Bitcoin, Bitcoin Gold, Bitcoin silver, Fractions of the real store of value, a proposal.

in #bitcoin8 years ago (edited)

Bitcoin, Bitcoin Gold, and all the segwits are trying to solve a problem, weather it be for capitalistic personal gain, or an effort to bring block chain to the world.

Decentralization is what the block chain offers and in turns opens the gate to the real free market.

Everyone agrees that there can only be one bitcoin, to store value, with a robust ledger and community.

Some companies and decentralized projects have created a coin based of bitcoin that starts a new ledger and provides much quicker transactions for everyday use.

I agree that these forks should remain decentralized to the most extend but they are all competing against each other.

My proposal is for Bitcoin's transaction limit to be set to 1 cent
While a segwit gets's created for fractions of the bitcoin down to 4 decimals, and another for 6, each with a minimum transaction limit of 1 cent of it's worth, except for the last one.
This way the parts of your bitcoin you wish to keep on the BIG LEDGER, stays there.
You can only deposit bitcoin in your bitcoin gold wallet, and would receive 100x of the forked coin for each bitcoin received. the bitcoin will get BURNT.
Your new 100 Bitcoin cold can then be sent to your bitcoin silver wallet, and you would receive 100x bitcoin silver, if it needs to be broken down more.

I have only started reading up on crypto a few months ago and have invested what little savings I have. even if I loose everything I will be okay ;)
so I am no expert, I would love to hear what the programmers make of this thought?

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