Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
cypherdoc
on 15/06/2015, 00:24:05 UTC
marcus and his character assassins like to argue that Bitcoin should be a "settlement currency". 

how can it ever be a settlement currency when it's use is currently confined to a small group of users?  let alone when the Blockstream plan is to shunt the vast majority of tx's to SC's or LN preventing our transition to mining paid for by tx fees?

it's a ludicrous economic plan that will cause Bitcoin itself to wither and die.  but when your business model depends on SC consulting fees it will be quite lucrative; in USD.