/biz/ - Business & Finance

>>13653407

>>13653420
You can even use it to watch TV!

>>13653407

Just once I want to see one of these smug aholes get their teeth knocked in. Not any of these lame conference debates, someone straight beat their crooked asses.

>>13653407
Segwit is a good thing

>not being bitcoin agnostic simply by not selling forks, so you don't really have to do real analysis on the individual actors within this circus other than as a spectacle
the sum of the values of all forked bitcoin chains that are operating and retaining sha-256 proof of work is the value of bitcoin.

>>13654711

I mean, if that's what you want to tell yourself, go ahead. But he fucked us, you know it.

>>13653407
You write this shit like you're his jilted gay lover.

>>13653407
Greg is 200 IQ and looked like Rob Stark when he was young. Creg is 200 Vindaloo and looked like an antagonist from The Office.

>>13654730
seething

>>13654724
I don't actually know it, in what way did he fuck us? I don't feel very fucked

>>13654730

Nothing I said is untrue

>>13654731

Greg has done everything to help zionist kikes and banksters by letting forks and altcoins and high fees happen. He's genetic waste masquerading as a mad magazine parody of a 90s geek. I never mentioned CSW.

>>13654863
Oh yeah I forgot the nazis disowned creg after he abandoned them for sjws kek. Even creg doesn't want your curry

>>13653407
>bitcoin has nothing to do with economics and everything to do with the competency of the development team
This shit right here is why Greg is a loser parasite. He actually thinks bitcoin is just a technical boondoggle for neckbeards.
>>13654711
Is support BSV, but I also very strongly agree with this analysis. The vast majority who don't understand what is going on need to remain agnostic and hold on all three branches.

>>13654731
>>13654880
kys moron

>>13654923
No u. Creg said women and blacks are real culture, and I agree with him. Get fucked nazi faggot your coin is going to zero kek

Why did Bitcoin have to get ruined? I fucking hate these kikes.

>>13654880

Why are you so obsessed with CSW?

>>13654906

Mike Hearn: The single biggest problem that Bitcoin faces is that Greg Maxwell is a lead developer. (2013)

>>13654817
BTC is unusable as a currency and Segwit ruined the legal framework surrounding digital signatures, but also technically makes it not Bitcoin if you follow the whitepaper. Further they want to use Lightning Network to steal fees from miners, bankrupting them so then all the hubs (banks) can buy them out and assume full control over the network. It'll be like the current system.

>>13654940
>>13654962
It's obvious these idiotic threads are coming from creg and his nazi pedo followers

>>13654962
mike tyson : everyones got a plan till they get punched in the face

>>13654985
Call the cops, I don't give a fuck.

>>13654985

Why are you obsessed with him, though?

>>13654993

"Just focus on the tech, not the politics"

>>13654880
>>13654934
>>13654985
Just filter if you are so butthurt about it. I can't imagine why you are still so obsessed with something you can't even be bothered to talk about in anything more than NPC-tier one-liners.

>>13653407
Where is the source of this quote? I need to verify it so I can spread it like cancer.

>>13654409
>increases complexity 100 times instead of just changing 1 line of code to increase block size
>introduces "block weight". 1 byte of a transaction isn't 1 byte of disk space any more.
>wastes 4 times more bandwidth and disk space but doesn't increase tx/s 4 times (as would happen if you just changed one line of code)

>>13655046
>>13655060
Waaa some more you fucking nazi pedos

>>13655113

https://www.reddit.com/r/btc/comments/6cmtff/2_more_blatant_lies_from_blockstream_cto_greg/

https://np.reddit.com/r/btc/comments/45ail1/wikipedians_on_greg_maxwell_in_2006_now_cto_of/

https://www.reddit.com/r/btc/comments/4klqtg/people_are_starting_to_realize_how_toxic_gregory/

Not that quote but here are some good ones:

"My opinion of this user is that he is a very dangerous individual whose edits speak for themselves. Full of sarcasm, threats, rude insults, impersonations of an admin, not to mention massive disprect of other users and blanking of user pages. I'm all about forgiving, but this is banable behavior. If further incidents occur, a ban would be warranted." (wiki editor talking about greg)

"I feel great because I can still do what I want, and I don't have to worry what rude jerks think about me ... I can continue to do whatever I think is right without the burden of explaining myself to a shreaking [sic] mass of people."

"There were nodes before miners."

>>13653407
Who is the cuck who gave this fat neckbeard control anyways?

>>13655240

>Obsessed

>>13654123
That would require a userbase with some balls. The crypto community has no balls. They just keep getting dicked down by every two bit crook, make angry posts online, and bend over for the next con artist to lay some pipe.

>>13655327

>I'm bitcoin agnostic, so it doesn't affect me.

>Focus on tech, not politics.

>>13655316
Satoshi gave Gavin Andresen bitcoin without asking him if he actually wanted the responsibility. He didn't, so he brought in help. So to answer your question, Gavin is the cuck.

These people later claimed Gavin's account was hacked and they never restored access even after Gavin confirmed that it was not hacked.
https://twitter.com/peterktodd/status/727078284345917441

And that's how the people that Gavin let into bitcoin kicked out Gavin from the project.

>>13654977
Kek and who the fuck unironically cares, after this bullrun I'm out for good. I'll take the money, you can keep your gay tech

>>13655394
Fucking kek, imagine getting cucked by a bunch of beta lardy starwars loving neckbeards

>>13653407
Honestly the biggest fud is that he sees nothing wrong with his beard.

>>13653407
high transaction fees are a good thing. In 100 years when the block reward is zero (or essentially zero) we need high transaction fees or the network will die or be rendered insecure

there's no reason why bitcoin transactions have to be on-chain; lightning and other off-chain solutions can facilitate transactions better than on-chain ever could

on-chain transactions are reserved for whales and smugglers and off-chain intermediaries settling accounts and bitcoin enthusiasts who are willing to pay the high transaction fee

>>13654923
based and redpilled

>>13655646
>block reward

The difference is made up by volume not price gouging. Most of the systems making transactions in the future on Bitcoin will be automated. Millions of transactions a second. At even a tenth of a penny per transaction the reward is handsome.

>LN
You just argued for miners needing money to secure the network and then started explain a system that will backrupt them and give the banks back all the control.

>>13653407
the scaling debate ended 2 years ago. please an hero OP

>>13655730

>>13656831
Kek

>>13653407
Oh look another BSV shill. I hope Craig gets thrown in jail and exposed as fraud.

>>13656958
I'm not a BSV holder, but this is goddamn funny.

>>13657023
this one is also funny

>>13654977
you're a moron lol this has to be a troll post

>>13654711
if one man can ruin bitcoin then its not nearly antifragile
he left the development now we need to boot lukejr and slap adam back on the neck

>>13655394
glow in the dark nigger

>>13653407
Can't stand this dude.

We did have a nice pm conversation on Reddit though about how the irs is a private company in Puerto Rico

>>13656997

>anyone criticizing gmaxwell is a BSV shill

Go fuck yourself, if it wasn't for him we wouldn't be in this mess with forks.

>>13657173

Make no mistake, Greg sits in IRC all day and will answer any question about bitcoin for anyone. It's just a shame he's used this undeserved sense of seniority as political leverage. He would have made a great janny if he wasn't an actual fraud/lunatic.

>>13657197
why are you so obsessed with greg anyone can fork at any time and they have
it just so happens their ideas are retarded and they are a minority chain
should S2X have gained control of the bitcoin repo? should those exchanges and miners and the NYA signers and DCG and all those rich asshole have control?

you don't get it, the consensus didn't change so why are you stuck on greg

>>13654409
at least in otself segregated witness is not bad the exact way it was introduced to bitcoin is fucked up. should have been a hard fork and part of the block part the hash. this soft fork opens up a can of worms.

>>13657231
>this soft fork opens up a can of worms.
it actually fixed transaction malleability and hidden ASICboost buddy

>>13657231
>should have been a hard fork
the hardfork proposal was drafted in a closed door meeting and dubbed the "New York Agreement"
it's similar to the creature from Jekyll Island and the drafting of the Federal Reserve

bitcoin surviving S2X was its biggest success and you absolute morons think it's bad?
95%+ of all miners and major service providors (coinbase, digital currency group, bitmain, etc.) were pushing it
I had to sell my GBTC because they were going to force all bitcoin holders to follow that fork
not your keys not your coins can't run a node can't verify/validate the chain

>>13657230

Greg is the topic of the thread, retard. He's the single biggest detriment to bitcoin, not the miners. Look at the bigger picture, go read old IRC logs, do some research ffs.

>>13657278

Non-miner nodes are useless and only serve to hurt the user, you just don't understand block propagation lol

>>13657321
>Non-miner nodes are useless and only serve to hurt the user, you just don't understand block propagation lol
are you suggesting a centralized system where only miners control nodes?

if users can't run nodes they can't maintain the system
eventually some shit goes into the code and they are unable maintain consensus away from those controversial changes
so the chain dies or if there are a lot of processes relying on the chain they have to deal with those controversial changes and it's a shit system
exponential blocksize is not sustainable for anyone, do you understand block propagation?

if non mining nodes were useless how did bitcoin survive the S2X attack
let me guess greg? lol you fucking idiot

>>13657278

>95%+ of all miners and major service providors (coinbase, digital currency group, bitmain, etc.) were pushing it

Funny how the services actually trying to use bitcoin got fucked over by delusional devs who spent more time making sockpuppets than working on the protocol. $50 fees could have been avoided instead of celebrated.

>>13657376

>are you suggesting a centralized system where only miners control nodes?

You don't understand what a node is.

>if users can't run nodes they can't maintain the system

They never did to begin with.

>eventually some shit goes into the code and they are unable maintain consensus away from those controversial changes

Not how it works at all

>so the chain dies or if there are a lot of processes relying on the chain

The chain dies if noone is mining it.

>exponential blocksize is not sustainable for anyone

"The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don't generate."

>if non mining nodes were useless how did bitcoin survive the S2X attack

S2X has nothing to do with home nodes, again, do your research. I can't spoonfeed you this info, you have to figure it out yourself.

>>13657437
>uses a quote from 2009
you have your big block fantasy and it isn't doing too well
you don't understand the politics of the system

just keep reeing at a dev I guess we're moving forward
I gave you pivotal moments in bitcoin history and why it's the most successful chain moving forward
you can lead a horse to water but can't make em drink

>>13657437
this fucking debate again
cashies still dont undrstand bitcoin and that terminology evolved and clarified since 2008

>>13657472

>just keep reeing at a dev I guess we're moving forward

That's the topic of the thread, yeah

>I gave you pivotal moments in bitcoin history and why it's the most successful chain moving forward

Bitcoin is fucking pathetic and you know it, everyone knows it. "The politics of the system" have led to a shitcoin rennaisance (which could have been avoided easily), Tether, Lightning Network, sockpuppets, credit cards, Blockstream, etc.

You also don't understand what bitcoin at scale looks like. Investing in mining ultimately means investing in bandwidth and electricity. At scale and at worst, every single major city and university has at least one mining facility or at least a high powered commercial viewing node that anyone can access freely, just like a library. That's real decentralization.

>uses a quote from 2009

When was Satoshi ever wrong?

>>13655394
Peter Todd is one of the worst too

>>13657989
nah he's a charitable lad, sent $5 to mccormacks legal fund through LN, worked great!

>>13654977
lol, who the fuck is feeding you all this bullshit?

>>13654977
I don't understand how someone as retarded as you is capable of using a computer.

>>13653407
The bankers won this fight though.
They had no chance of destroying the crypto revolution completely, but they did they did something very difficult and they did it successfully: they delayed adoption by about 4 years.

>>13653407
We literally hadn't heard of this guy until someone started using it as some sort of scapegoat to claim that somehow he has managed to forge the hundreds of independently produced pieces of evidence that Craig Wright is a scammer. I didn't care about this guy then, and I still don't.

>>13657628
>Bitcoin is fucking pathetic and you know it, everyone knows it.

no one thats actually smart still believes in BTC CORE.


desu we should be thankfull, this means BTC at one point will fail and others will step in. another shot at getting in early if you missed buying buttcone before 2017

>>13657628
You are arguing with literal paid sockpuppets vomiting long debunked blockstream propaganda, hope you are aware.

>>13658237
i never seen bloodstreams arguments actually debunked the only thing that partially debunks their shit if bch actually works and stays alive for the next few decades with a lot more tx than btc.

>>13653951
ugh, bitcoin SV quality meme

OneMegGreg was caught red handed using a sock puppet in Reddit.
Search it on Reddit if you wanna see.

>>13657472
“Big block fantasy”
Nigger, everyone wanted a modest 1mb-2mb increase, and Core cucks fought tooth and nail against this as well even though internet speeds have gone almost parabolic since 2008, even in developing nations.

>>13659304
I can confirm.