Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
VeritasSapere
on 02/11/2015, 20:10:01 UTC
This response is mainly comprised of ad hominem and appeals to authority. The developers of Core should not be the people that decide on the future of Bitcoin. It should be the economic majority instead which is best reflected through proof of work. Saying that the miners have to upgrade is not the same as them actually voting with their hash power.

Furthermore Bitcoin Core is under the control of a single person, Wladamir does have the final say on what gets merged or not after all.
Which of these 6 points have ad hominem or appeal to authority that renders them invalid?
There are appeals to authority and ad hominem within this piece, only point two is effected by an appeal to authority and ad hominem, point one, five and six I have already responded to separately.

Quote
Ad Hominem:
"Full of lies and desperation of someone who risked his entire reputation on something and lost; and now strops around like a petulant child."
"Mike claims miners will switch to BIP101 in December if Core doesn’t release a block size increase, this is a complete lie."
"Clearly Mike is trying a game of poker here to frighten people."

Appeal to Authority:
"Truth is miners have outright rejected any controversial change that does not include Bitcoin Core where the vast majority of technical experts reside."
"downstream users, rely on Bitcoin Core because they know it has the expertise and stability. XT has nothing"
"Companies are not going to follow a renegade fork and in the end, they are going to trust the technical expertise of those who can provide long term support and have a proven track record in the field."

Core team does not decide on the future of Bitcoin. It offers a solution, provides arguments and expertise, and the economic majority is free to decide which way to go. The same goes for XT. The truth is that the economic majority has so far decided that XT is a no-go, and Core is delivering on its promises. Deal with it.
I actually agree with this.

Mike has predicted Core won't raise the limit. Let's wait and see.
I agree with this as well. Time will tell which is in part why I am confident this situation will resolve it self. Most people do want the blocksize to be increased after all, which means that if Core does fail to do so in good time then the economic majority will fork instead, one way or another.