Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
TPTB_need_war
on 24/06/2015, 01:08:22 UTC
My god, cheezes christ, what a socialist pile of crap.

I can personally guarantee that bitcoin with the crucial coin limit will continue, even if I have to run my own miner and wait decennia before the difficulty adjusts. More likely though, I will be joined by at least a percentage of current miners, meaning the system will continue with the slight annoyance of having confirmation times of a day or so. Have your fork, the inflatacoin will go the way of the fiats.

And without SCs, your hard limit fork will be absolutely worthless in exchange value.

I think you need to review a thread I wrote as AnonyMint:

No Money Exists Without the Majority

https://bitcointalk.org/index.php?topic=226033.0

Well that only make sense right.

cause what value is it if no one holds it, so yeah majority of the people need to hold it for any point of value.

Or some use case that cause a minority to demand it.

So they need to argue some features their hard limit fork will have that drive a use case. If store-of-value is the use case, they have to explain how their coins are better than gold. If their system has no anonymity then it is surely toast. Also how does their minority system resist 50% attack? Whack-A-Mole isn't a viable retort. They will never get the necessary changes to the protocol without SCs.