Quote from: cypherdoc on June 08, 2015, 08:25:22 PM

Quote from: macsga on June 08, 2015, 08:05:18 PM

Quote from: cypherdoc on June 08, 2015, 08:02:29 PM

Quote from: rpietila on June 08, 2015, 07:59:14 PM

Quote from: cypherdoc on June 08, 2015, 07:41:47 PM

kazuki, & the other Monero and 1MB pimps.

I think this makes us about even: you were a few months before me in shifting from silver to BTC, and I was a little bit before you in the transition from BTC to Monero.

except i'm not making any transition to Monero. oh well...

Is there any reasoning backing up your decision? I'd love to start such a discussion if you don't mind.

well, buried throughout all TPTB_need_war's bullshit is quite a bit of back and forth regarding Monero. my problem with it is pretty much as rocks outlined. it's an entirely new protocol. that by itself is not necessarily the problem but it is for network effects and confidence for a new form of money, imo. for instance, Bitcoin is open source and supposed to be adaptable to changing conditions, especially those hostile, so we've been told. if it fails to adapt to a threat like the 1MB choking of tx's then it cannot adapt and grow and will fail as a new form of money, imo. that's b/c it is unacceptable for the current network of investors who have stored their coins in cold storage to be expected to dig them out and transfer them to a totally new money on a different protocol like Monero. that would cause huge losses for us while huge gains for the early Monero adopters. great for them, horrible for us. in that scenario, i consider cryptocurrencies to be a failure as i would conclude that they are all then a form of Ponzi scheme. that doesn't mean it won't happen though but is the reason for the extreme resistance to it's adoption from the economic majority who are currently invested in Bitcoin.

and also for the constant pimping of Monero you see here in this thread.

wow your view is really limited, Bitcoin did not even invented cryptocurrencies, Satoshi did remarkable things but he did not created the universe, Bitcoin is merely 7 years old, it cannot take on gold for another 1000 years at least, and I doubt Bitcoin will be around another decade, its very simple matter of human psychology you are skipping, 99% of the world "missed" Bitcoin, and they are not fond of banking the early adopters forever (aka 1% top of the pyramid) when theres better crypto around that serves their own self-interests better, I don't disagree that Monero claims of anonymity are not perfect (yet) but its building a foundation to do so and accomplish far and beyond Bitcoin, also the permanent disinflationary emission will grab attention of a lot of folks that simply don't agree with how Bitcoin economy should work, you simply cannot force the entire world in one beast system and you won't, just saying for saying's sake btw so people like you don't go unwarned.