Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
The only thing that interests me now about the blocksize debate is how the network forks and what form that takes. Major companies in the space like Coinbase and Bitpay are now publicly taking a stand against the Core developer position which is extraordinary on the face of it. It will be fascinating to see how this plays out and whether you and your colleagues who actively promote the limitation of bitcoin with such gusto are happy with the outcome.
Will you still use bitcoin if an industry supported reference client (with a scaling blocksize inbuilt) rapidly garners support and sidelines Core and it's developers?
Will you still use bitcoin if an industry supported reference client (with a scaling blocksize inbuilt) rapidly garners support and sidelines Core and it's developers?
By my own very speculative estimates the "industry" you speak of controls less than 1% of the money supply, a few independent full nodes and 0% of the hashing power.
Thus, it remains to be seen whether or not this governance coup would ever garner support, much less rapidly.
It is an unfortunate situation where some of you have been brainwashed into believing that Bitcoin cannot make it without the "industry" of what's essentially banking parasites and their VC backers.
Typical North American egocentric herd behaviour.
