Quote from: conspirosphere.tk on January 21, 2018, 03:37:49 PM

Quote from: realr0ach on January 21, 2018, 01:43:32 PM

All of these people saying "you must use only bitcoin and everything else is a scam" is nonsense because it's INHERENTLY a pro-usury stance where you're claiming the entire world must agree to be exploited for the highest fees possible without them doing the obvious free market choice of just using something else. I thought bitcoin was supposed to be anti-usury banker? wtf? It's like people already know bitcoin dies without scaling to a huge amount so they're trying to strong arm people into propping up their investment LOL.

Would you plz go check on the dictionary what usury means?
Then maybe you could stop talking nonsense.

The definition was changed by the money changers. It used to mean in Luke Jr bible days just the charging of interest, then they changed it to "unreasonable interest" LOL. Kind of like saying "rape" vs "unreasonable rape". Usury is a form of slavery and it doesn't matter what the yield you're pulling is.

And don't try to claim bitcoin isn't built on usury. It has built-in, usurious middlemen that demand a cut of every transaction. The only way to remove the usury factor is for everyone to process their own transactions with unprofitable PoW - email PoW style. IOTA was the only real try at something like that, but as I've stated already, it's not possible to form consensus in a DAG without artificial convergence, so it's a failure.

It's not actually possible to create a decentralized digital currency. You are all wasting your time. It is only possible to build usury schemes that centralize transaction validators through economy of scale, and those then turn into federated chains/permissioned ledgers by default.