To the people in this thread suggesting that XT is an attack (or bad in some other way): is this because you think that we should only have one implementation of the protocol (Core), or do you support multiple implementations (just not XT)?
If Bitcoin XT would wreck their BIP101 project everyone would be fine with it. Sure, if someone wants to run blacklists and what not on their nodes who are we to stop them
But right now they're trying to fork the protocol, that's a big no-no
What are you going to do when another implementation will try to fork the protocol with 50% subsidy instead of 75%? Or no subsidy at all, Just an aggressive fork by the big players that needs big blocks? Me think it is just a question of time for it to happen. I hope your ass is ready.
It will be a good show for sure.
You mean create an altcoin?
You do realize you little XT coup didn't succeed in garnering anything more than 10% nodes support? (if that)
Yeah good luck with that
The big players (no I'm not talking about the vulture capitalists and banking parasites) are perfectly fine with Bitcoin as it stands
Call it an altcoin as much as you like. But what are you going to do when the major economic players will call their altcoin "bitcoin" to their mainstream customers?
Can't wait for your answer.
Mainstream customers don't give a fuck about Bitcoin already
You think that's gonna change because a couple of banks get together and start promoting it?
"Here's FIATcoin, it's just like cash but we can trace it anywhere and seize it at our convenience. In exchange for whatever economic freedom you had left we'll give you.....ermm free transactions?"
You know this thing exists already right? It's called Ripple. It hasn't fared so well
Goddamn you're a genius aren't ya
TIL brg444 thinks bitcoin will be a world reserve currency that the mainstream won’t care and the vulture capitalists and banking parasites will stay away. Somehow he manage to think bitcoin will go to the moon.
lol k.
Mainstream don't care about gold yet it's a trillion dollar asset. Explain that you smartass.
Don't get me wrong, you and your consumers buddies will use bitcoins, just not its blockchain. Since you don't care about decentralization and censorship-resistance the banks are already setting things up for you and will welcome you with open arms.
See here :
www.circle.com ;
www.coinbase.com.
Gold is a trillion dollar asset because banking parasites hedge their worthless fiat with it.
You know very well that I do care about decentralization and censorship-resistance of bitcoin but I also do believe the free market will keep it that way even with big blocks.
Small blocks and off chain solution is the best way to allow your banking parasites to use bitcoin off-chain with all the censorship you dislike while making the usage of the decentralized blockchain so expensive that you and me will not be able to use it. At that point, will you run a cheap node for them so they can settle their off-chain interbank transactions?
Oh yes sure, the magic of the free market!
Let's not stop anyone from cutting down the whole Amazon trees for pastures or w/e, the free-market will take care of it!
No need for big game hunting regulations to protect endangered wildlife either! FREE MARKET!
Environmental regulation? Pollution!? Who told you you could mess with my free market!? It's got this under control
Seriously
Do you even believe the stuff that you write?
BTW if you weren't stupid enough to have sold your bitcoins you likely would've had enough to use it forever. Don't miss the chance to buy back cause then you might indeed be priced out
Either way when LN, voting pools and other transactional layers will be up and running I won't think twice about using them. Do you realize how fucking inefficient and clumsy this Bitcoin blockchain is? Such a pity we're stuck with this
(yes I do mean stuck as in: no, you don't get to change it "to make it more like VISA")