Topic: If you want to know why I hate the dev team and how they treat Bitcoin... - page 6. (Read 8746 times)

I can't blame the devs for being a bit overly cautious.  They started off suggesting that users use online wallet services, and that was a spectacular failure.

Subsidized miners (those who operate some scheme on GLBSE) will accept even zero fee transactions.
Added to that pool operators block the free market mechanism from operating.

Mmmm, I think people's transactions not going through would be a significant message. Maybe the fees are in the right place?

No it's not because there is no convenient mechanism for miners to make their demands public.
Instead mining is substituted using ponzi schemes (mining bonds). 

We already are in a free market. The world has always been a free market.

It's just the bids and asks are higher than what people think they should be.

Transaction fees.

Huh, its almost like Free Market philosophy is fundamentally flawed, and without regulation, the biggest and richest entities will always hold absolute power.

Atlas, why is your 'Ignore' link highlighted?

 

Atlas, why is your 'Ignore' link highlighted?

 

Everybody with a controversial posting style or the ability to form ones own opinion here has that. I consider it honorable  

It is beautiful that people in that thread want a client that doesn't contribute to maintaining the network. According to libertarians people who live off the hard work of others while contributing nothing themselves are leeches. Atlas and pals don't want a "light client" they want a "leech client".

It is going to be a train wreck either way.

The current client is a huge turnoff to curious newbies -- you download the thing and then spend hours or days downloading the block chain. That is a problem when you expect a couple billion newbies to join the network in the next few years.

If you create a leech client, then most people will opt to be leeches, leaving only dedicated miners running the full client. As the difficulty rises and the rewards shrink, more and more small miners will drop out. Eventually most of the nodes will be concentrated in the hands of a very few people with expensive ASIC rigs. That undermines the whole structure of Bitcoin. The rules can be changed if the majority of nodes agree. People who have invested heavily in mining want to keep mining forever, it is not in their best interest for mining to stop at 21 million coins. Yeah, transaction fees are supposed to take over for mining rewards at that point, but the few people running very powerful nodes may decide they want transaction fees AND rewards.

Not that I disagree, but also note competing against a popular branch is an uphill, likely losing battle because of resources dedicated to it. That's largely the fear against power consolidation with a Bitcoin Foundation. Often it's more effective to fight for changes than go off alone.

Second, you're a Randian, yet you want to use the bitcoin network with a client that doesn't help maintain it?  You want to profit off the work of others without giving anything back.  

Then you should help out, or fork your own branch.  Sorry, it's open source, the devs can do what they like, and if you lack the knowledge to stop them, its your own problem.  That's the Free Market for you.

If you can't be bothered to learn the necessary skills, hire someone to do it for you.

http://www.reddit.com/r/Bitcoin/comments/10wlva/so_how_long_until_the_bitcoinqt_diskio_tipping/

It's shit like this. They want every user to be a verifying node regardless of their technical proficiency and what the end user wants out of Bitcoin.

When a user complains about the program using excess resources while being verifying node, the devs and some others often strikeback with a sense of entitlement "You should help out. If you don't like it, leave. Come back when the tech is better."

The tech IS better guys. There are thin clients and ewallets that resolve this but you deride them and continue to work on a vision of software nobody wants. It's rather limiting for Bitcoin as a whole. Can you imagine how many people have dumped Bitcoin because Bitcoin-Qt/Bitcoind continues to be a slow, overburdened pain in the ass?

It's very clear: This desktop-based vision for Bitcoin is one of Autism and general lack of ingenuity.

If you want to know why I hate the dev team and how they treat Bitcoin

Dev team and how they treat ... WHAT SPECIFICALLY ...

Then you should help out, or fork your own branch.  Sorry, it's open source, the devs can do what they like, and if you lack the knowledge to stop them, its your own problem.  That's the Free Market for you.

If you can't be bothered to learn the necessary skills, hire someone to do it for you.