Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's elite behaves just like the old banking elite
by
Come-from-Beyond
on 11/05/2017, 11:33:37 UTC
Bitcoin is losing it's dominance as a direct result of the greed of the miners. There is no technical reason for keeping the blocksize so low, it's simply politics and human nature: miners are left to decide in their own short term interest and against the interest of the users. This is exactly how old banking behaved and it's sad to see a great dream killed by greed and pointless bickering.

Ever watched Animal Farm?