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0 sats \ 3 replies \ @Scoresby 14 Mar \ parent \ on: Scaling DEBUNKED: No More Than 5-10 Million Can Use Bitcoin, EVER! bitcoin
Agreed. I am skeptical that humans organize in such a way that there is only one network that matters.
We are still speaking a lot of languages on planet earth.
Tower of Babel is a good example re: Languages
Gravity is another, black hole to big bang
It's a cycle as old as the universe
Fiat and shitcoins are languages all getting sucked into the Bitcoin gravity-well, and the Tower of Babel gets taller
Only at the singularity will the trend reverse, how many generations away do you want to bet that is?
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I guess I don't get it
If we look at the world as it is now, it seems clear that Bitcoin spawned a large number of shitcoins.
Fiat money is collapsing (do you want to bet on how many generations away that is?) But it is doing so because of its own corrupt weight, not entirely because of Bitcoin.
Gravity and Babel are beyond me. I'm saying look around you, few indeed are the enduring standards that permeate the globe. Even evolution, in its millions years work has only managed to produce resonances, not singularities.
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large number of shitcoins
And only one Bitcoin, you can't have two centers of the universe
Fiat
The euro was created before Bitcoin, it consolidated other fiats, dollar consolidated colonial fiats... English is spoken in every corner of the globe and there has never been a smaller percentage of people that can't speak it
Everything around you is either consolidating to a black hole or exploding out from singularity
Bitcoin is just the center of gravity when it comes to monetary networks
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