Post
Topic
Board Bitcoin Discussion
Re: Analysis and list of top big blocks shills (XT #REKT ignorers)
by
btcusury
on 15/01/2016, 22:17:08 UTC
Bitcoin is not meant to scale on the protocol level because it will foster centralization and introduce attack vectors.
Don't you think then, if that really is the case, that Bitcoin has failed?

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Poeple got brainwashed by the antonopoulos socialist propaganda that bitcoin will save the world and other gavineries populist nonsense.
That's an interesting perception. Do you feel that the world isn't in need of "saving"?

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This are lies I am done argumenting politely. It is time people realise what bitcoin is and is not.
I'm not sure any of us really know exactly what Bitcoin is (as in what it will become)... Let me ask you this: Can you sum up your understanding of the legacy economic system?

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I've personnaly come to the conclusion that scaling bitcoin will only be possible and effective via offchain solutions and corporations will ahve to abide to new transparent business models and standards if they ever want to get some customers.
Given how fast things change in the crypto space, are you sure that isn't a bit of a premature conclusion?





I like this diagram because "consensus and mining" is right in the middle where (IMO) it belongs.  Bitcoin achieves consensus not for technical reasons alone, but because of the interaction between technology and the people running that technology.

The "Bitcoin System" boundary encloses not only the node software and mining hardware--it encloses each and every one of us too.
While I find some of the things you've put out to be... questionable and sometimes even absurd... this I like! That's a great way to visualize the way we each are compartmentalized in regards to our understanding of Bitcoin, cryptocurrency, the decentralized ledger technology, and decentralization. Many people are ignoring some or many of those "sectors". To me the toughest one to grasp is #1, but I'm getting there. My primary area of research has been #5. I'd suggest we all make use of this chart to notice where our understanding might be weak, helping lead to a more wholistic understanding of what it is we really are dealing with.

Well done, Peter R, "big blockist" or not!