Post
Topic
Board Bitcoin Discussion
Re: The Barry Silbert segwit agreement with >80% miner agreement.
by
CoinCube
on 03/06/2017, 06:24:07 UTC

It is *obviously* a zero sum game ; well, it is a negative-sum game, because there's a net value flowing out to miners and exchanges.  There is (almost) no value created by the system (the only value that is created is the business opportunities on dark markets and other means of payment that cannot be easily done in fiat, but that's on the few percent level of the market cap at best), so obviously, all value that flows out of bitcoin, has to be put in there by other users. 


Well we *obviously* disagree but I have laid out my position and you yours.

In the end we will vote with our feet. I suspect you will ultimately leave the bitcoin community pursuing your vision of "freedom currently" involving anonyminity limited development and total immutability. If you choose to own bitcoins at all it will be only for a very limited period of time until you choose to cash out of the "Ponzi scheme".

I on the other hand will avoid alternative cryptocurrencies as I feel they lack the foundation necessary to keep them sustainability afloat. Instead I will spend the weekend on an activity that offers no prospect for financial return learning how to set up a bitcoin node. As I lack a technical background this should be an interesting challenge for me. I have a moderate investment in bitcoin and plan to hold the majority of that more or less indefinitely (see my profile picture).  

Others throughout the bitcoin economy will make similar diverging choices. Time will tell which of us presents a more accurate vision of the future.