Quote from: cypherdoc on November 16, 2014, 06:21:00 AM

the Blockstream bounty still applies btw Cheesy

nothing you've said has changed my mind. in fact, its all crystallized it for me.

You cook the stuff yourself?

Quote from: cypherdoc on November 16, 2014, 06:21:00 AM

allowing the exit of BTC from its secure blockchain via the SPVproof breaks the whole concept of the Sound Money function of Bitcoin in my book. whereas ppl would have been forced to buy into BTC to participate in Bitcoin, now they will be able to buy all sorts of SC speculative assets which will be derivatives of BTC, whether they be on federated servers or decentralized SC's. Bitcoin won't be Bitcoin anymore thus ppl should willingly do this as BTC really won't have the ability to appreciate anymore as it will no longer represent Sound Money. in essence, i see these speculative SC's, which Blockstream will be creating for fees, to be inflationary. their ledgers will be hidden and opaque and insecure as i doubt they will be mined as MM has a limited capacity.

You sound like Peter Schiff with the appeals to the 'Sound Money' sloganeering.

Anyway p2sh and the multi-sig support and such is far more significant protocol level stuff than the modest proposals to better support sidechains. If all that stuff doesn't turn Bitcoin into 'Funny Money' (note the capitalization appropriate for religious-tinted dogma) then I don't know what does. That didn't kill Bitcoin. I myself was actually concerned that it would, but not for phony-baloney economic reasons.