[georgesC]

Bitcoin can change depending on the need of the users, assuming it's something accepted by them, which sounds fair to me.

As for the inflation/fiat it just seems to me that you keep ignoring the possibility of a failure of such system. A failure of such system would for sure have terrible consequences and the poor unlike the wealthier will have harder times. Investing the fiat is a good idea, not something remotely popular in my country alas. Here, saving mostly means saving money at the bank (which devalues over time). No wonder why they feel they're losing purchasing power. People who work shall earn wealth simply put, not diminished wealth if they don't learn about financial tricks from someone they trust.

[arcticbull]

> Bitcoin can change depending on the need of the users, assuming it's something accepted by them, which sounds fair to me.

No? In what way.

> As for the inflation/fiat it just seems to me that you keep ignoring the possibility of a failure of such system. A failure of such system would for sure have terrible consequences and the poor unlike the wealthier will have harder times.

A collapse in finance would affect the people who have money and value, that'd be the rich who'd be affected. It would not affect those who don't have money. Like inflation.

[georgesC]

The wealthier might lose more wealth overall (if we exclude the options they have to diversify and protect) but that doesn't mean it won't be harder for the poor. A poor by definition doesn't own much. They probably have no house, no easy way to eat, no way to transport if the system collapse and the merchants aren't interested in the little fiat they have. All in all I'm having a hard time to defend the idea that it would be harder for the wealthier to go through a collapse of the currency.

As for bitcoin, well, you can audit the commits on github if you want. There's plenty of things added lately. Miners or other entities like nodes can decide to fork the protocol into another chain (already happened, the protocol is then developed differently in those chains). Rules are subject to a consensus. Also if a user is not happy with a change, he's free to stop using it or to exchange his bitcoins for something else. All in all there's no reasons for participants to refuse modifying and improving the protocol over time.