Post
Topic
Board Bitcoin Discussion
Re: Mempool Observer Topic
by
stompix
on 28/12/2023, 12:46:57 UTC
You don't like the government, you're free to go
Come on, man. Seriously, that is your counter argument?
Here are a few reasons why you are not as free to go as you are in Bitcoin:
~

Yeah , I'm dead serious.
You're ignoring the first issue in this, and the whole decentralization no central node no central entity mirage!
The main problem is not how problematic is to get out, but how easy is to change that so you don't have to pack your bags and do it!
We're talking about a system, actually you brought this up, and made it sound like in a decentralized world your opinion and your voting power means more than in an election...which we don't have! So sell your hoard and get other coin cause it's so simple to do it just sounds ...like raising a middle finger!

The only obstacle, as I perceive it, is the limited number of merchants accepting them.

Limited? Lol!No, the limit is not the number of merchants cause there are millions accepting Bitcoin but the limit itself is that there are no clients for it.
My family shop accepts both visa and cash, do I have 1 million clients as how how many card owners are in the city? No!

And speaking of number of people using it:


How does it feel competing with litecoin, as with dogecoin there is no comparison anymore?
And the other coins, like solana and polygon are out of these league and in one of their own and despite the millions of tx processed somehow, they still work and nobody is crying about spending $200 on a ssd!

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.

Why don't you actually say what you think?
We shouldn't try to fix this as it's going to ruin our golden goose and everyone is comfortable with the $ rather than the utility!
That...till the nokia shares start to slump. Oh , my bad, satoshi price!  Cheesy

Just be honest with it, you care more about the value than the utility and that is.
Lol, do you think I mine for securing the network or other unicorn ideals?

We need to accept that we can't expect BTC to

1- Make us ultra-rich, allow us to transact for dirt-cheap, stay as secure, not to be regulated, and cure cancer. That's just too much to ask and seems like we want everything!

Yeah, spot-on! This is what actually matters for most, right?
So why fix something when we don't need and it might ruin the most important thing we expect Bitcoin to do for us! Brings us more $$$$$$$!


Meanwhile:



Anyone here remember how this was suppose to kill Visa, PayPal and WU?  Grin Grin Grin