Quote from: Odalv on November 24, 2014, 08:00:34 PM

Quote from: cypherdoc on November 24, 2014, 07:41:15 PM

Quote from: Odalv on November 24, 2014, 07:28:30 PM

Quote from: cypherdoc on November 24, 2014, 07:08:42 PM

Quote from: Odalv on November 24, 2014, 06:57:10 PM

Quote from: cypherdoc on November 23, 2014, 06:24:07 AM

Quote from: NewLiberty on June 28, 1974, 05:04:08 PM

The cynic in me would consider whether all the trolling you are doing here is for the benefit of the Blockstream investment pool to get some low-cost Due Diligence work out of us. The sort of analysis you are getting from some of the folks here is pure gold. Wink

And my advice to Blockstream investors is to shut the company down now while you still have a chance and buy $21M worth of bitcoin right now while we're at a long term bottom.

The reason? There's no way in hell any ~~bitcoin~~ company will ever be able to outperform the BTC currency.

Maybe farmer do better if he stops farming ... sells everything and only buys bitcoin.

Same must be best for merchant. He has to sell all goods and only buys bitcoin.

maybe so.

what investment in the world has done better than Bitcoin since its birth in 2009? answer: nothing.

plus, given all the fiat that has been and is being wasted in Bitcoin startups, altcoins, appcoins, that is how you tell we are not in a bubble.

If we all stop working and we will be only waiting then there will be nothing you will be able to buy with bitcoin.

you're smarter than this. i'm not talking about absolutes here where everyone would want to invest in Bitcoin. i'm talking about Bitcoiner's; the one's who care about this stuff we're doing here.

as Adrian says above, those farmers will always love farming. that is what they do best. however, if Bitcoin takes over as the global reserve currency and farming becomes denominated in BTC, their lives will improve orders of magnitude. look at them now; forced to hedge continually in financial markets through rigged futures markets that are just as volatile and unpredictable as Bitcoin. all those business cycles they have to endure all facilitated by fiat printing by the Fed. all that shit would go away with Bitcoin as sound money.

those crypto anarchists from Blockstream will always love to improve crypto currency. that is what they do best ... and they was building crypto for
decades.

SC is really amazing idea. SCs + MC together create great new blockchain 2.0. So try to look at it "block-chain-2 = MC + N*SC". And BTC(currency) is not separated form block-chain but they found a way how to improve old block-chain.

I don't think you are reading everything posted here. The core Bitcoin deves working at BlockStream do not sound like crypto anarchists quite the opposite.

Your eg. has merits but you are overlooking the mining that creates the MC does not encompass SCs. As far as the security incentives are concerned SCs are separated from the blockchain.