/biz/ - Business & Finance

>>882017

If you can't comprehend or willfully ignore the arguments of your opponents, that just reflects poorly on you.

BTW folks, the developers of Bitcoin and people such as Andreas not only admit but advocate the fact that most Bitcoin usage will be going 'off-chain', which is a euphemism for centralized services, like Coinbase and Changetip, which would be Paypal 2.0 - Even Paypal might become one of these 'off-chain' services).

The Bitcoiners opposing Bitcoin XT, aka 'Hearncoin', are actually leaving behind the 'original vision', but in a different way. Rather than potentially rendering the network inoperable by allowing up to 8MB blocks and thus also fucking up the future rewards incentive for miners, the developers and people like Theymos who want to stick to the current 1MB are advocating keeping the elite few on Bitcoin and everyone else gets put on 'off-chain' centralized services that renders the whole thing completely redundant and pointless - Why do I need a centralized service for using Bitcoin, when I already have Paypal who 1) Don't force me to transact using something highly volatile, 2) Aren't likely to defraud me, 3) Charge 0% domestic fee, and 4) Provide me with instant transactions.