Satoshi Roundtable Thoughts
gavinandresen.ninja
Satoshi Roundtable Thoughts
1–10 of 116 posts
Re: Satoshi Roundtable Thoughts
#2The lack of product managers and an abundance of engineers is both the weakness/strength of the protocol. They have maybe 12 months of runway before everyone loses faith and sells, and by everyone, I mean me.
Re: Satoshi Roundtable Thoughts
#3The lack of product managers and an abundance of engineers is both the weakness/strength of the protocol. They have maybe 12 months of runway before everyone loses faith and sells, and by everyone, I mean me.
>They have maybe 12 months of runway before everyone loses faith and sells
Yeah, and I'm gonna stop using the internet because the http protocol isn't exactly how I want it. Grow up.
Re: Satoshi Roundtable Thoughts
#4The lack of product managers and an abundance of engineers is both the weakness/strength of the protocol. They have maybe 12 months of runway before everyone loses faith and sells, and by everyone, I mean me.
>They have maybe 12 months of runway before everyone loses faith and sells Yeah, and I'm gonna stop using the internet because the http protocol isn't exactly how I want it. Grow up.
Yes i did. And moved to HTTPS instead.
Not having fate our doubting the backing technology is a very legitimate reason to move your money eslewhere
Re: Satoshi Roundtable Thoughts
#5So this is #3 of the Satoshi Roundtable notes and opinions that have made it to HN, as far as I can tell (I was initially confused and thought this was a re-submission of Brian Armstrong's notes https://medium.com/@barmstrong/what-happened-at-the-satoshi-...).
As someone who has dabbled into the bitcoin and block chain area but never seriously, all of these reports and the constant reporting of the serious issues facing bitcoin with little to no consensus about what's going to be done to scale it just scares me away from touching it.
Maybe I'm just not understanding the issue in its entirety but many of the opinions just keep talking about how uncooperative everyone is, how wrong or right one group is versus another and no solutions are really being worked on that expect to be accepted. Blockchain is cool tech but bitcoin itself seems like a horribly immature place to ever put real money into.
Re: Satoshi Roundtable Thoughts
#6So this is #3 of the Satoshi Roundtable notes and opinions that have made it to HN, as far as I can tell (I was initially confused and thought this was a re-submission of Brian Armstrong's notes https://medium.com/@barmstrong/what-happened-at-the-satoshi-... ). As someone who has dabbled into the bitcoin and block chain area but never seriously, all of these reports and the constant reporting of the serious issues fa…
It seems very likely that building anything on top of Bitcoin will be seen in retrospect as a mistake, because the platform is controlled by a group of unpredictable individuals. You can't even predict the most likely outcome and plan accordingly.
Re: Satoshi Roundtable Thoughts
#7The lack of product managers and an abundance of engineers is both the weakness/strength of the protocol. They have maybe 12 months of runway before everyone loses faith and sells, and by everyone, I mean me.
>They have maybe 12 months of runway before everyone loses faith and sells Yeah, and I'm gonna stop using the internet because the http protocol isn't exactly how I want it. Grow up.
Http has "won" because it meets needs other alternative protocols didn't. After 25 years, it's beyond incumbent. (Yet it is still evolving) Bitcoin isn't there yet; there's still several ways it could fail.
Re: Satoshi Roundtable Thoughts
#8The lack of product managers and an abundance of engineers is both the weakness/strength of the protocol. They have maybe 12 months of runway before everyone loses faith and sells, and by everyone, I mean me.
> They have maybe 12 months of runway before everyone loses faith and sells, and by everyone, I mean me.
They're taking so long to even decide on a solution that I'm not convinced it's going to happen without fracturing. In fact, because of how this known problem has been creeping up with piss poor direction with solving the problem, I do not believe bitcoin is mature enough to put any serious money in it. Gamble, play with it but why would anyone put any serious money into it especially now?
Re: Satoshi Roundtable Thoughts
#9There is a revolution going on in Bitcoin land. Very similar to how dictatorship gets overthrown in the real world. In the real world, dictators fight with censorship and violent force. In Bitcoin land these are social media censorship and DDoS attacks. The main Bitcoin forum on Reddit is censored heavy handed. No criticism allowed, mentions of alternative software or forums get deleted right away. People who run alternative implementations of Bitcoin get DDoSed so heavy, that sometimes whole districts of cities get cut off from the internet. But this is the internet. people manage to jump over the fence pretty fast...
...and find ways to get together and discuss their opinions without censorship:
https://www.reddit.com/r/technology/comments/48zggz/a_behind...
Re: Satoshi Roundtable Thoughts
#10There is a revolution going on in Bitcoin land. Very similar to how dictatorship gets overthrown in the real world. In the real world, dictators fight with censorship and violent force. In Bitcoin land these are social media censorship and DDoS attacks. The main Bitcoin forum on Reddit is censored heavy handed. No criticism allowed, mentions of alternative software or forums get deleted right away. People who run alt…
Interesting. You're even getting down voted here without explanation. EDIT: Well you used to be grey and at the bottom. Now you're up top.