Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
P_Shep
on 06/04/2019, 14:35:13 UTC

Wow!.. That's your solution? Bigger Blocks?

I don't understand some people's way of thinking. We are living in an era where almost anything is possible, we just need to be able to imagine it.

Let me dumb it down here...

How do we fix a traffic congestion. I know, let's build/add more lanes on the freeway. that will solve the issue, Right?. Where do we stop? 10 lanes, 100 lanes , 1000 lanes?

Can you see a problem? Eventually your solution will be obsolete, eventually the traffic congestions will surface. Not only that, what about the towns and cities that may be around the freeway when it was just 2 lanes, you would have to demolish the towns and buildings to build these new lanes, eventually you won't have any towns and city to use the freeway with 100 lanes.

Not only that, what if the land is not suitable for your extra lanes. Ie, mountains/rivers/lakes etc.

The solution is not simple, it would have to involve a multi point attack. We could implement, high speed rail to move people around faster, we could use other transport methods, increase Bus or Multi-Passenger vecihles to reduce the amount of cars using the freeway. We can even think outside the box, change peoples driving and transport habit, work from home in the first 2 hours. Leave work later etc etc.

Now back to Bitcoin, does this sound familiar, now can you relate to what the developers are trying to archive? Layer 2? LN?

If you think Bitcoin is crippled because of small block size, then you are still thinking inside the box, and do not have the capacity to understand the full ramifications of larger and larger block size, let alone the importance of a smaller block size. Again, this is only one aspect of Bitcoin.

The other night, I came home and the front light was out. I found my keys, but was struggling to see in the dark, took a tad bit longer to get the front door open, then I thought to myself, wouldn't it be awesome if I had one of those proximity cards, like I do at work, and be able to just swipe my wallet and get inside. So in other words, my house is CRIPPLED and I should move out to my Office/Work. Again, the front door lock is just one aspect of my house.

"One does not grow a system by limiting the things for which it is useful." <- That doesn't apply to Bitcoin, data shows Bitcoin usage has grown year on year. Never have been limiting Bitcoin, infact, we are finding ways to push the boundary of it "usefulness"

The biggest problem you have with your mindset is that you are only thinking about what is here now and not what could be here in the next 5/10/15 years. The Bitcoin developers, not only have to think about block size, they have to think about the whole of BITCOIN. Do not ever say they deliberately crippled Bitcoin, because that is an insult!

This is all great and all, but you might as well be talking to a wall.