Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JorgeStolfi
on 17/01/2016, 23:26:02 UTC
Funny how for someone not "believing" in bitcoin you still cling on religiously to what Satoshi intended/said/meant or not and based on a 8 years old WP.

As I wrote, it is not that Satoshi's words and ideas are "sacred", but they help understand why bitcoin is the way it is -- and see more clearly the features that may render it unsuitable for specific uses. 

And, as I may have written many times, I could have loved bitcoin as it was in 2009: an experiment on a new kind of payment system, run by an open set of uncoordinated anonymous volunteers, stabilized by its incentives, etc..  But I cannot like the monster into which it has mutated. 

I could like it again if it somehow returned to the original plan -- with 10 times as many users perhaps than it had in mid-2010, and with the price 10 times higher, at about 0.50 USD/BTC;  bit without speculative trading, and without for-profit mining...