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> Have fun when you run into the same lesson left unlearned from the 70s - distributed permission-less databases like blockchains cannot scale without becoming
by sametmax 9y ago
> Have fun when you run into the same lesson left unlearned from the 70s - distributed permission-less databases like blockchains cannot scale without becoming centralized. The more people that wish to participate, the growth rate starts jumping from exponential to exponential * log with the bandwidth and storage requirements to ensure every other node on the network is properly updated.
You mean it may fail ? Yes, we are aware. Since the beginning. That's what "experiment" comes from.
> Cash is a money system. You contradict yourself.
Being an alternative is not being a replacement. Just like the bike is an alternative to a car, and not a replacement for it.
You seem to have a terrible grudge against bitcoin. I'm sorry about it, but it's irrelevant here. You may like it or not, but don't give the early community objectives we didn't have.
We never sold a magical solution. We were not some 14 years old kid in a hoodie screaming "kill the banks".
We hoped. A lot. We dreamed. We did noticed and disliked a lot of flaws in our current systems and institutions and explored other ways.
But as intelligent people, we know very well the limit of the project and how much it can hurt.
So keep your negativity to yourself. It's uncalled for, and definitely unwanted.
- 212387123 9y agonegativity [x] uncalled for [x] pro-blockchain [x] You Sir, have won the millenial-plays-adult award.