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Scraped on 03/05/2025, 15:14:53 UTC
Overall, using SegWit addresses will help us to reduce transaction costs, have a better network performance and future-proofing for additional improvements and features for Bitcoin.
I have a question about this specific point. It's true, as you mentioned, that using SegWit addresses helps reduce transaction costs and improve network performance. My question is, why do some exchanges and wallets still use Legacy addresses? So, why aren't they being eliminated? Why do most exchanges still provide users with old addresses?
Because it is more easy for such exchanges to have Legacy addresses because bech32 is more complicated to be added and maintained. Can the Bitcoin community pressure these exchanges to prevent them from providing Legacy addresses?
It is very hard for normal customers to pressure exchangers to add new addresses because which stake do we have in such exchangers? Not much stake for us to have in exchangers as normal customers don't have many opportinities to pressure exchangers. Thanks for repeating stuff that's being posted a million times on the forum, during the last 5-10 years. 
This is a Bitcoin forum, are you trying to convince everyone that Bitcoin is great on a Bitcoin forum? What's the point?
What a bullshit comment. We need to line out and give reasons why Bitcoin is such a good coin because we need to have our arguments sit ready in a discussion. This is a Bitcoin forum, are you trying to convince everyone that Bitcoin is great on a Bitcoin forum? What's the point?
The discussion about Proof-of-Work being superior than Proof-of-Stake is basically over. There's no point trying to convince anyone than PoW is superior than PoS, because we already know that PoW is better than PoS. It's like trying to convince someone that the sun is shining.
But we need to line it out why PoW is better compared to PoS and I was doing it in my post. But do you, me and everyone come to bitcoin for the good things that bitcoin brings or for the profits it brings?
Profit of course because all we need is a good profits and we are in profit currently when Bitcoin has such high prices. If bitcoin becomes stable and no longer profitable, will you and how many others still stay with bitcoin ?
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Bitcoin will remain profitable for a very long time and it is good for us. Original archived Re: Why Bitcoin is such a good coin
Scraped on 03/05/2025, 15:09:54 UTC
Overall, using SegWit addresses will help us to reduce transaction costs, have a better network performance and future-proofing for additional improvements and features for Bitcoin.
I have a question about this specific point. It's true, as you mentioned, that using SegWit addresses helps reduce transaction costs and improve network performance. My question is, why do some exchanges and wallets still use Legacy addresses? So, why aren't they being eliminated? Why do most exchanges still provide users with old addresses?
Because it is more easy for such exchanges to have Legacy addresses because bech32 is more complicated to be added and maintained. Can the Bitcoin community pressure these exchanges to prevent them from providing Legacy addresses?
It is very hard for normal customers to pressure exchangers to add new addresses because which stake do we have in such exchangers? Not much stake for us to have in exchangers as normal customers don't have many opportinities to pressure exchangers. Thanks for repeating stuff that's being posted a million times on the forum, during the last 5-10 years.
This is a Bitcoin forum, are you trying to convince everyone that Bitcoin is great on a Bitcoin forum? What's the point?
What a bullshit comment. We need to line out and give reasons why Bitcoin is such a good coin because we need to have our arguments sit ready in a discussion. This is a Bitcoin forum, are you trying to convince everyone that Bitcoin is great on a Bitcoin forum? What's the point?
The discussion about Proof-of-Work being superior than Proof-of-Stake is basically over. There's no point trying to convince anyone than PoW is superior than PoS, because we already know that PoW is better than PoS. It's like trying to convince someone that the sun is shining.
But we need to line it out why PoW is better compared to PoS and I was doing it in my post. But do you, me and everyone come to bitcoin for the good things that bitcoin brings or for the profits it brings?
Profit of course because all we need is a good profits and we are in profit currently when Bitcoin has such high prices. If bitcoin becomes stable and no longer profitable, will you and how many others still stay with bitcoin ?
[/quote]
Bitcoin will remain profitable for a very long time and it is good for us.