Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ibian
on 02/08/2017, 16:23:52 UTC
Large blocks = Gold
Segregated Witness = Fiat

Asia wants gold.
USA wants to print money.
changing bitcoins block size via politicalbattle destroys its gold like property.

So you're admitting segwit destroys bitcoins gold-like properties.

When 100% of hashpower and most actors and participants have agreed that Bitcoin have to have Segwit, then that's Bitcoin and if it doesn't have Segwit, it isn't Bitcoin. If, tomorrow, almost everybody agrees to have bigger blocks, then that will be Bitcoin and smaller blocks won't.

How is that so hard to understand?

That's a good explanation. But what happens if 51% of hashpower want bigger blocks but Core Developers refuse?
Then they are obviously not very core to the whole bitcoin ecosystem.