Post
Topic
Board Bitcoin Discussion
Re: Mike Hearn Leaves Bitcoin
by
franky1
on 15/08/2024, 11:08:35 UTC
This might be an ill-informed question, but I came across this recently and was wondering how we feel about BTC upgrades/improvements?

It feels like BTC is now chasing fiat gains over building a global p2p economy, hoping that lightning network or some other L2 solves the scaling problems for non-custodial transactions.

https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7

Yeah. I remember when good 'ol Mike Hearn used to spread FUD about Bitcoin that it was a "failed experiment". It's now 2024 and Bitcoin is bigger and stronger than ever. Market prices are a lot higher than they were a few years ago. Mike missed out the opportunity to cash out big time.

mpoletiek asks about the upgrades/"improvements".... but abiky mentions the market prices(chasing fiat gains)

the blockchain continues and there is a market. but when a developer talks about the development of bitcoin having issues (centralised dev group acting like a monarchy, where they have softened the verification rules and other things which have allowed 4x bloat whilst not really 4x the transaction count), should show that bitcoin has not developed effectively in the last 7+ years