Bitcoin network is so weak that even after 5 years of maturity it has disruptions of basic functionality.
So basically you are referring to Bitcoin as a shit coin.
And that's why the block chain is not hacked till now.
And 5 Years is just a scratch against the whole fiat system.
Yes, bitcoin is shit coin...
So that you think that THE BITCOIN IS A SHIT COIN then why are you on THE BITCOINTALK FORUM???
You must leave the forum if you think that Bitcoin is a shit coin.
...I can logically prove ...
It is not at all logical, as the bitcoin network is the strongest network of all crypto.
And it is the father of all cryptocoins and also it is the first crypto coin mankind has ever seen, so it can have some flaws and developers are looking for ways to correct those.
No, bitcoin network is not strongest as of today.
It had many failures and technical weaknesses that allowed Mt Gox to exist longer than desirable.
Recent weeks advice to not send bitcoin for several days shows that the network is still weak.
When was the last time VISA advised to avoid using credit cards for several days ?
Just because it has respectable status of father does not make it right to hide it's weaknesses from new investors.
Do I admire Satoshi's invention - yes, very much. If I was asked to donate him some coins as charity - sure I would. But investment and charity are 2 different things.
Do I think we should keep advertising bad tech for investments - no.
Do I think we should keep advertising it for charity and historical value - yes.
May be BTC should be considered rare collectors coin. But no one uses collectors coins for everyday business.
So if someone issues fixed number of physical coins that are very hard to fake and sells them for 1000 BTC each only to long term dormant BTC account holders that would make a lot of sense. It will remove risk of dump and will give collectors their rare coins that preserve value through rarity and historical significance. They can keep sitting on them till death, but they will no longer represent risk for new BTC investors because it will be impossible to dump BTC price by selling these rarities.
Once these flaws in BTC are fixed, I will change my opinion.
But what if it's impossible to fix them ?
What if BTC devs are on govt payroll to keep flaws for as long as possible ?
What if major miners will not accept these changes ?
What if miners are on govt payroll ?
It's not done until it's done.