Re: The Barry Silbert segwit agreement with >80% miner agreement.
Miners are completely fools imo. There are so stupids that they are not only act against their own proftis but against their economical future survivor.
If they had activate segwit bitcoin will be much higher in price and bitcoin ecosystem will ha a huge innovation atm. And innovation means money to everyone especially startups and miners. They will be even in e much better position for a hard fork future proposal.
But what choose this "brilliant" mind? to stall bitcoin and risk a not consensus fork that will create an economical disaster to the whole bitcoin ecosystem.
Especially Bitmain will hit hard from this economical collapse because is one of the Bitcoin mining startups that are heavily exposed to bitcoin ecosystem. They have invest huge amount of money to bitcoin startups and of course to btc mining.
If they had activate segwit bitcoin will be much higher in price and bitcoin ecosystem will ha a huge innovation atm. And innovation means money to everyone especially startups and miners. They will be even in e much better position for a hard fork future proposal.
But what choose this "brilliant" mind? to stall bitcoin and risk a not consensus fork that will create an economical disaster to the whole bitcoin ecosystem.
Especially Bitmain will hit hard from this economical collapse because is one of the Bitcoin mining startups that are heavily exposed to bitcoin ecosystem. They have invest huge amount of money to bitcoin startups and of course to btc mining.
criticism accepted. truly. I fact I take that the problem is a governance one. If there are priorities (high fees due to a bottleneck in tx proccessing) we should have a way to define an agenda and a way to focus proper action whatever it is. What is horrendous it's to play games and meassure our egos over bitcoin* because this is not just cryptocoolness and alt-glamour. This is now people's money.
*by no means I am implying you here but us all
This summer storm was good in a sense because we could see that bitcoin is stong enough to endure the tension (We still have to make it through august, though). But we have to learn a lesson from this. We may not be the ones taking decisions in this forum but some better way must be found.
Now, governance is a tricky thing. I drop the idea but I reckon that I have no idea of any governance system with which I would be completely confortable in the first place.