Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Lowering the blocksize limit is nearly as dumb as raising the blocksize limit (and maybe even more dumber).
Even if a smaller blocksize limit could be preferable, there is a certain amount of risk that comes with any change, even if the change happens to be preferable.
Even if a smaller blocksize limit could be preferable, there is a certain amount of risk that comes with any change, even if the change happens to be preferable.
no risk no reward.
bitcoin will fail if its unwilling to take any risks as it upgrades.
because there are 1000's of others perfectly willing to take on HUGE risks and try totally nutty things. and while most of them will fail, some won't.
Adam. I like you and everything. But you got this matter all wrong in your head if you believe that bitcoin needs to be able to adapt with the times.
Bitcoin is solid, "as is", and you do not want it to be easily changeable. If bitcoin is easily changeable, then that means people can change it .. and who are those fucking people going to be? NOT regular people or geeks. They are going to be rich people, banksters and the ones who you do not want changing everything because they already screwed things up already.. and that's why we got our little friend bitcoin .. it is called decentralized and not easy to change (which is another way of saying immutable)... so let's try to keep this thingie-ma-jiggie censorship resistant, and not easy to change.
Regarding those 1,000 of others, let them change all the fuck they want. The are not bitcoin, they are some centralized bank wanna be... and bitcoin is going to win the day in the end, especially if it continues to be difficult to change... and especially with already having a solid foundation.
i disagree...
i think bitcoin has become to hard to change and its going to die if we dont fix this soon!
In order to arrive at your above conclusion, you have to begin with the premise that bitcoin is broken...
And, you know what? your premise is wrong. Bitcoin is not broken.
Even if bitcoin stays the same forever, bitcoin is still going to have considerable value, "as is"
We all know that there is way too much interest in bitcoin, and it is NOT going to stay the same forever, but the idea remains the same, bitcoin is not broken in its current state... contrary to the various assertions of the FUDsters - including KillerPot
