Post
Topic
Board Bitcoin Discussion
Re: The Barry Silbert segwit2x agreement with >80% miner support.
by
The One
on 14/07/2017, 18:27:51 UTC

Well if we're quoting Falkvinge on Segwit, we may as well reference his better work, such as his synopsis of Satoshi Roundtable:
http://falkvinge.net/2017/01/26/impressions-satoshi-roundtable-iii/


In a speaking slot of mine, I stood up and made the observation that we (people in the room) are acting like a Toyota boardroom who are trying to make a decision that every family should buy the latest Toyota model. “It doesn’t work like that”, I said. “We’re not the Soviet Politburo commanding a planned economy. The reality of the situation is that we’ve made the market an offer, and the market is rejecting our offer.” I made the point that thinking the market should behave differently, no matter how good your reasons, is not going to make the market behave differently in the slightest. The Toyota boardroom doesn’t get to decide what car a family should buy, and the present company does not get to decide what code miners run on their own machines. The world isn’t fair, but instead of complaining about it, play the cards you’ve got on your hand. Give your client what they want and you both benefit.

I think that quote nails this whole year-long agonizing about Segwit perfectly, and in hindsight will be the Bitcoin history books.

It is the same principle in basic economics that loony lefty socialists scums don't understand. There are two sides, consumer and business. Business job is to produce what they think the consumer want to buy; consumer are the final arbitrator of goods and services.

The arrogant of Core developers pushing segwit so hard in the face of severe opposition, shows that they think they own bitcoin. Segwit should never be implemented. Compromising doesn't work.