Until quantum works which is days away fggt
Shut the fuck you stupid piece of shit you dont deserve one second of anyone's attention .........hurr durr bitcoin will win against quantum
Fggt
Kys
Plz
Until quantum works which is days away fggt
Shut the fuck you stupid piece of shit you dont deserve one second of anyone's attention .........hurr durr bitcoin will win against quantum
Fggt
Kys
Plz
BTC was hijacked by idiots like you.
You can't have a store of value without a medium of exchange.
You can't tell users to fuck off and expect to sustain high growth.
>If anyone tells you they have a decentralized, scalable blockchain, they are lying.
Maybe, but it sounds strange to me that Satoshi would lie about this
Because that will be the new meme if Wright is proven to be who he says he is, “satoshi was always a liar, time to move beyond listening to him!”
>He doesnt know about BTC sv
Bitcoin was not envisioned to be like cash in those aspects. It is not issued by single entity like a bank or government that can manipulate the supply to fund or encourage certain agendas. Bitcoin is not private either. In fact the entire point is for it to be a transparent ledger and source of trust. This is what differentiated bitcoin from fiat in the whitepaper. But even so, the "original vision" of the creator has no baring on the value of the creation, the value of an asset is determined by supply and demand. And the reason people buy bitcoin now is because its the most secure asset in the world.
There are dozens of way to exchange bitcoin. With varying degrees of security, speed, and centralization. And the available medians for exchange are getting more and more decentralized with greater scale. But in the end the underlying asset will still be bitcoin. The bitcoin blockchain itself will always be more valuable when optimized for security and decentralization over scale.
This guy knows what's up
Google IBM Watson
Get your head out of your ass stupid pokemon coins will crash soon.
"Muh fucking store of value". The only reason it has still value is because there isn't a better scalable blockchain that is as secure as Bitcoin. 10 mins transaction is the cost of it, but at least it's literally the most secure crypto ever for over 10 years now. As soon as a better more scalable crypto comes along(while still maintaining the security of Bitcoin), then suddenly there's no point for Bitcoin anymore. You can do all the mental gymnastics you want with digital gold etc, but at the end the fundamental value is from the actual users.
He probably didn't realize he was wrong. He made that email before he himself created the block size limit. After all, he was the one to add the 1mb constant to prevent transactions being spammed to the network. If there is no limit, nothing stops a malicious party from spinning up a node, and creating a bunch of small transactions to fill up the mempool. Block space is scarce because our bandwidth and storage are scarce. We can debate over the limit, but there has to be one, or there is network spam. And the bigger we make the limit, the more spam there is (but also potentially more real transactions).
Again, it's a balancing act. It's a trade off. There is no correct answer. You just have to shoot for a good balance between decentralization and throughput.
samefag