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Topic: Decentralized, but very slow adoption OR centralized, but mass adoption happened (Read 1550 times)

legendary
Activity: 4270
Merit: 4534
And this is the reason why Bitcoin will stay decentralized, no matter how hard some stupid CEOs are yelling to make bigger blocks just to create an artificial gateway which is in their favour.

you mean like Adam back(CEO) and Greg maxwell(CTO) of Blockstream. Advocating for 4mb bloat, purely to fit signatures and confidential payment codes. to push people into their gateway of sidechains and offchains, while the community cant even get 2mb of traditional transaction capacity.(yep even segwit cant expand capacity to accommodate such capacity requests).
even if some notable devs did have decentralized morals at one point multiple years ago. they are now under employment contracts and NDA's so they cannot exactly bite the hand that feeds them, and we can no longr think of them as having the same motives of pre-employment as they now have in employment.

yes the spoon fed mantra from core fanboys has lots of hypocrisy, involved.

though i do agree that regulations should exist only for businesses on the outside layers of bitcoin(fiat touching gateways). but that is why im highly against businesses getting too "handsy" and to involved with swaying the direction of bitcoin by paying dev's.

full member
Activity: 222
Merit: 100
to me this is a no brainer, the entire point of crypto is to be decentralized, even if it gets mass adopted, if its controlled by one entity whats the point?
legendary
Activity: 1442
Merit: 1016
Recently we saw some country/city have legalize bitcoin which means could accelerate bitcoin adoption, let merchants accept bitcoin and let people use bitcoin without worry.
But, we also know it means bitcoin slowly become centralized because regulation, user verification, taxes and eliminate anonymous service as well.

So, which one is better, decentralized, but very slow adoption OR centralized, but mass adoption happened? To be honest, i don't know which one is better Roll Eyes

No your comment is not right!
As long as the network stays decentralized, the possibility for regulation only exists for companies who have built their service on top of Bitcoin and have their residence in those countries where regulations got issued.
No one can hinder me to use an open source, free in the internet downloadable wallet with that I can send as much Bitcoin as I want around the globe without the need of AML/KYC.

And this is the reason why Bitcoin will stay decentralized, no matter how hard some stupid CEOs are yelling to make bigger blocks just to create an artifical gateway which is in their favour.
legendary
Activity: 4270
Merit: 4534
So many vote for decentralized but slow adoption. We know the core concept of bitcoin is decentralized, it is the Satoshi Nakamoto's initial idea, so this option is the initiality of bitcoin. Actually slow adoption is better because we can buy chea[er bitcoin for enough time.

core concept appeared in 2013, and meandered away from an open platform for anyone to join and turned into a REKT campaign to push people out that didnt follow a single minded direction of a few paid devs.

satoshi disapeared in 2011.

core and satoshi have no ties
member
Activity: 89
Merit: 10
So many vote for decentralized but slow adoption. We know the core concept of bitcoin is decentralized, it is the Satoshi Nakamoto's initial idea, so this option is the initiality of bitcoin. Actually slow adoption is better because we can buy chea[er bitcoin for enough time.
legendary
Activity: 4270
Merit: 4534
though core is trying to centralize bitcoin by being the sole controller of rule changes and treating any other implementations attempt to add new features as "an altcoin"..

lets instead deal with the other point of this topic..
mass adoption..

knowing Euro is mainstream but you cant buy anything in america with it.. even when euro's are used by more people(in europe) vs americas population combined.
knowing the pound is mainstream but only used by 70million people, which is only 1% of the world
knowing Chinese Yuan is used by a billion people (3 times american population)..
knowing that bitcoin has no borders. so there is no point in the idea of a bitcoin 'country'.

what would people rationally describe as a realistic and achievable scenario that would be defined as the point where bitcoin is "mainstream"
the only answer i can see most centralized/price rising/mass adoption now wannabe's will say is some magic number that is a FIAT value(facepalm)  twice or more times higher then the price they bought it at or twice or more times higher then the price bitcoin is now..

afterall.. a couple years ago the fiat loving centralizing mass adoption advocates said that $1000 was the magic number.. now its $2000-$600,000

what metric would anyone use to consider bitcoin mainstream?
population of users? .. if so how would you measure it
merchant acceptance?.. if so how would you measure it
value of bitcoin?

some people thing the mainstream peak is when media talk positively about bitcoin
legendary
Activity: 1904
Merit: 1074
Mass adoption will be nice, but I am not going to support another centralized network to achieve that goal. You cannot run, before you

learned how to walk. We can keep things decentralized and still learn to run. The internet walked and now it's running.. The price

watchers / speculators will not agree with this slow process, but they are only in this for the short term profits.  Roll Eyes
legendary
Activity: 1148
Merit: 1000
Personally I think we need to find some middle ground. Fighting the system doesn't really make sense because people are the system, you all are the system so it's like fighting yourself. No regulation and user verification equate to more crime, it would be harder to apprehend criminals. Is this something that is acceptable? In return for what? Does decentralization really mean freedom?
hero member
Activity: 3094
Merit: 929
Recently we saw some country/city have legalize bitcoin which means could accelerate bitcoin adoption, let merchants accept bitcoin and let people use bitcoin without worry.
But, we also know it means bitcoin slowly become centralized because regulation, user verification, taxes and eliminate anonymous service as well.

So, which one is better, decentralized, but very slow adoption OR centralized, but mass adoption happened? To be honest, i don't know which one is better Roll Eyes

I choose the first option.Bitcoin should be independent from governments and bank control

even with slow adoption.

If bitcoin becomes more centralized,this won`t be bitcoin anymore,it will be shitcoin. Grin
legendary
Activity: 4270
Merit: 4534
You are overcompensating things. People choose to run the Core software, this means they like the developer team and how they get things done.
Everyone is free to try to improve the software, but of course it needs to go under revision by experts, as you have been told, if we let every idiot out there push their code into the project it would be a disaster, specially when there are tons of trolls trying to ruin Bitcoin out there.

and i ask all those thinking the debate is just about what "team" to trust.

will you be ok with a core team release of 2mb.. or be part of the rekt campaign to push that implementation into obscurity due to it not being a blockstream domination plan.

again worded differently though, by being done by the team you love. will you then finally accept it as a option the community should happily download. or reject it due to fear of core losing central control by offering a feature that other implementations already offer, making core on a level playing field with other implementations by allowing the community true freedom of choice without bias..

as always for core fanboys, its never about the code, never about the feature. its all about core controlling the decisions to centralize bitcoin
legendary
Activity: 1610
Merit: 1183
Obviously we must choose decentralized and slow adoption. What use does Bitcoin have if the network becomes centralized? This is why we must keep supporting Core. They are conservative, the progress is rather slow but it is solid and well thought, no improvisation and keeping the network decentralized is the priority.

lol delaying freedom of choice with words like year development and year grace period.. is not cautious security.. but delay/avoidance tactic to then push through their own rules that doesnt even need 6000 nodes to upgrade/consent to, and activated in under a year

analogy:
"we dont want to get into a car to go to the shop, so we think it will take 2 days to walk it and avoid car crashes.. but we want to invent a motorbike with an invisible side-car and will get to the shops in one day"

core is centralized. (even you admit they are a powerful team)
core is centralized. (a dozen paid coders and 90+ spell checkers doesnt make them decentralized)

much like UK parliament where 650 MP's live in different towns but make decisions together, is not decentralized
much like US government where senators live in different towns but make decisions together, is not decentralized
but core has become the prime minister/president that can sway the debate in their direction, veto and disregard.

in short..
if your are defending the power a group has about the rules.. its not decentralized.
every group should be on the same level in regards to the consensus

as for the social preference of which implementation. then that is not about the rules, but about the function, speed, errors, GUI interface and openness of each team. (total different argument to the consensus mechanism)

You are overcompensating things. People choose to run the Core software, this means they like the developer team and how they get things done.
Everyone is free to try to improve the software, but of course it needs to go under revision by experts, as you have been told, if we let every idiot out there push their code into the project it would be a disaster, specially when there are tons of trolls trying to ruin Bitcoin out there.
legendary
Activity: 966
Merit: 1006
Better to see bitcoin decentralized and remain anonymous till it survives or forever. Current adoption level is even enough to hold high price for bitcoin and as bitcoin is listed in trading platform many traders are actively buying bitcoin to hold for future. Adoption will surely increase in future, no need of any bank or company buying bitcoin for quick adoption.
legendary
Activity: 1946
Merit: 1137
Recently we saw some country/city have legalize bitcoin which means could accelerate bitcoin adoption, let merchants accept bitcoin and let people use bitcoin without worry.
But, we also know it means bitcoin slowly become centralized because regulation, user verification, taxes and eliminate anonymous service as well.

i don't agree with the start of your post.
in my opinion making bitcoin legal or in other words regulations doesn't mean bitcoin is becoming centralized. we are all living in a society so we all have to obey the rules even if they are not to our liking like paying taxes but that doesn't make it centralized by any means.

Quote
So, which one is better, decentralized, but very slow adoption OR centralized, but mass adoption happened? To be honest, i don't know which one is better Roll Eyes

decentralization is one of the best features of bitcoin and if it is lost/removed then a big part of bitcoin is lost. so a decentralized and slow adoption is a lot better.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
Recently we saw some country/city have legalize bitcoin which means could accelerate bitcoin adoption, let merchants accept bitcoin and let people use bitcoin without worry.
But, we also know it means bitcoin slowly become centralized because regulation, user verification, taxes and eliminate anonymous service as well.

So, which one is better, decentralized, but very slow adoption OR centralized, but mass adoption happened? To be honest, i don't know which one is better Roll Eyes
You're already having the answer because everything is your mentioned is having the advantages and disadvantages... and so all of the answers will be vague for me.... but what about the subject of your question if this is about bitcoin and if that is centralized and that's not different with fiat and what the people is need for making bitcoin in this day?
legendary
Activity: 1806
Merit: 1024
[...]

So, which one is better, decentralized, but very slow adoption OR centralized, but mass adoption happened? To be honest, i don't know which one is better Roll Eyes

If you don't know that you're probably wrong here. Bitcoin without decentralization is the same like fiat using Paypal. Bitcoin's value is destroyed in the process.

I also don't understand why you think that mass adoption rules out decentralization. Please explain.

It makes me sad to see an ever increasing number of Bitcoin users pouring into this forum, who are solely focusing on Bitcoin fiat price valuation and mass adoption without caring about Bitcoin's essential property as a decentralized currency. Such people are apparently clueless of why Bitcoin has value at all. In my opinion these people can not be considered true Bitcoiners, they are just fiat scam money speculators. I don't mind if they leave, because they are perverting the original idea behind Bitcoin.

ya.ya.yo!
legendary
Activity: 1106
Merit: 1005
If it's centralized, there's no benefit over the banks, and it wouldn't matter if it's mass adopted, because they would still rob you blind.

The biggest strength of bitcoin is the fact that it's decentralized. If you take that away, bitcoin is worthless.
full member
Activity: 236
Merit: 250
I am concerned with mass adoption right now.  I think if that would happen, it may burn it out.  If it is adopted through out the world, then there will be regulations put in place to protect as our government sees fit.  For this, I am sure they will want some sort of fee, which case I think will start to crash the system as we know it.  Just my opinion.

newbie
Activity: 42
Merit: 0
It's your bizarrely worded descriptions that led me to believe that it's an independent fork. Maybe if you weren't using massively exaggerated rhetoric to report it, there would be no confusion.

It's pretty obvious that whatever the Core team have discussed in relation to increasing the base size is not happening any time soon. You're trying to create a false equivalency: doubling the base block size in 2018 is not the same as doing it 2015, as you foolishly advocated. Give it up, you're more interested in me and what I think than you are in progress in Bitcoin, it seems.

I completly agree with your words.
legendary
Activity: 3430
Merit: 3079
It's your bizarrely worded descriptions that led me to believe that it's an independent fork. Maybe if you weren't using massively exaggerated rhetoric to report it, there would be no confusion.

It's pretty obvious that whatever the Core team have discussed in relation to increasing the base size is not happening any time soon. You're trying to create a false equivalency: doubling the base block size in 2018 is not the same as doing it 2015, as you foolishly advocated. Give it up, you're more interested in me and what I think than you are in progress in Bitcoin, it seems.
legendary
Activity: 4270
Merit: 4534
Franky, the very fact that you are, and have always been, the sole source of this information about Luke-jr wanting to start an independent fork of Bitcoin makes me suspicious. You're the only one shouting about it at the top of your voice, and you're not very reliable.

gmaxwell mentioned it (your best bud)
luke himself mentioned it
mining pools mentioned it
adam back (another friend of yours) mentioned it

they all had a few meetups and stuff to discuss it. (many round tables)
so its not secret knowledge. its just you want to fail at pretending you dont know so you can avoid answering, yet over many months you have been very vocal about the details to show you do actually know about it.

so grow some balls..
will you rekt luke when he releases the 2mb code? again remember its CORE CODE, not independent code.

will you defend luke JR and say he is part of core and the code is vetted by the team.. so its acceptable
or will you REKT luke..

im presuming you will REKT luke because you accidentally tarnished core code made by core team member as "independent".. oops you slipped up and revealed your mindset.
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