There's no such thing as "perfectly written" when the article is completely out of touch with reality, unless you're evaluating it as a work of fiction.
You can't just make shit up and expect to be taken seriously when we've got objectively measurable standards to compare to.
You say Bitcoin has existential flaws that are hindering its adoption?
Prove it.
There are lots of things we can objectively measure in the Bitcoin network - number of wallet client downloads, blockchain.info wallet users, transactions on the network, etc.
Oh, so all those metrics are still increasing exponentially, consistent with an adoption curve that apparently doesn't give a shit about your pet concern? No wonder all you've got is rhetoric instead of evidence.
Topic: MUST READ article on our bitcoin future - page 2. (Read 4726 times)
This is perfectly written. I tried recently to write an article addressing a few of the issues the author raised and was met by a barrage of criticism, so I understand why the author says that people will not like what he is saying. But it is true. I do think the larger bitcoin community need to discuss rationally the coins future, and how we all can be helping it along. Here here......
I think the point many of you are missing is that we've gotten away from the ideals bitcoin was under-- namely to stop the greed of the big banks and reclaim our monetary system. However, most of the community only cares about pump and dumps, insider trading and manipulation. Most are just as bad if not worse than what BTC was rebelling against. The article doesn't pretend to have any answers, but aims to open up a dialogue on how to continue to grow this community before we all eat each other alive.
I can't control what other people do, I can control what I do. Are there ignorant, greedy, untrustworthy people in the Bitcoin "community" (and I use the term loosely). Absoluete. Last time I checked there are ignorant, greedy, untrustworthy people in the human race.
I am not going to eat anyone alive, nobody is going to eat me alive either. I will wakeup each day and go to work trying to improve the services our clients have come to rely on. In my free time I try to break complicated concepts down to a level that a non-developer can understand. Based on feedback it seems I am succeeding at least part of the time at both. What "everyone else" does is beyond my sphere of influence.
So who is the "open dialog to"? The people who are ignorant, greedy, and dishonest, who I would imagine aren't going to be receptive? The people who are not and thus it is just preaching to the choir?
I think the point many of you are missing is that we've gotten away from the ideals bitcoin was under-- namely to stop the greed of the big banks and reclaim our monetary system. However, most of the community only cares about pump and dumps, insider trading and manipulation. Most are just as bad if not worse than what BTC was rebelling against. The article doesn't pretend to have any answers, but aims to open up a dialogue on how to continue to grow this community before we all eat each other alive.
This. This 1000x. We can change and make bitcoin better.
http://www.bitcoinsachs.us/editorials/we-need-to-talk/
http://www.bitcoinsachs.us/editorials/we-need-to-talk/
While I don't disagree with anything in the article it is simply a restating of what is "wrong" with the crypto-currency movement without any agenda or plan to improve it. There author says there should be more focus on education. Ok. I don't think many people will argue with that. So what is the authors plan? Is this article the launching of the first in a twenty part education video aimed at crypto-currency novices? No. The author proposes and has done nothing to provide education.
On the other hand you have people like Andreas who simply decided (without the need for self aggrandizing speech about what is wrong) to start actually ... educating people.
One article, one podcast, and one tv appearance at a time. His large number of podcasts and articles got him invited to speak at conferences and that has led to media outlets asking him to speak on the air.
Most recently: http://www.youtube.com/watch?v=AJ1yWihBNA4
I will take one Andreas over 100,000 articles linked in the OP. Did the author in the article forget about people like Andreas or was it just not convenient to the narrative, which paraphrased is "Bitcoin sucks and only I can see it"?
This article makes sense, but then also shows the point why we can't do anything.
The demographic, white college educated males under 30.... The majority of people in that demographic have massive student loans, are unemployed, have shit jobs, don't own any major companies that they could accept bitcoin with, lack powerful connections, you get where i'm going with this.
Bitcoin and litecon mining, trading, etc, is really the only legal option for many of us to try and make some decent extra income or if luck has it become wealthy.
Its bighead syndrome. When people have a knowledge others do not they get inflated opinions of themselves and don't understand not everyone is as great as them.
The demographic, white college educated males under 30.... The majority of people in that demographic have massive student loans, are unemployed, have shit jobs, don't own any major companies that they could accept bitcoin with, lack powerful connections, you get where i'm going with this.
Bitcoin and litecon mining, trading, etc, is really the only legal option for many of us to try and make some decent extra income or if luck has it become wealthy.
"We have continuously alienated new people by being curt or just assholes."
This happened in spades last week when I went to Litecoin forum and asked for help with my mining rig.
I all but got humiliated, mocked, and kicked in the ass as I ran out the front door while everyone was laughing.
Seriously. All because I didn't know what I was doing with my troublesome hardware setup.
Anyways, thats not the point of the article.
Big +1 on everyone reading this article.
Good find.
-B-
This happened in spades last week when I went to Litecoin forum and asked for help with my mining rig.
I all but got humiliated, mocked, and kicked in the ass as I ran out the front door while everyone was laughing.
Seriously. All because I didn't know what I was doing with my troublesome hardware setup.
Anyways, thats not the point of the article.
Big +1 on everyone reading this article.
Good find.
-B-
Its bighead syndrome. When people have a knowledge others do not they get inflated opinions of themselves and don't understand not everyone is as great as them.
Sincerely I over-estimated Bitcoin development.
Unlikely (at least based on your examples)
Quote
Protocol is immature, it has duplicate fields adding to traffic,
Please name some specific examples along with an analysis of the % bandwidth savings. Compare that to the cost of a hard fork in terms of risk.Quote
it has no SSL
Why would you SSL something which is public knowledge?
SSL is useful to either protect privacy (the blockchain is public information) or to authenticate the other party (which in this case is an anonymous peer).
Quote
it is dependent not on medium-speed solver but on the fastest solver breeding with inevitable consolidation - pools or one megapool.
This was Satoshi solution since v0. The idea that proof of work would simply be dropped in v0.8 is kinda silly. If your goal is for a consensus system that doesn't use PoW you shouldn't be looking at Bitcoin. At this point that is one aspect which will never change.
Quote
the vanilla wallet is understandable to developers only
120K or so people would disagree with you. Of course YOU have already developed and release a superior wallet right? What was that link?
Quote
blockchain is just a concatenation of blocks with no compression or any sorting done.
Blocks are sequential. What other sorting would be beneficial? Alphabetical? The UXTO is index which is the subset of the blockchain used in validation.
As for compression. Try compressing the blockchain let me know what you find out. Hint: cryptographic hashes are indistinguishable from random values and thus are incompressible.
Quote
Seriously stop playing money and start making solid software.
What development have you done for Bitcoin? No need, I already know the answer.
Agreed, OP. Well said by BitcoinWife.
I see the same thing on the Star Citizen forums (another boy's club).
The problem basically all comes down to the extremely fucked up way our culture socializes young boys.
Watch this:
https://www.youtube.com/watch?v=hc45-ptHMxo
I see the same thing on the Star Citizen forums (another boy's club).
The problem basically all comes down to the extremely fucked up way our culture socializes young boys.
Watch this:
https://www.youtube.com/watch?v=hc45-ptHMxo
Communities like this combine the sainted combo of a youtube comments box and shit tons of money and greed.
Historically that's rarely been a recipe for a band of cheerful souls spreading the love.
As a protocol and currency it's lovely. If you choose to start participating with (some) of the people involved it's not going to do your mental health much good.
Historically that's rarely been a recipe for a band of cheerful souls spreading the love.
As a protocol and currency it's lovely. If you choose to start participating with (some) of the people involved it's not going to do your mental health much good.
Will PM it. Didn't mean to hijack this thread.
"We have continuously alienated new people by being curt or just assholes."
This happened in spades last week when I went to Litecoin forum and asked for help with my mining rig.
I all but got humiliated, mocked, and kicked in the ass as I ran out the front door while everyone was laughing.
Seriously. All because I didn't know what I was doing with my troublesome hardware setup.
Anyways, thats not the point of the article.
Big +1 on everyone reading this article.
Good find.
-B-
This happened in spades last week when I went to Litecoin forum and asked for help with my mining rig.
I all but got humiliated, mocked, and kicked in the ass as I ran out the front door while everyone was laughing.
Seriously. All because I didn't know what I was doing with my troublesome hardware setup.
Anyways, thats not the point of the article.
Big +1 on everyone reading this article.
Good find.
-B-
Sorry for that. Normally the answers are quite nice.
Do you have a link?
Sincerely I over-estimated Bitcoin development.
Protocol is immature, it has duplicate fields adding to traffic, it has no SSL, it is dependent not on medium-speed solver but on the fastest solver breeding with inevitable consolidation - pools or one megapool. Haste makes waste indeed...
Software is immature for 0.9 version (unless they will go 0.10 etc), the vanilla wallet is understandable to developers only, blockchain is just a concatenation of blocks with no compression or any sorting done.
Same is the community - naive developers with fastcash noobs and scam crooks, all in sauce of greed (just look at the bullshit 'innovation' Ver proposes in-place of protocol optimization and software optimization).
All because of greed (or staring at the charts), I'm sure we would see more real innovation and optimization if Bitcoin would cost $0.1...
We already see the results of everyone being greedy - malleability transactions returned and bit us in the ass. Same will happen with other things from the list of bugs and vulnerabilities.
I'm not saying it's so bad, but the evangelists really outdone themselves in promoting cool new software which is not as solid as they say.
Seriously stop playing money and start making solid software.
Protocol is immature, it has duplicate fields adding to traffic, it has no SSL, it is dependent not on medium-speed solver but on the fastest solver breeding with inevitable consolidation - pools or one megapool. Haste makes waste indeed...
Software is immature for 0.9 version (unless they will go 0.10 etc), the vanilla wallet is understandable to developers only, blockchain is just a concatenation of blocks with no compression or any sorting done.
Same is the community - naive developers with fastcash noobs and scam crooks, all in sauce of greed (just look at the bullshit 'innovation' Ver proposes in-place of protocol optimization and software optimization).
All because of greed (or staring at the charts), I'm sure we would see more real innovation and optimization if Bitcoin would cost $0.1...
We already see the results of everyone being greedy - malleability transactions returned and bit us in the ass. Same will happen with other things from the list of bugs and vulnerabilities.
I'm not saying it's so bad, but the evangelists really outdone themselves in promoting cool new software which is not as solid as they say.
Seriously stop playing money and start making solid software.
In summary:
Collectivist wants a circle jerk of friends to get along and play nice.
Try moveon.org or go join a fraternity or something.
Bitcoin is a currency. Not a club.
Collectivist wants a circle jerk of friends to get along and play nice.
Try moveon.org or go join a fraternity or something.
Bitcoin is a currency. Not a club.
This is why I love Zetacoin and know it will succeed. The people behind have revolutionary thinking. They can lead us into not only making bitcoin stronger, but more sustainable.
Go suck their dicks then retard
and get the fck off this forum
This is why I love Zetacoin and know it will succeed. The people behind have revolutionary thinking. They can lead us into not only making bitcoin stronger, but more sustainable.
Why must every thread have at least one of these painfully obvious alt coin pump posts?I agree this is annoying.
(btw check out AnnoyingCoin it's the future!)
This is why I love Zetacoin and know it will succeed. The people behind have revolutionary thinking. They can lead us into not only making bitcoin stronger, but more sustainable.
Why must every thread have at least one of these painfully obvious alt coin pump posts? 
I agree with the parts about more focus being placed on infrastructure, products, and services, along with making more information and help available to newcomers. But as usual, talking about government regulation being needed without any idea of how that would be implemented effectively makes me lose interest in the overall message. It doesn't matter how many people say we need regulation, unless a single person could tell me how it could actually be done without killing the currency by turning it into some bureaucratic quagmire, I'm not interested. Because that's what it would turn into. An absolute, unmanageable clusterfuck of red tape and government manipulation.
Also, anyone who actually understands the point of decentralised money would instantly jump ship to another unregulated currency.
Also, anyone who actually understands the point of decentralised money would instantly jump ship to another unregulated currency.
Amen.
It has been a struggle to evolve a culture when so many are always streaming in. Especially when so many newbies have misunderstood what they are in for. They heard in the news that they can get rich making tax free on their PC. Once here they get distracted by scams or irrelevant side projects. No wonder they leave frustrated.
It has been a struggle to evolve a culture when so many are always streaming in. Especially when so many newbies have misunderstood what they are in for. They heard in the news that they can get rich making tax free on their PC. Once here they get distracted by scams or irrelevant side projects. No wonder they leave frustrated.
"We have continuously alienated new people by being curt or just assholes."
This happened in spades last week when I went to Litecoin forum and asked for help with my mining rig.
I all but got humiliated, mocked, and kicked in the ass as I ran out the front door while everyone was laughing.
Seriously. All because I didn't know what I was doing with my troublesome hardware setup.
Anyways, thats not the point of the article.
Big +1 on everyone reading this article.
Good find.
-B-
This happened in spades last week when I went to Litecoin forum and asked for help with my mining rig.
I all but got humiliated, mocked, and kicked in the ass as I ran out the front door while everyone was laughing.
Seriously. All because I didn't know what I was doing with my troublesome hardware setup.
Anyways, thats not the point of the article.
Big +1 on everyone reading this article.
Good find.
-B-
Jump to: