pull down to refresh

0 sats \ 3 replies \ @ek 27 Oct \ parent \ on: BIP 444: Reduced Data Temporary Softfork bitcoin

Now you’ve lost me but that’s okay

write
preview
0 sats \ 2 replies \ @ryu 27 Oct

What part creates a schism? The entire point of Bitcoin as it was originally created was to disrupt both traditional banking systems and the global fiat currencies underpinning them; I'm sure the OG cypherpunks (who are all using Monero or Pirate now, or something even more niche and/or private) and Satoshi themselves would be pissed seeing JPMorgan Chase and firms like Blackrock gush all over it now that it poses no systematic threat.

reply
0 sats \ 1 reply \ @ek 27 Oct
What part creates a schism?

wanting to disrupt both traditional banking systems and the global fiat currencies underpinning them with a system that can't scale to compete with them on a global level

Otherwise, it's globally adopted at the cost of disruptive impact

you want disruption, but not global adoption, that makes no sense to me

reply
0 sats \ 0 replies \ @ryu 27 Oct

When I say the latter, it's seeing its adoption in both its current form and at their hands. That's not something I'm a fan of.

reply