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There are forks of Bitcoin that solve (most of) these problems and make it more usable as an actual currency, rather than a gold-like store of value. "Bitcoin C

There are forks of Bitcoin that solve (most of) these problems and make it more usable as an actual currency, rather than a gold-like store of value. "Bitcoin Cash" is the most famous, there are others. Frankly the failure of "original" Bitcoin to adapt to use as a currency seems to me to be a total failure of vision.

octocop 6y ago
With that logic the wright brothers made a shitty airplane. Bitcoin will exist forever, it will be like the Egyptian pyramids for our ancestors.
ahnick 6y ago
My understanding of Bitcoin Cash and Bitcoin SV is that they have just increased the blocksize the clients can handle. Is there something more to them than that?
- fsckboy 6y ago
  there's also sidechains, segwit, and lightning network which shrink and consolidate transactions to increase the number of them that can fit in a block
- SnowProblem 6y ago
  Yes. It's really worth dwelling on the long-term implications of terabyte+ sized blocks and fees of a thousand of a cent. This is where BSV is heading and everything changes at that scale. New use cases are unlocked. Old architectures need to be rethought. It's the most interesting technology I've encountered in a long time and it's a gem of entrepreneurship opportunity for those that can stomach swimming upstream.
- zhoujianfu 6y ago
  Not really, but the result is essentially no fees. And thanks to Moore’s Law there’s no trade-off for it. Bitcoin (Core) is insane for having high fees.
ur-whale 6y ago
> seems to me to be a total failure of vision. First, the market seems to strongly disagree with you [1] Second, what seems to me a total failure of vision is trying to shoehorn something as new and disruptive as Bitcoin in the old and worn out yoke of currencies as they used to exist. There's paypal for that. [1] https://www.tradingview.com/symbols/BCHBTC/?exchange=COINBASE https://www.tradingview.com/symbols/BCHBTC/?exchange=COINBAS... (choose the 5 yr. view)

octocop 6y ago

With that logic the wright brothers made a shitty airplane. Bitcoin will exist forever, it will be like the Egyptian pyramids for our ancestors.

ahnick 6y ago

My understanding of Bitcoin Cash and Bitcoin SV is that they have just increased the blocksize the clients can handle. Is there something more to them than that?

fsckboy 6y ago
there's also sidechains, segwit, and lightning network which shrink and consolidate transactions to increase the number of them that can fit in a block
SnowProblem 6y ago
Yes. It's really worth dwelling on the long-term implications of terabyte+ sized blocks and fees of a thousand of a cent. This is where BSV is heading and everything changes at that scale. New use cases are unlocked. Old architectures need to be rethought. It's the most interesting technology I've encountered in a long time and it's a gem of entrepreneurship opportunity for those that can stomach swimming upstream.
zhoujianfu 6y ago
Not really, but the result is essentially no fees. And thanks to Moore’s Law there’s no trade-off for it. Bitcoin (Core) is insane for having high fees.

ur-whale 6y ago

> seems to me to be a total failure of vision. First, the market seems to strongly disagree with you [1] Second, what seems to me a total failure of vision is trying to shoehorn something as new and disruptive as Bitcoin in the old and worn out yoke of currencies as they used to exist. There's paypal for that. [1] https://www.tradingview.com/symbols/BCHBTC/?exchange=COINBASE https://www.tradingview.com/symbols/BCHBTC/?exchange=COINBAS... (choose the 5 yr. view)