Quote from: cypherdoc on November 22, 2014, 10:00:18 PM

Quote from: brg444 on November 22, 2014, 09:53:29 PM

Quote from: cypherdoc on November 22, 2014, 09:32:21 PM

i've already argued that NO ONE wants these things. that's b/c the primary problem in finance today is fiat MONEY. the 6B that exist outside the US simply want a reliable, secure SOV. little do they know that if they invest in Bitcoin, as it is, they could eventually disrupt the whole fiat USD reserve system and become the world's new elite. even Americans don't want these speculative assets:

This is beyond stupid.

Stop obsessing with speculative assets. Contracts are not speculative assets. Autonomous agents are not speculative assets. Digital assurance contracts are not speculative assets.

You are so shortsighted and shallow you really don't realize the potential of an Internet of Money as if all people care about is money as a store of value.

Autonomous agents, machine trade networks, smart property, smart copyrights. WHO THE HELLS WANTS THAT RIGHT !

Cheesy

no, eventually we do want that.

but first, Bitcoin has to succeed as money. it has to continue to grow using the features that we KNOW have brought us to where we are today: the SOV and money function. before any of those other things are possible, Bitcoin has to become a more widely accepted and used global digital currency that is seen to compete effectively with other fiat currency choices and w/o gvt support. we're not there yet. we are all still early adopters.

Wall St and outsiders are making every argument they can about why BTC is too expensive and why it won't work or why it needs to be fixed. they're all excuses cuz they don't want to buy @ $357. well, that's too bad. all we need to do is hodl and stay the course. eventually, they will HAVE to buy in and take us to the Moon. and then miners will thrive and maintain the security of the MC.

Well then sidechains are a way toward that and in no way do they disrupt the network effect of Bitcoin's money function more than any other alternatives potentially could.

Your concern that sidechains distract us from the money function is asinine. If anything sidechains will create considerable value for the ecosystem which will translate into more demand for the BTC unit.