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That has nothing to do with the current crash. The price has been going up for a long while even when everyone knew about this. Also this "nobody accepts BTC a
by cocktailpeanuts 9y ago
That has nothing to do with the current crash. The price has been going up for a long while even when everyone knew about this.
Also this "nobody accepts BTC anymore" phenomenon is something artificially caused by the BTC devs. They could have increased the block size even to just twice the size and tried to figure out the real solution in the meantime, but instead they decided to be stubborn and kick out everyone who disagreed with them.
This is not a "proof" that the Bitcoin model itself has failed. It's just that one implementation has failed, and that's fine.