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RE: The Battle And Future Of Bitcoin In Jeopardy
Come on Jeff, I've been a follower for a long time and you're better than this pump and dump nonsense. You're also smart enough to know that a block-size increase is a temporary solution that isn't scaleable.
Core's Bitcoin will smash the banks, and the only scaleable way to do that is with additional layers. Take the politics and conspiracy theories out of it, it's a matter of technical fact. The financial world can't run with every micro-transaction being logged to a blockchain.
Satoshi's vision was also for privacy, the Core roadmap is more inline with this than is BCH's... who is supported by that stoolie Garzik and his analytics machine.
Yup, its sad really.
Whatever, BCH has eased the critical capacity problem, whereas BTC has not yet.
Jeff has missed the forest for one uprooted, gaudy tinsel draped tree.
BCH is centralized as fuck. Jihan Wu is sketchy as fuck. He
operatesmanipulates mining out of communist China. You think he is a truly independent actor? That BCH is censorship resistant?MIcropayments will never scale on-chain - you don’t have to be a mathematician to grasp that.
Jeff has swallowed one too many conspiracy pills and is now constipated as fuck. Let’s hope it isn’t terminal. JB’s credibility was iffy at best, and it’s down the tubes now.
Someone please post evidence that some globalist has control over Blockstream, and that Blockstream has control over the loose knit open source meritocracy that is ‘Core’.
I'm curious why can't micropayments scale on chain? Because the network will grow too fast and everybody won't be able to run a full node?
Genuinely want to know.
Because even if Bitcoin simply replaced fiat in like form, and not doing anything advanced beyond that, we'd be looking at blocks in the terrabytes.... which leads to a chain in the exabytes and beyond.
Nailed it.