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RE: I Looked Into SegWit, and Here's What I Saw
I will preface this by saying that Bitcoin is an amazing technological advancement and I hope that any improvements made to it are successful.
There are so many products currently being developed in the blockchain space that really have nothing to do with Bitcoin. They're being built on Ethereum, and quite possibly EOS if it's successful. Bitcoin may continue to be popular outside of the corporate world and general public use, but I don't believe that it will have large mainstream support in the future.
This is just my 2 cents, don't hate me!
In other words, Bitcoin == myspace of crypto if blockstream continues on their current path.
That's precisely why posts like this have been made. To educate and inform the community. If everyone just follows along and listens to Coinbase and Blockstream, we're not very well off are we ?
But, if everyone takes the time to learn about the dangers and truth behind Segwit; not to mention how simple the true fix actually is-- we as a community will build a stronger foundation for which Crypto-Currencies in general rest.
We must protect the open source nature of bitcoin and prevent intrusions and attempts to stifle progress.
BCC 4 LYFE
Absolutely.
Bitcoin has the most development and developers actually, no matter what eth shills say. Nobody intelligent works on ethereum. Almost no expert in crypto space supports it. BTC was given out fairy from 0 via PoW. Eth was 70% premined and sold for profit for centralized funding. Then eth was proven to be centralized (which makes it 100% unsecure) and everyone intelligent who supported it left for other options. https://www.reddit.com/r/ethereumfraud
There is almost no project worse than ethereum in this space. Eth is closer to onecoin than to any real crypto like bitcoin.
His concerns are realistic, but they are minor compared to complete centralization, huge attack surface, requirement to trust ethereum foundation not to take your money and let you use the platform. It's really pointless to even bring up eth in conversation about crypto, it doesn't belong in it.