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No chance among those who understand how and why bitcoin works. An unlimited bitvoin is worthless because it could be replaced to centralize ledger, and will be
by kobeya 9y ago
No chance among those who understand how and why bitcoin works. An unlimited bitvoin is worthless because it could be replaced to centralize ledger, and will be eventually. Bitcoin is in extraordinarily inefficient system that would serve no purpose if not for the decentralization that limits protect.
- smokeyj 9y agoAs someone who understands Bitcoin - I have no idea what you're talking about..
- rothbardrand 9y agoLarger blocks increase centralization. This has become a litmus test for "understanding bitcoin". There's a lot of people who thin they understand but what they understand is an narrative that's been spun for them that isn't technologically correct.
- kobeya 9y agoDo you think bitcoin is interesting without decentralization?