Vlad, you seem like a very knowledgeable person, and I have just spent 20 minutes sifting through this mountain of a thread to come to a clean and digestible conclusion about your 'the end is nigh' posts...
Might you be able to do a TL;DR abbreviated version? A praisie/summary/conclusion/roundup of your thoughts?
Most gleefully appreciated - Couture
I friend of mine summed up what I've been saying for nearly half a decade really well. If bitcoin splits in multiple pieces then:
- The immutability myth will vanish.
- The consensus crap will be fantasy.
- The decentralization a fairytale.
- Anonymity bulls**t.
- Cheap and fast transactions a lie.
One thing is for sure though - crypto is the future so then the big questions is, where will users, miners, merchants, banks, corporations, etc., go when they finally wake up to the obvious truth?
And apples - Romanian grandmas do love handing out apples.
1. Thankyou for your summary - as promised... I am gleeful
2. Your reference to handing out apples..? I first thought it's a reference to the witch in Snow White... but that tale was originally scripted in German to my knowledge...?
3. What happens next? What happens to all the people (don't really know just how many people) Mining bitcoin and mining primary altcoins (dash/etherium/ltc/a few others)? Do they/we just mine the next most profitable coin for ever? Will there be a final set of coins in a similar way there are a somewhat final set of fiat currencies now?
4. Please feel free to take hours and hours to make a video/docufilm akin to Zeitgeist.. that would be awesome