Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
coalitionfor8mb
on 09/10/2015, 18:13:08 UTC
I was just pointing out that this is the original vision of Bitcoin, not increasing the block size is actually the change, in order to keep Bitcoin the same we must change it.

I do think that we should stick with the fundamental original vision of Bitcoin. I also think that if we do want to fundamentally change Bitcoin then this is best done within an altcoin. Since this would not betray the original social contract of Bitcoin.

We should embrace alternative cryptocurrencies as an extension of the concept of voluntarism. I do think that for the people here that are preaching one megabyte blocks forever, it would be better if they adopt an altcoin instead since that would create less conflict and division as opposed to trying to force your beliefs onto Bitcoin, which I do think some of the Core developers are presently doing. Bitcoin is peer to peer digital cash. Bitcoin is also a commodity and a currency. Bitcoin is trust without decentralized authority which can be applied to many different applications. I do not agree with the concept of restricting Bitcoin to just one of these use cases. Bitcoin can and should do all of these things, especially when there is no good reason to restrict its use.

I want decentralization and financial freedom as well you know, please keep that in mind, most of us are and should be on the same side, we are all Bitcoiners together and we share these principles in common at least. Smiley

Of course, we are all in this together! Smiley

I like the idea of altcoins better than changing the current front-runners without the overwhelming understanding and consensus among many users. The fact that we are arguing about how to proceed and what directions to take means that we don't really know what we are doing. The longer we keep the rules the more we can learn about the system in its different modes of operation and the more data we can collect about the way competitors react to the increasing pressure. The change will be simple when the target is clear, but for now the Core remains beautiful. Smiley

http://i.ytimg.com/vi/kJRLSuZ1b4s/maxresdefault.jpg