Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
VeritasSapere
on 05/10/2015, 22:20:02 UTC
Satoshi did most definitely support larger blocks
Everytime you pull out Satoshi's name to support your position it necessarily undermines most of your argument.
Satoshi did support bigger blocks whether you like it or not. To quote Satoshi Nakamoto:

"The eventual solution will be to not care how big it gets.""But for now, while it’s still small, it’s nice to keep it small so new users can get going faster. When I eventually implement client-only mode, that won’t matter much anymore.""The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users."

A Peer-to-Peer Electronic Cash System
Bitcoin is that and this function does not have anything to do with transaction throughput.
Increased transaction throughput is important for Bitcoins use as a currency, and cash is a form of currency. You are contradicting yourself now, since you have said before that Bitcoin is a commodity and not a currency, yet cash most definitely is a currency yet you support this description. This is a blaring contradiction in your thinking, at least peter todd for all that I disagree with him he did acknowledge the difference in vision, he did say that Satoshi was wrong, maybe you should bite the bullet and do so as well if that is truly your conviction.