So basically bitcoin is the worst cryptocurrency besides all others tried.
Its not perfect but its way ahead of anything else that is currently out there.
It can't be inflated, its code is open source, anybody is welcome to join, mine, run their own node, and be a part of the network.
If you have a better alternative, please feel free to let us know what it is.
1. cant be inflated? you might want to check on that.
there was in 2009 -2013 an idea of limiting bitcoin to 2.1quadrillion sharable units of value(satoshi's). plans are
already being made to expand that to being 2.1quintillion sharable units. which will continue the mining reward/halving process well beyond 2140(millisats)
imagine there were only 10 banana's in the world. then imagine there being 10billion slices of banana.
banana's are no longer rare and out of reach of people to buy.so they have lost their.. accuse the pun. ap
pealAnyone can propose anything, but "will it reach consensus" is the question.
2. running a node, is not the same as the decentralised power of consensus. it just ends up as you being an distributed data archive. not a decentralised community of consensus
Didn't the UASF, which began as the minority, teach you anything?
3. many teams have tried to offer proposals. but ended up finding it easier to just make their own altcoin than try fighting the group roadmap
Allowing anyone to propose any idea on Bitcoin would be stupid.
4. im not saying its the worse. im saying its no longer holding up to the same promises/ethos/initial idea as 2009-2013
What promises? On-chain scaling?
It also gave all of us the "idea" of something like "Bitcoin", a form of "money" that is not controlled by the state, is achievable.
^ selective usage of words
"not controlled by the state" yet the upgrade proposals and new code is controlled by a group.
and if the community do not follow the group. the group wont care because the group bypasses the community with "compatibility" and if the community added code that makes the group unable to bypass using "compatibility" then the group simply mandate a "accept group rules or f**k off" method
bitcoins 2009-2013 true consensus mechanism has not been used as intended since
Get the context of my post. Your "state" has mandated themselves as the authority, and the monopoly in money-printing, and issuance. Bitcoin changed that.
I agree with that,but sooner or later someone is going to take control over bitcoin,wether it's miners or whales.
bitcoin is code. so its developers you should be scrutinising
But not the signers of the NYA, or Bitmain?