pull down to refresh
159 sats \ 2 replies \ @BTCExecutor 12 Jun 2023 \ on: Unpopular Opinions - A Weekend Discussion bitcoin
Bitcoin proper may never achieve mass adoption because most humans are not sufficiently independent thinkers 🐑.
Once bitcoin reaches a certain saturation point in the general population, there will be too many nodes run by follower-thinkers. Eventually they will do something dumb like increase the supply, change the blocksize or some similar step that increases centralization.
Of course those of us who disagree will not update our nodes as such. But most of the population will unthinkingly follow along.
Although a good number of us will fork to "true" bitcoin. But we would be a much smaller percentage of what was once bitcoin.
So we'd again be the smaller band of rabble-rousers, rebels, punks, etc. While the rest of the mindless population continues re-creating fiat or reserve banking on what was once bitcoin.
They'll fail again, and the endless cycle begins again. Endless because most people don't learn.
Just a thought
Gold worked, but not everyone tried to accumulate gold. But also gold does seem to be faltering lately to be fair
reply
Interesting point.
But I think the "mindless population" just doesn't care. They'll use whatever works, oblivious to how it works or what even could be "improved" (but making it worse).
So they also wouldn't start with their own forks imo. At least none with a lot of support. I mean, will they even know what a fork is?
reply