#nostr #bitcoin #freedom #rogerver
WORTH YOUR TIME TO LEARN ABOUT ROGER VER.
Discussion
He released a Hijacking Bitcoin book which explains how BTC has been crippled and became useless as a p2p currency.
Bitcoin Cash works as p2p cash and is blazing fast
Hello, I think he was talking about Monero. For more privacy and Freedom. But mostly he was talking about how bitcoin was hikacked and made worse, not what Satoshi envisioned. Freedom, privacy, cost to do a p2p transaction, and fungibility are critical.
I would say its super important to learn about the blocksize wars.
Users chose smaller blocks to preserve decentralization.
Block sizes should change dynamically as conditions change.
Then use Monero. That's how it works. Bitcoinners chose different trade offs.
Nothing is free. Larger block sizes lead to centralization and would break bitcoins security model.
Are we really supposed to just chill at this blocksize forever while storage and bandwidth get more and more available?
I think Hal Fineys assessment around scaling back in 2010 was right. I think nuanced solutions will continue to emerge to allow for scaling off chain.
But I also think we should try to find ways to reach consensus around tech to increase on chain efficiency and storage.
Ultimately we could never even come close to increasing block size enough to serve all 8 billion of us transacting on the base layer without centralizing verification and breaking the most important features of the system.
