Re: [XMR] Monero Speculation

Quote from: generalizethis on November 06, 2018, 11:49:14 AM

Quote from: tokeweed on November 06, 2018, 11:42:03 AM

^ Wtf. Lol.

Quote from: cAPSLOCK on November 05, 2018, 06:13:19 PM

Quote from: generalizethis on November 05, 2018, 02:24:55 PM

scale of testing != best implementation

The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.

If you had one job to do and couldn't do it, would you consider yourself the best?

I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.

Montero does an interesting job of pointing to a lot of possible solutions though...

Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument. I think some Montereans would tend to agree too.

And generalizethis, Monero had its share of flaws too.

But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.

I'm not sure that 'electronic cash' is a problem that BTC can't or won't address - at least, not yet. No doubt the ideas surrounding the purpose of BTC have changed over the years, but if BTC is to follow the narrative as illustrated by, among others, Vijay Boyapati (see https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-part-3-of-4-2e2c002593f1) then BTC must first become an established and trusted SOV before it can ever become a MOE. That will be some years yet - definitely not in the next year.