woah woah... where does Gavin say he doesn't believe in PoW? This I gotta see.
Gavin has said many times, in private, that he does not believe long term that the chain will be secured by proof-of-work. I'm sorry I don't secretly carry a cryptographic timestamping recording device on me, so I can't prove it in a formal way... if you really believe I'd just outright lie about that, I there isn't much more that I can offer.
It's the second post by Maxwell here:
https://www.reddit.com/r/Bitcoin/comments/37vg8y/is_the_blockstream_company_the_reason_why_4_core/crqbd78The question is do you believe Maxwell or Gavin?
You didnt notice the near $10 price drop since yesterday?!?!?! This is only the beginning. Once word of this coders bullshit goes public its gonna be mass panic.
Yesterday it was $236 now it is $231. That is not near $10. However I do agree and this just confirms Vod's words:
Such a move will only weaken Bitcoin's credibility in the eyes of the public.
