Satoshi’s Choice Was Worth It

My prior objective of this post is basically focused on the economics of Bitcoin. Lately, I’ve been paying more attention to the psychology and sociology of Bitcoin. I’m not a cultist or a religious zealot. Never have, never will be. I do, however, find it fascinating to see how many people have adopted a cult-like approach to the debate about “Scaling Bitcoin.”
I consider myself a free-thinker. If & when the facts change, I will change my mind. I abhor labels and avoid groupthink. I have found in my experience that even in the most heated of debates, maintaining composure and mutual respect will almost always lead to a positive outcome, if so desired. I like to think of myself as a calm and levelheaded individualist, who seeks out solutions that serve the greater good, but are still aligned with my core beliefs and principles.

But, I’m afraid that as a broader community, we are so far away from adopting this type of mindset, that finding a resolution to the current impasse is very unlikely in the short term, without exogenous pricing pressure being applied or another external catalyst for change emerging.
One only has to look at the emotive (and often insulting) replies to many bitcoin-industry focused tweets to realize how heated this debate is, and in fact, how emotional people become when placed under the effects of long term fatigue around the current situation. When emotions get the better of us and we can no longer respond with the requisite amount of decorum, our judgment becomes impaired and incorrect. And when that happens, bad decisions are often made in favor of progress and alleviating the emotional strain, not the greater good.
This is a common norms in the human thinking, and as a result it sometimes lead to bad decisions that might be delicate the development of a digital currency like the bitcoin.
Most people I encounter in the Bitcoin world largely care about the price of Bitcoin and whether it’s going up or down. They are emotionally invested in its future as a store of value and a digital currency. I think I Vinny Lingham covered his views and opinion on his twitter page talking about bitcoin in general.

I have taken a step back and decided to educate myself broadly with all the options for Bitcoin around this debate, and in particular on many of the details which people overlook in cursory conversations. My findings are that this is not an easy situation and will take time to resolve. I spoke with people on all sides of the scaling debate and there are pros and cons, regardless of which path we take, if we even take one at all.
Looking at the Bitcoin rise after an initial catastrophe from the Asia zone ...I can see and believe there is a future for bitcoin, and like everything else in life it takes time for one to develop positively.

Looking at people opinion such as that written by Eric Lombrozo based on his opinion of Bitcoin...

I can only say one thing as a conclusion on this context...![]For now, maybe we can just start the next chapter by treating each other with a bit more respect, irrespective of our views and opinions on Bitcoin.
I’ll start by showing respect for Satoshi’s decision to leave — that was his choice, but what happens next is ours…

I hope you enjoyed this piece...Thanks for reading up to this point, am sure I kept you entertained..