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/biz/ - Business & Finance

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19129725 No.19129725 [Reply] [Original]

bsv just mined a 369 mb block. the entire existence of btc is built on the premise that bitcoin couldn't scale. now since thats proven wrong i'm worried about my btc investment.

i promised to never buy bsv because i hate craig but this shit is getting ridiculous. someone please stop him before people realize btc is a house of cards based on lies, i need btc to pump a bit more!

>> No.19129743

>>19129725
creg is going to kill himself

>> No.19129835

>>19129725
Why not just have a single node which could easily handle a petabyte blockchain?

>> No.19129914

>>19129835
The audacity

>> No.19129956

>>19129835
You can, but you can't stop miners from joining the network. That's the whole point. And you see this very clear with BSV as there are many miners that never mine bigger blocks than 1MB. You can't just deny miners to mine a chain. If you could it is something else than bitcoin. You can read about it in the Bitcoin whitepaper

>> No.19130024
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19130024

>>19129725
>now since thats proven wrong

>> No.19130272

>>19129835
bitcoin needs competition to offer maximum efficiency

>> No.19130349
File: 272 KB, 1078x829, Screenshot_20200509-170640_Brave.jpg [View same] [iqdb] [saucenao] [google]
19130349

>>19129725
>He split his coins

>> No.19130358

>>19129743
This

>> No.19130419

>>19129725
There is an old email from satoshi where he says that bigger blocks in the future arent a problem because of gradually faster and cheaper internet and bigger and cheaper storage, which is right so far. Blockstream basically couped all other devs out and pushed the block limit to promote liquid and lightning which are centralized second layers. Check who invested into Blockstream - Axa, which belongs to the Bilderberg/Rothshield cartel. They basically crippled Bitcoin to take control over it.