Post
Topic
Board Bitcoin Discussion
Re: How is Bitcoin living up to Satoshi's original vision?
by
Artemis3
on 29/01/2020, 23:24:32 UTC
OK, I'm going to prepare myself for the influx of hate here but can we please attempt to have a mature discussion about this.

How in the hell can people claim Bitcoin is still in line with Satoshi's original vision?

How can we even call Bitcoin a crypto CURRENCY, it's really not a CURRENCY anymore and I'll explain why.

I sold my Bitcoin off a long while ago, mainly for the reasons I've given above, I didn't believe that Bitcoin was still in line with what Satoshi originally envisioned, I'm also sceptical about it's long term success.

I've just tried to send £1 worth of BTC to my other wallet, the fee was 25p that's literally 25% in fees.

Sure, lower the fee I hear you say but if I do, I'm going to be waiting an extremely long time for confirmations and for my transaction to go through.

So you lost a fortune by selling something that became even more valuable later. I see where your grudge is coming from...

TODAY i made a small transaction to an exchange to use fiat, as always, i used 1 sat/B. It took ONE HOUR to get confirmed.

How do you even DARE to say this is "extremely long time"? Do you think we are stupid or what? Give me a break. It was about 144 satoshis for a single hour, have you ever done bank wire transfers? Probably not, or else you are a liar.

Say what you want but Bitcoin is working as intended, and that is the reason it keeps growing in value, albeit slower and slower, exactly as designed, but still preserves its purchasing power after a decade. What you want in a coin is not "Satoshi's vision", it is YOUR vision. Go ahead, copy Bitcoin's code and execute it again, you then have your own blockchain Go make your altcoin, and hope you don't end up like BTG...