Quote from: Iranus on March 18, 2017, 10:43:16 PM

Quote from: BitcoinBarrel on March 18, 2017, 09:15:44 PM

It's unbelievable all the people that think they have the magical solution to "Bitcoin" when they could easily make an alt-coin with Seg-wit, unlimited blocks, etc. Look, if Satoshi wanted the Blocksize to be 2mb he would have made it that.

Bitcoin is supposed to be a digital store of value, not some micro-transaction dust coin.

This is a strange fallacy and I think it rose from the common description of Bitcoin as "digital gold" which definitely no one described it at the start of Bitcoin's creation.

Bitcoin was always supposed to be a currency. Satoshi would tell you that and he did, in the white paper for Bitcoin entitled "Bitcoin: A Peer To Peer Electronic Cash System". It really couldn't get much clearer than that.

What Satoshi also wanted was for Bitcoin's code to be open source, which it is, and for necessary modifications to be made to it, which they are. BU is not a good modification to make but if the majority of hashing power supports it that will be what rightfully changes the code and creates a new version.

Iranus, this is no strange fallacy, this is reality. Confirmed by many individuals from around the world on a permission-less system with way more than $15 Billion USD-worth backing this reality - that Bitcoin's primary use has emerged to be store of value/investment. I detail out the dynamics of this in the post: "Hacks & puppets & forks - how to destroy bitcoin" https://bitcointalk.org/index.php?topic=1834310.msg18256120#msg18256120

Iranus, you can release a version of the entire bitcoin code and modify it where you think Bitcoin is broken - this is called an "altcoin" or why don't you just go to Ethereum which is an amazing appcoin, very smart contract technology and is a permissioned system with LOTS of development - why don't you do this? Why keep coming back to talking about Bitcoin?

Because Bitcion is UNMATCHED, is permission-less, immutable, established, decentralized, and backing this decentralization is a limited-size 1mb block. This makes it beautiful. (if it were a 10mb block there would be NOTHING beautiful about it)

BitcoinBarrel well said! It's worth repeating your line "Bitcoin is supposed to be a digital store of value, not some micro-transaction dust coin."
-do i have your permission to use this quote freely? I like it.