This is why bch etc and all the other forks of btc and eth.. user and miner control. Developers have little control once there’s network affect.. heck half exchanges are probably following different reference wallets so your argument breaks there ...

Sweden: how cash became more trouble than it’s worth

There will likely be organic key derivation based on biometrics. Your money isn’t safe from gunpoint at the moment so people use third parties and we are no better than a bank at that point. Stable coins use third parties which suck but still give ...

Sweden: how cash became more trouble than it’s worth

Also if miner did decide to be bad he would need majority hash to try to confirm his bad blocks.. and users still have a choice to reject even if so

Sweden: how cash became more trouble than it’s worth

Developers can change what they like but the beauty of a decentralized system is it’s up to the users to adopt and bft is achieved because miners can decide to follow protocol or not and ultimately the rest of the network keeps miners in check ...

Sweden: how cash became more trouble than it’s worth

Developers don’t have control period. Miners make a choice and users keep miners in check. See bch bitcoin sv and all of the shitcoin spinoffs due to Segwit. In the end miners voted and decided which protocol to support.

Sweden: how cash became more trouble than it’s worth

I’ve already made the argument and you have not read or comprehended what I said

Sweden: how cash became more trouble than it’s worth

Your not reading what I said. There is no issue and it’s decentralized. Developers don’t centralize a decentralized protocol. Just read my posts again you need to understand. Crypto is a better form of money than fiat and thus market will gravitate ...

Sweden: how cash became more trouble than it’s worth

Yes that is true. When reset happens there will be a race to a new money standard. Bitcoin as it is is not good for average people. It allows government full complete control. We need fungibility for it to endure long term and zkp zksnarks and ...

This bull market will not end with a massive pullback, investor Jeremy Grantham says

You missed the point. Your argument is incorrect. It is up to merchants and miners to follow a standard.. programmers can update repos but not force adoption. but you can continue to live in bubble and worship toilet paper.

Sweden: how cash became more trouble than it’s worth

ethereum is a little quick to do forks, they are doing a hard fork right now. Bitcoin is different, which is satoshi's vision. Ethereum plays the altcoin card quite a bit thinking that it doesnt have network affect yet and can change. But bitcoin ...

Sweden: how cash became more trouble than it’s worth

I should add that if eth does switch to proof of stake then yes it does make it kind of what you are saying but there is no substitute to proof of work. It is the cheapest form of consensus that solves the generals problem. Everything I do is with ...

Sweden: how cash became more trouble than it’s worth

You don’t understand how it works. If miners don’t agree the code doesn’t change. It works because of this. If developers try to change its up to everyone else to decide. This is the reason bitcoin does not hard fork it only soft forks because ...

Sweden: how cash became more trouble than it’s worth