Post
Topic
Board Bitcoin Discussion
Re: Mempool Observer Topic
by
BlackHatCoiner
on 28/12/2023, 10:43:51 UTC
the main reason why people are not leaving BTC is that they treat it as a store of value, and they think it has the best and most guaranteed chances of growth compared to any other coin.
Which is precisely why people don't want to make it a 4-year election cycle. There's a good saying that "making something social destroys the truth of it". Experimenting in the main chain is no longer acceptable.

People treat Bitcoin as a store of value. A conservative, capped, deflationary, boring, quiescent store of value. The rules are long set. There is no way you find universal consensus on the ideal block size limit. I myself believe that the limit should rise a little bit, but if to accomplish that I'll have to risk losing the aforementioned invaluable properties, then hell no. We shall improve scalability only on second layers, and if that isn't enough, then our next best course to an electronic peer-to-peer cash is a reputable altcoin like Monero, where change is more socially acceptable on a basis level.