The state, absolutely

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medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a
twitter.com/BitMEXResearch/status/1118845900955242496
twitter.com/AnonBabble

looks like nano is the only solution right now lol

yea it's almost like as you use something more and more you realize its limitations

> Big blocks your path with patents
kek I don't think so

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And here's what really happened, faggot.

medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a

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>he doesn't even know what he doesn't know

Lol, if you think bitcoin maximalists do not care about payments you are really deluded.
The #1 goal these recent years have been to increase payment throughput by 10x, 100x, 1000x orders of magnitude or more.

You right. The moon lambo retards wont stop the actual development going on so I wouldnt worry about it too much.

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>Bitcoin niggers try to increase throughput by 10x via lightning
>Still haven't done it
>Bitcoin cash and Sv do it by just increasing the blocksize

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People complain that csw sounds arrogant and like narcissist prick (wich I actually agree with).
But magine dealing with anarcho capitalist manchildren 24/7. Imagine sitting with soiboiii devs that refuse to understand how law and economics work. You will be pretty pissed off and drained most of the time trying to differentiate privacy and anonimity to some dudes that want to hide in the shadows to buy CP and drugs. They are toxic as Jews that run the fed.
But none of that matters, Twitter and PoSM doesn't matter, binance doesn't matter . What matters is all the projects that have been made ( in less than a year) such as bitsagram, Moneybutton, unwriters apps (more than 5), handcash, svcharts, flowsv, and also 2GB blocks coming in July .
>Inb4 muh reorg blovks
Fuck off if you are a miner that can't verify blocks fast , get fucked and die. Another investors will come, thats capitalism . If you want to cash 600k in fees in a couple of years , get ready to innovate and be the BEST.
S T I F F

T

I

F

F

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OMG...

I fucking LOVE Biz memes.

Biz is soooo fucking based lol. Craig = le god.

We need to meme him into emperor status lol, how frickin based would that be guys?

It's like... he's just as based as Trump and MoonMan. I think its because he's so sassy and non-sequitorious.

This is TOTALLY the next, most epic and righteous BASED meme.... get this:

He's on the internet...

He's contrarian to what seems reasonable and admirable...

Controversial...

Quite silly and ironic...

But actually a super fun and great guy.

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Listen men , we GET IT. You like big cocks and Jews . Go back to your "thing"

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lol, double triggered by dem digits

did you make this?
it's pathetic, but not as pathetic as 0.0101 soon to be 0.009

Wasted digits you mean.

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This image is quite possibly the most accurate distillation of the last 10 years of crypto history. Unironically.
Fuck all of the enemies of Satoshi's vision. We will not forgive and we will not forget.

i think it was "0.009 soon" yesterday too, guess it's not happening THAT soon

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I like how the thought leaders at blockstream are willing to be retarded in public. By the time BTC falls to zero BCH won't want to take the ticker over because it'll sttand for retardation.

Spot on. Bitcoin was a mistake.

Alt Coins will take it from here. Bitcoin can go to $0 for all I care.

Okay man. Enjoy the view.

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It's going to feel so good when the ratio hits 1:1 and the house of cards collapses in a single night.

Technically the unbanked could use any alt instead of BTC. The real miracle of crypto is the ability to make an account on any exchange with nothing but an internet connection and trade between things that have real unconfiscatable value. Once their stack is large enough to make BTC worth it they can easily move to BTC.

checked

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>implying
Everyone here is a poorfag that will stay poor forever.

>Fuck off if you are a miner that can't verify blocks fast , get fucked and die. Another investors will come, thats capitalism
twitter.com/BitMEXResearch/status/1118845900955242496

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Based

GIGABYTE BLOCKS FOR MY GIGABYTE COCK

>be your ~cum bank~
no thanks

did u have a vasectomy?
that's kinda cringe bluepilled bro

>the unbanked

Nobody in crypto-using nations gives a shit about African hut dwellers and Ganges bathing and pooping pajeets.

This. The problem is they don't have any money not that they're "unbanked" lol. If they had money they'd find a bank that wanted to take their money.

Based and stiffed

This is a good article for many reasons. It made me realize that none of these cryptos have any idea wtf they're gonna do when inflation hits the cap. Nobody is gonna pay the block reward in fees, it makes literally no sense

Implying anybody in Zimbabwe will trust a bank with their 100000% yearly inflation Zimbabwean dollarydoos

With a large network and more expensive BTC it makes perfect sense that miners will be able to earn a profit from fees.

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Why are the wojacks pants undone

No it doesnt, nobody is going to pay $500 in fees to send $1000. It would only work if transactions on the network never go below $10k in value or so, but then nobody would use it

Didn't you read the OP? Bitcoin will be for interbank settlement. All transactions will be over a million dollars. You won't even buy a house on the main chain. Having your own lightning wallet will be for the mega rich.

kek core tards BTFO. Bitcoin failed miserably and the blame goes to the retarded maximalists

C*recucks will just say this is fine, poorfags should be able to use the blockchain.

Dubs confirm.
FREE and INSTANTANEOUS transactions
Cant find it anywhere else.

Corecucks aren't trying to improve on its limitations though. Their argument isn't that this is a technical compromise, its that this is how crypto should be.

Just to let you guys know, Monero actually has a sane, consistent vision and takes a rational approach to achieving it. The superiority of this approach will become evident over time but smart people are accumulating now.

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Bro, lightning network is gonna save BTC

lightning is trash compared to Ethereum with sharding

I was being sarcastic man

when will you guys realize nobody gives a fuck about your little dumb ancap philosophies and politics? people just want to make a profit and skip town

Everyone came to this realization in 2017. You're either a dishonest pump and dumper or a fucking retard, no other option at this point.

Its trash compared to literally anything.

The best solution for bitcoin scaling is to simply trade wallets using a faster blockchain on a dex. Imagine having a bunch of BTC wallets with exactly 0.1 and 0.01 in them and then being able to buy them and sell them on a dex using ETH or EOS or Nano or TRX.

Scaling solved fuck faces

I pretend I am an artist instead of telling people I trade internet meme coins because the entire community outside of development is pretty embarrassing desu.

scaling by using another crypto to scale

????

this idea is worse than big blockers

People have been doing this for years
manually

Its almost as if there is a project out there that could help BTC achieve the perfect form it should have. Gee, I wonder what it could be...

Satoshi says in the white paper there will need to be a layer two solution to facilitate p2p payments as the network grew. I think you guys forget BTC was essentially released in alpha and gained exposure much more quickly than Satoshi was expecting or wanted because of wikileaks, and he soon after died.

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DING DING DING
Blockstream was NOT that solution though

HAHAHAHAHAHAAHAHAHHAHAHAHAHAHAHAHAHAHHHHHHHHHHHHHHHAHAHAHAHAHAHA
LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL

>Satoshi says in the white paper there will need to be a layer two solution to facilitate p2p payments
The sad part is retards will believe this post because almost none of Jow Forums has read it and they all hold btc.

OH NO NO NO
YOU FUCKING PAJEET NOOOOOOOOOO
>
NOOOO
HAHAHHAHAHAHA

THIS. Where exactly is this line in the white paper?

Want some other quotes that contradict core cucks?

> Businesses that receive frequent payments will probably still want to run their own nodes

Huh weird, that doesn't sound like full nodes on every raspberry pi.

> The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions,

Hmm, you mean we want to introduce cheap small casual transactions?

> What is needed is an electronic payment system ... allowing any two willing parties to transact directly with each other without the need for a trusted third party

>People have been doing this for years
>manually

Seriously lol
The lightning network is a massive fucking UX design catastrophe meanwhile the problem has been solved using other coins for years LMAO

People fucking arguing otherwise are massive cope faggots with zero arguments.

I want BTC cucks to loose money

Please jemmmed the btc's blockchain at next halvening

That would be detrimental to the crypto though

>THIS. Where exactly is this line in the white paper?
maybe he is getting confused with satoshi's post essentially saying the same thing on bitcoin talk

What's wrong with it being a store of value? Spending it would kill the price. Pick some other shitcoin for that.

>Bitcoin was built to be a p2p transaction protocol that would rival banks
>absolutely fails
>btc bagholders -aka (you)-: just use btc as a store of value, let other shitcoins do what btc was intended for
>other shitcoins
>other
>shitcoins
>doing what btc was intended for
>btc is not a shitcoin tho
How is the btc cuck delusion not apparent to you people?

Have fun with your shitcoins. Eventually you’ll learn.

>I want BTC cucks to loose money

They do, when BTC goes up a little alts go up a fucking lot more.

You forgot the endless shitcoins being shilled daily. See: chainstink

Please enlighten us oh mighty btc bagholder

Fuck Verge. Exactly where it belongs.

I have zero monero and I agree with you. It's a decent hold.

>maybe he is getting confused with satoshi's post essentially saying the same thing on bitcoin talk
The sad part is retards will believe this post because almost none of Jow Forums has read any of Satoshi's posts and they all hold btc.

Cope. Use your fucking brain dude.

>Spending it would kill the price.

So how are you going to "store value" for later to buy resources? Im not even specifically talking about cashing out to fiat. If you have an emergency how can you get your money out with a broken network? Especially if everyone else is trying to get in or out.

>buy a house with crypto
>exchange prices tank

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In 2017

Nice argument, I'm fearful now of the knowledge I'm missing out on

this guy is seriously retarded

You realize eventually core will raise the blocksize too, rendering the only selling point of your coin moot because we'll have what you have plus lightning

Blocks your path with instant transaction at the cost of a fraction of a cent. THIS IS NOW, TODAY!

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> you realize block stream will make their own product invalid by making the main net fast, cheap, and secure

Yeah, no.

I don't care about it rivaling banks I care that it appreciates to a high amount so when I trade shitcoins I get the most profits.

What?

That and they've convinced retards that hardforks are scary and they still require the miners to actually do it. The devs have nothing without hashpower.

The second bitcoin cash adoption threatens the real Bitcoin in any way you can guarantee the blocksize will get increased in core. This shit is a war and cashies will lose. There is nothing truly innovative about your fork

Crypto is doomed to fail because of brainletts like you

Corecucks still think in false dichotomies of BTC vs BCH. You should be concerned about alt-coins, not bitcoin forks.

When the market is hot, and over burdened by transactions, it becomes extremely difficult to spend your money. In other words, you can only withdraw or spend your "stored value" in a crunch if you pay enormous fees or get lucky.

Delusional. The cultural and intellectual baggage left over from the scaling war is real. There will be no blocksize increase on BTC even if fees skyrocket. They might throw in the towel and do an increase if either BCH or BSV gets within striking distance, but even that would be hard to push through at this rate.

Fpwp

I am concerned about alt coins more than btc forks, my whole point is that if it ever gets to where cash is even close to stealing significant market cap relative to bitcoin it can be crushed easily. I'm way more worried that eth with PoS or some mimblewimble coin or future unknown tech is going to defeat bitcoin, not retarded ass bitcoin cash

Dude outside of maybe a million crypto nerds on forums, nobody knows about this "intellectual baggage". It's not an issue

Well you are wrong. Ledger forks inherit a huge network effect.

Kek, you think there's millions of us? Maybe a few thousand at best.
Core turned itself into a priesthood and got high on their own supply of propaganda. They cannot easily renege on their hard doctrine without consequences. In any case it will be interesting to see what happens.

What consequences? The people that will propel crypto in the next bull will just buy an ETF or login to coinbase and hit the buy button. Nobody outside of a select group of nerds gives a shit about blocksize debate baggage or the precedent it set. It's a non issue

In order to hardfork for a larger block size BTC requires the hashpower for consensus. The same people mine BCH. Even without taking hashpower off of BCH to vote on BTC they could still block any consensus to raise the blocksize on BTC and if they did take some hashpower off of BCH to vote on BTC they definitely could block it.

This has got to be the dumbest thing I have ever heard. I'll sell you my wallet, it has 3 BTC on it. You give me 10 ETH. Sounds like a good deal, but when you give me 10 ETH and I give you the private key I still have the private key myself. So I'm just gonna move the BTC to a different address after the transaction and you're left with nothing.