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RE: How can people still believe in Bitcoin?

in #bitcoin7 years ago

I still think Bitcoin will overcome the issue. They're already very close.

But don't get me wrong, if solutions are not implemented the first mover advantage and all the best developers they can come up with won't help.

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They are nowhere near close. Currently the fight is between Bitcoin Unlimited and SegWit but no resolution in sight.

I disagree, but it depends on what we consider close and what type of solution we are looking for.

Personally, I think we can have both Unlimited and SegWit just as was done with Ethereum.
Then we'll have more choice and perhaps an increased motivation to move forward within each of the two ecosystems.

Not saying this is happening so far of course, but I think we are progressing. It's likely a matter of perspective. I could equally well say that they are "far" from reaching a "solution", but that's not my personal evaluation of the situation.

-Also, please note that Bitcoin is at a peak in price right now and it might crash from here. We simply don't know. Some people might see a crash as a failure of the ecosystem, but I wouldn't unless the coin actually died.

I have some bitcoin, but I'm not invested and not going to invest. I'm just hoping to see more developement.

I see very little chance that Bitcoin will solve the technological problems for scalability. Even if both Bitcoin Unlimited and Segwit will be implemented, it's only a fraction from what Steem can do now. And Steem is getting better, if everything goes as planned, Steem will be even faster at the end of this year.

We'll just have to see what happens.

If bitcoin grinds to a halt or if they continue to evolve, I'm fine either way. Cooperative agorism is here to stay and we'll continue to see new projects.

It might get messy in the markets for a while, there's no downplaying that. But we'll be able to move on even after depression, if that is to be the case.

My point is that we shouldn't just passively wait that something happens. It's usually better to actively do something to change the world to better.

My point is that we shouldn't just passively wait that something happens.

Absolutely. Activism of any kind, co.agorism in particular, is not about sitting on ones hands.

If I was a developer, was very into bitcoin or had a way of contacting some important people, I'd probably do that. But since I don't even have almost any money in bitcoin or any particular crypto currency, my direct risk is very low.

I'm just still optimistic about "bitcoin"s (however that will look down the road) future, from a detatched outside perspective. I'm not suggesting anyone should buy or hold bitcoin.

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