (if at all).
As a final note, members of the bitcoin industry, including major miners and developers were set to meet in California in June 2016. This was a closed door social event and in order to protect the ethos of the project the following statement was issued:
Participants recognize that because bitcoin consensus rules are decided by the users based on the software the choose to run, so proposed changes must be discussed in public with input from the whole bitcoin community. For these reasons, there will be no agreements or roundtable consensus coming out this event.
While the recent closed door meeting is indeed of different nature, having two billionaire Twitter manipulators in the middle of it begs a lot of questions and is problematic. Don't forget, miners get to influence devs and vice versa.
What are your thoughts?
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