Post
Topic
Board Speculation
Merits 2 from 2 users
Re: [WO] Bitcoin will scale
by
JayJuanGee
on 20/09/2020, 02:47:28 UTC
⭐ Merited by Hueristic (1) ,nullius (1)
More ranting...

If you can't sum up your argument in a few sentences, you're pulling a JJG and trying to prove your point with walls of text rather than logical argument.

Yeah right.... Roll Eyes Roll Eyes Roll Eyes

You might be lacking reading comprehension if you are going down the road to proclaim that logic is lacking within certain walls of text or all walls of text as a general statement, including those of yours truly.


My argument is people are idiots and the few who aren't will be priced out of the market by high fees.


Your argument is pie in the sky nonsense in regards to a fear of a future of bitcoin evolving in a way that squeezes out the little guy...

You have hardly any evidence of that beyond pure speculation, and why the fuck do you believe that bitcoin had adopted segregated witness rather than increasing the block limit size?  That is in order that little normie people can run nodes.. .Have you heard about that kind of inclusiveness phenomena that puts power of the chain in the hands of the people through consensus mechanisms?

 
Bitcoin scales just fine, you're just looking at it wrong. The highest value use cases will survive and the everything else will be done off chain or die, including your ideology. This is the free market I'm talking about.

Of course, there is going to be a combination of off chain and on chain.  Did someone send you over from the bcash nutjober camp to make these speculative baloney points?

 
I have no problem with Lighting and I think it and other side-chains will have their use cases.

Lightning network and other side chains provides options.. and we will see how they evolve and how empowering they are for people.

Seems that there are a lot developers on the lightning network who are trying to make it similarly empowering in terms of giving individuals abilities to spend their bitcoin, to the extent they are going to want to do that in the future.. and lots of work seems to still need to be done regarding user interface of some of these second layer systems...
 
I'm not a worshipper of plutocracy and the world isn't going to change just because you will it to. Things are just what they are.

You seem to be the one making doom and gloom predictions regarding supposed future exclusion of normies from bitcoin when there hardly seems to be evidence of that beyond your pie in the sky fear-based speculations.