This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.
Gold is up because it solved its block size problem.
you've fallen into Gavin and Mike Hearns govt. doublespeak language trap, there is no "blocksize problem" ... there are only transaction capacity challenges that are largely solved and are being implemented and technological growth constraints that can be adequately worked with.
You are correct that it is a transaction capacity problem. I didn't realize it was largely solved and being implemented.
A few points of clarification please.
What transaction capacity is needed?
Being that the transaction capacity challenges are largely solved, would you please list what those solutions are?
What is the timeline for the implementation of these solutions?
What will be the transaction capacity be when these solutions are implemented and how does it compare to the needed transaction capacity?
Thank you.
Thanks, 70 hr work weeks leave my brain a bit mushy. At least I can be on BCT for some of that time. I remember starting to read that 12/7 writing by Maxwell and then merely bookmarked it and never got back to it. The FAQ puts things in an easier format for me. It is now bookmarked