Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
brg444
on 14/11/2014, 18:18:22 UTC
oh brother.  never mind the fact that by Blockstream changing the source code, all other competing entities like CP, Bitshares, Ethereum, and all altcoins get put at a competitive disadvantage.  which is one of the stated objectives to begin with if you are paying attention. 

you and several others have already stated in the course of arguments that Blockstream is a way for devs to get paid.  and you said they would deserve to make millions off Blockstream as it would somehow bring along value to Bitcoin itself.  i don't see it.  it's a conflicted model with a false core assumption:  that being that BTC units can be separated from its blockchain (MC) and still preserve the Sound Money function.

All the competing entities previously using a different scheme can turn to sidechains and offer the same services that Blockstream do. What's to stop Vitalik and the gang from creating Blockstream2?

If it shows to be the more promising technology/implementation, why would they not use their employable skills to build on top of it?

As for your last comment :

Considering this, I suggest you sell all of your bitcoins as soon as possible because from you logic we can deduct that Bitcoin is broken because it natively enables sidechains which, by you own statement, "destroys" Bitcoin's Sound Money principles.