Quote from: EpicFail on December 08, 2016, 12:10:30 PM

Quote from: MarketNeutral on July 03, 2015, 08:13:30 PM

The blockchain is always solvent.

This. And decentralization.

Fast confirmation, low fees and a capacity for a gazillion transactions-per-second all don't mean shit if Bitcoin degrades to a centralized and insolvent monetary system.

I'm curious how many people really care for Bitcoin to stay decentralized? If peeps were given a choice between Bitcoin decentralization and no profits versus Bitcoin centralization and handsome profits, how many of them would actually choose the first option? Let's be honest, the total majority of Bitcoin users would opt for the first option since they are interested in Bitcoin mostly from the profits perspective (immortalized by "buy low, sell high"). Though the real profits may come only if Bitcoin should remain decentralized...

But that would require fast confirmations, low fees and a gazillion transactions per second