Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
It seems to me that we have ceded a great deal of influence on BTC development to a single corporate entity.
Oh my... even jojo buying into and spreading stupid ass fud.
It seems to me that we have ceded a great deal of influence on BTC development to a single corporate entity.
Maybe... except we haven't really "ceded" anything as "we" didn't have any real influence over that outcome.
Also I am not completely sure about how much real influence they do or not have. I mean, they for sure do have a lot but.... too much? Donno.
I will be clear... I am 100% for L2 as a scaling solution, but I am also advocating for a CONSENSUATED linear blocksize increase in the near future.
For full disclosure: I was even pro Segwit2X at the time..... *if* it have had CONSENSUS, which it didn't.
And I still think that had Segwit2X went thru, all other forks would already be in the grave instead of just agonizing.
Oh my... bitserve, too.
blocksize increase would not have stopped the stupid ass forks.. unless it were to break bitcoin, which was part of their goal to change bitcoin's governance and make bitcoin easier to change..... which takes away almost any uniqueness that bitcoin is providing in terms of decentralization that currently exists in bitcoin and only in bitcoin. So get it out of your head that any block size increase is coming soon, unless it is actually necessary.. maybe a few years? Maybe 10 years? Maybe a blocksize increase is not necessary, and just get it out of your head. Play it by ear. Let's see?
Regarding skepticism of blockstream.. get involved if you want to meet those folks .. it is not that BIG of a community, if you really want to get involved, then just do it. Otherwise, we can also decide how much we want to invest into BTC versus other cryptos or other projects, and bitcoin seems to be the best game in town, at the moment.. far exceeding all others. Name one that is even close to it.