Quote from: knight22 on September 16, 2015, 09:09:00 PM

Quote from: Holliday on September 16, 2015, 08:54:56 PM

What are the use cases of frictionless programmable money? Why is it important? Why do we need to put those transactions on the same block chain that provides us with censorship-proof money? Does frictionless programmable money require the overhead of a permanent distributed ledger?

It is important because it opens up new business and trade opportunities and can lift up the financial situation of people specially in times of financial crisis. Does frictionless programmable money require the overhead of a permanent distributed ledger? Well yes or unless you know any other kind of technology than can achieve this other than bitcoin?

Quote from: Holliday on September 16, 2015, 08:54:56 PM

Most things (possibly everything) come with a trade off. If creating a good frictionless programmable money harms the censorship resistance, which do we choose?

We choose both because bitcoin already does both and we should work toward that goal. Adding censorship adds a layer of friction and going offchain also adds frictions.

If bitcoin could scale from 0 to now by offering both then I don't see why it cannot continue to scale and still offering both.

Because you suck at engineering. Undecided

Bitcoin is first and foremost about censorship resistance and decentralization. The rest is bells and whistles.