Viewing profile — etr-strike

All coins built upon PoW suffer the same scaling issues as bitcoin. Since Bitcoin is the most popular, it hit the limitations first. Second layer technologies such as Lightning Net…

As they should -- Lightning Network is the correct technological solution for small frequent payments such as game purchases on Steam.

Lightning Network exceeds the throughput of VISA. The scaling problem is being addressed -- just not in the naive "let's throw away decentralization and increase the blocksize" way…

> Bitcoin effectively froze when Blockstream decided against increasing block size. You mean when the Bitcoin Core implementation of the Bitcoin protocol decided decentralization w…

Could you be any more of a shill? RBF is optional . Furthermore, disabling RBF doesn't enable 0-conf transactions -- transactions can still be dropped from the mempool. Anyways, sa…

That’s a cute theory, but housing costs are much more related to the cost of money. When the federal reserve makes money cheap, asset prices increase. Since mortgage rates are at h…

The Federal Reaerve actually thinks productivity is too low: http://www.reuters.com/article/usa-fed-productivity-idUSL1N1... Would be a dream to work just 40 hours per week.

And back to C we go.

I can buy USDs with my bitcoin. Lots of them.

Yes? Confirmations in bitcoin were never instant...

No, I think blockchains provide many useful functions. However, providing a token with value is a necessary feature. I’m very excited about things like Rootstock which add smart co…

A blockchain is a decentralized trustless ledger. If the operators are trusted, you can just use a database. It’s much more efficient. It’s pretty clear from the comment that you d…

You can’t have a blockchain without a Bitcoin. The two are inseparable. Every blockchain needs a token reward which has monetary value to secure it.

Sure, if you don’t consider a decentralized and trustless currency a use. If you don’t consider a store of value a use. If you don’t consider a public ledger of transactions a use.…

They’ve been fighting deflation, not inflation. Asset prices need to correct and they refuse to let them. There’s a reason young people are buying so few homes.

You’ve lost your mind if you really believe inflation has only been roughly 2% the last decade.

Keep doing what you’re doing central banks! Your policies of persistent inflation have robbed us of our ability to save our wealth and accurately plan for the future. You’ve decide…

House prices needed to fall. Bad debt needed to be written off. Investors making risky loans needed to lose. None of these things happened, and look where we are. I vehemently disa…

Most of the coins people are purchasing today have been around less than a year and probably have less than 1% of the users of Bitcoin. They're pretty unproven.

I see you took the long way around to agreeing with me at the end there. Have fun with your coordinator. Cheers!

Way to pimp your altcoin at the end there. IOTA isn’t even in the same league as bitcoin. It’s not decentralized and it’s not trustless. Just use SQL at that point...

Scalability problems sure, bitcoin is hardly struggling to innovate though. Rootstock, Schnorr signatures, mimble Wimble. These are awesome new technologies. Every coin today would…

Bitcoin is the least risky of all the cryptocurrencies. It has the largest user base. It has the most widespread infrastructure. It has financial products and derivatives. Every ot…

Such cliche reasoning. If Bitcoin is going to be a successful currency and/or store of value, everyone and the brother needs to be talking about it (just like they talk about gold …

This is the history of Bitcoin. Booms and busts with no taxpayer funded bailouts. A decentralized and trustless currency is, in my opinion, the safest asset to have in the long ter…