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11633612 No.11633612 [Reply] [Original]

Can anyone refute this video by Roger? Seems pretty obvious that Bitcoin can easily scale to global usage levels. What are the arguments on the Core side?

Video: https://youtu.be/5Ipgwl7-K6o
PS: pic related is a meme a socialist "friend" reposted, probably doesn't even know the libertarian reference

>> No.11633770

>>11633612
If you keep growing the block size, mining will be limited to hardware manufacturers and even then you might have sluggish and expensive transactions. It would be worse than xrp at that point, because at least they have some sort of legal obligations.

Core is trying to keep the root chain decentralized and build a high velocity transaction layer. Consider it a division of labor.

>> No.11633805

>>11633770
Doesn't he prove that retail technology is is already at a point where it could handle efficient mining even for way bigger blocks?

>> No.11633855

>>11633770
Also, yeah I can see your point but actually a few huge server farms was SV to begin with, he was realistic about that.

>> No.11634230

>>11633770
Miners are supposed to compete based on constantly improving hardware. Look up Red Queen Game, brainlet.