Impartially relaying a further reply.
Overconfident, condescending, arrogant and ignorant Coretards love to cite USAF, democracy, and claim that the will of the majority has decided that Core (aka SegWit/P2SH) supersedes and retires the legacy, Satoshi Bitcoin protocol. First of all, that so called majority is not the economic majority (this point was discussed in the Rogue Wave" thread). The inviolable, natural power-law distribution of wealth insures that the majority who vote only collectively control less than about 20% of the wealth and those wealthy who are only a small minority control the remaining 80% of the wealth. So democracy never decides anything. Rather the wealthy capture the democracy and control the outcome. Ditto in Bitcoin. I could even build a strong case that the signaling, voting and the NY agreement were all manipulated by the powers-that-be for the outcome they are planning wherein they will dupe and fleece the Coretards burning their fingertips up to their armpits. Ha! As it should be for arrogant, overconfident, boastful, condescending, ignorant blowhards. They walk right into the trap because their hubris blinds them from looking at the situation objectively. We will not know the final decision of the economic majority (i.e. the hodlers and the financiers of mining) until the coming HARD fork off attack.
More importantly perhaps is that if decentralization were to really help humanity then it must ameliorate the depressing situation where the will of the majority is capable of enslaving and subjugating the will of the minority. There should be sufficient degrees-of-freedom so that everyone can pursue their own path.[1] Thus it is quite natural that as a result of a disagreement over how to handle block size and transaction scaling, that there would be a fork of Bitcoin into multiple competing altcoins. It is thus quite preposterous for the Coretard maximalists to claim they have successfully subjugated the legacy Bitcoin, because that claim will not be challenged until the two protocols are forced to HARD fork off (none of this soft fork scam nonsense which always will end up in a HARD fork that it should have been from the start) when the two protocols disagree about the state of the block chain (as will be the case when the SegWit anyone can spend booty is taken and spent as donations by the legacy Bitcoin protocol miners in the future, perhaps at that May 2020 halving as warned).
Immutability is the only way to provide a stable Schelling point when there would be much contention (aka politics) about competing designs. Otherwise the competing designs would proliferate and the value would be diluted across numerous forks and chaos and collapse would result. Schelling points are a critically important concept in game theory. That is another reason that every fork off (i.e. every change from the legacy original has always been worth-less than the legacy Bitcoin which is still running alongside the Core soft fork for the time being). IOW, the current BTC price and value reflects the price and value of legacy Bitcoin, not the Core scam soft-fork nonsense. When that Core shit is forced to fork off, it will end up worth-less as has been the case for every attempt to fork Bitcoin.
Coretard maximalists (who claim to be able usurp the minority and impose their will against the immutable Schelling point that gives Bitcoin all its value) are going to learn the same lesson that Chinas totalitarian ruling oligarchy is about to learn in Hong Kong:http://archive.is/https://asia.nikkei.com/Opinion/China-does-not-understand-Hong-Kong-s-leaderless-movementhttp://archive.is/https://asia.nikkei.com/Spotlight/Hong-Kong-protests/Xinhua-warns-end-is-coming-for-Hong-Kong-protestersLeaderless movements are resilient because they maximize degrees-of-freedom and thus value creation. Bitcoin is only leaderless as immutable with Satoshi departed. Any attempts to usurp this leaderless Bitcoin will fail.
So the retards with low IQs may try to argue that if the legacy miners take the SegWit anyone can spend booty as donations by spending it to themselves, then claiming those legacy Bitcoin miners are leaders and usurping (and thus implying not a leaderless situation). Hey idiots, those miners who take the SegWit donations are protecting the immutability of the protocol (and thus not leading any change, not usurping, and not violating the leaderless situation of a protocol which incentives protection of itself via a poison-pill economic game theory against soft forks). The booty is a poison-pill that finances the successful hard fork thus sustaining the immutable Schelling point that gives Bitcoin all its value. Retards cant seem to assimilate this concept. They think, but exchanges, transaction volume scaling, feature improvements, blah blah blah
Myopic idiots. Legacy Bitcoin is already perfected for its intended future role as the reserve currency backing the upcoming global monetary system comprising significantly Facebook Libra. If you want to create an altcoin with more features for some other purpose, then do not try to usurp Bitcoins immutability, because if you do, then the poison-pill game theory of legacy Bitcoin will burn your fingertips up to your armpits.
Would you retarded bunny rabbits please get off my lawn and go play with your navel in some other corner of irrelevance.
[1]I was lamenting to my mother what a circus the politics in the USA and West in general have become compared to my youth when the news was anchored by gentlemen such as Walter Cronkite who would soothingly tell us about landing on the moon. Anyway, my mother said she enjoys watching all the political maneuvers, as if it is a sport. But the problem is that politics is not a sport, but rather a long-march, Marxist enslavement paradigm. In my opinion, decentralization technology has the potential to render politics impotent and irrelevant. I believe the true, noble goal for decentralization is to enable civilization to function without politics or with less politics.
Sorry fool. You are wrong. Bitcoin Core will die.
Add that to the very long list of Bitcoin obituaries [
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If you read his posts, you will notice that he also implies Bitcoin Legacy will die, as there will be no use case, and no exchange to trade it, being restricted to a small club of whales.
If you read my posts, you will note that I stated a theory the future purpose of legacy Bitcoin appears to be the reserve currency backing for the 666 Libra global currency. Thus in my posited outcome, the legacy Bitcoin would not need popular use, would not need transaction volume scaling, and would not need anyone but $billionaires to use it. The rest of us would be (in the future) using the Bitcoin unit-of-account when we use Libra. The Libra foundation would in the future buy and sell onchain legacy Bitcoin. The users of the upcoming Libra currency would not need to buy and sell onchain Bitcoin because they would transact on the Libra blockchain instead (which since centralized, can be made to easily scale to any transaction volume). I wrote that Libra will in my theoretical outcome be initially predominately backed by the US dollar to drive the strong dollar vortex, but then later (~2026?) when the powers-that-be are ready to devalue the US dollar, they will phase in legacy Bitcoin as the backing reserve for Libra. IOW, with their control of the mass media, the powers-that-be will pretend that Bitcoin has died when they destroy the official Bitcoin Core scam which they created. The purpose being to discredit decentralized cryptocurrency so they can usher in their centralized Libra global currency for the dumb, sheepeople masses (like you fool). But in reality, they will continue on using legacy Bitcoin behind-the-scenes (e.g. on OTC exchanges) in the meantime, until they are ready to bring legacy Bitcoin back into the limelight in their controlled mass media.
What is the problem with your reading comprehension? Low IQ? Its okay if you disagree with my theory, but at least do not incorrectly summarize what I have written.
The strong dollar vortex will accelerate during POTUS Trumps coming second term. This will cause massive stagflation in the countries other than the USA. Which will force the people of the world (other than U.S. residents) to buy Libra which is appreciating relative to their national currencies, so that they can moderate the inflationary increases in prices of basic goods as priced in their weakening national currencies. I posit this is the masterplan to force the world onto the 666 global currency system.
Then later I posit the powers-that-be will wreck the US dollar too, to complete the global enslavement with Libra+Bitcoin 666 global currency system. Libra will be the medium-of-exchange used by everyone for transactions, and legacy Bitcoin will eventually be the unit-of-account backing Libra but only transacted onchain in legacy Bitcoin by $billionaires.
Is that all too much for your bird brains to comprehend? I mean if youre going to disagree with the theory, at least dont fail to assimilate all the details of theory when you make your rebuttal. Its exhausting to have a discussion with individuals who are so incapable of assimilating what they read.