Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adamstgBit
on 24/03/2016, 18:51:16 UTC
datacentercoin is coming, bitcoin will perish!
DOOOOOOOOOOOOOOOOOOOOOOOOOOOoM!
I Imagine a future where individual states, universities, governments, corporations, banks are the ones running bitcoin nodes.
China and USA may not agree on a lot of thing, but they will be made to participate in nakamoto consensus!!
I simply do not care if there individual citizens can't run a full node without a 10,000$ investment.
Welcome to the future of money, its a BIG DEAL.
Again, either very foolish or stupid. Bitcoin was always about individual sovereignty and now you're talking about turning it into a government/corporation coin. Nice viewpoint.  Roll Eyes

you understand the distinction between controlled by 1 cooperation Vs decentralized amongst all cooperations. right?

the idea of bitcoin running on home computers while its only use is as a settlement layer only large corporations can afford to transact on is either very foolish or stupid.

maybe my point of view isn't "Nice" but at least its realistic.

lets not forget large corporations and banks have already said PASS on the bitcoin bandwagon, and they are on the Bitcoin bandwagon. weather you like it or not the idea of a decentralized "datacentercoin" as some like to call it, is coming. IMO, bitcoin will NOT be able to compete if it hodls desperately to maximal decentralization idealistic roadmap.