users have the one thing that has made Bitcoin great for them being taken away; fast, easy, cheap payments.
You know what they say about kids, the truth comes out of their mouth. Seems old folks can't help but to spread lies and rewrite history.
It says everything about your character that you have
travestied your traditional view of Bitcoin as sound money to support your block size position.
Retail acceptance of Bitcoin is irrelevant to its strength as a SOV. Either way, you have done nothing to disprove my argument.
how so? by wanting Bitcoin to replace gold as sound money? by understanding that key to achievement of that goal is for Bitcoin to be easily used/accessed cheaply by everyone worldwide? by understanding that something virtual and intangible has a higher bar to clear to replace the physicality of gold as a SOV?
you'd better go back to school while you're young enough.
Bitcoin can replace gold as sound money without having to subsidize every transactions so they are affordable, cheap and accessible to every soul on earth.
More accessible rarely, if ever, means more valuable.
Bitcoin will succeed by attracting the most capital it can, not necessarily the most users. .
There is more economic incentive to secure and decentralize a network with 1 M users holding 10T$ worth of wealth than 1 B users under a 100 B$ market cap.
no. Bitcoin has always been about being your own bank and taking individual responsibility for your money. it's the ppl's money and about moving control of that money away from gvt. it's about removing unfair subsidies to large entities and returning incentives and fairness to the individual.
therefore, the more individuals and ppl that use Bitcoin, the more decentralized and more powerful the outcome.
Again, individuals, on their own, do nothing to improve the strenght of the network. It is the capital that they bring to the table that is valuable.
I'm sorry but 100 million poor users will do little to further decentralize the Bitcoin network.
I may not support every statement behind this blog post but you really need to read this if you haven't:
http://cascadianhacker.com/blog/2015/04/24_bitcoin-needs-no-changes-to-destroy-your-world.html and this
Bitcoin not suitable currency for pervasive dominance, pushing it into every heart&mind around globe no different from religious zealotry
http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009831.htmllol, what a piece of junk article. just another MP regurgitated screed.
what's really laughable is watching little kids like you, Michael Goldstein, & Pierre Rochard dream of becoming Kings. look, i'm already a 1 percenter and was long before Bitcoin came around. yet i seem to see more fairness in Bitcoin's potential than you guys. whodathunk? i find it sad that youngsters like you can't see what's better for humanity.
furthermore, i guess you're admitting that the 1MB choke is exactly what you want; it is meant to be
forever. for you, it's about boxing out the masses and making them pay you homage.
