Quote from: thelibertycap on January 28, 2015, 01:11:55 PM

few full nodes = current central banking paradigm. we don't need another centralized solution.

I know. But from a purely technical perspective this must be done this way.

Yes, we will eventually build some sort of a banking system 2.0, probably with several levels of hierarchy. But hopefully it will be a better system: based on open source, transparency and checks and balances embedded into it by design and algorithms.

Idealistic vision of being completely free from governments and corporations is silly. We just need to build better versions of them.

Quote from: thelibertycap on January 28, 2015, 01:11:55 PM

for some reason ppl here try to suggest that growing bitcoin means more and more transactions. but it it not really about the amount but rather the volume. VISA card is not good for buying a gum for $50 (many shops will simply refuse to accept the card because of a high transaction fee) and I don't think VISA is bothered with the lack of growth due to this fact.

And you think 600 K transactions per day is enough to make any impact in the world of 7+ billion people?