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RE: It’s Getting Serious in Here
Blockchain technology will be one of the things that changed the world. Bitcoin is not the best cryptocurrency out there. It has huge potential but I don't like where it's going at the moment. Hopefully things get better.
Blockchain was there before Bitcoin.
Its like saying the engine changed the world, but only after it was put into cars.
Yes it was and it will remain even if Bitcoin doesn't.
I really don't understand what you mean?
Engine did change the world, before and after it has been put in to a car! Engines today are not the same ones as they were before, we have many different ones for different purposes. We find better and better ways to use engines all the time, why wouldn't we do that with blockchain?
Bitcoin is just scratching the surface of blockchain.
But let's not forget that we are on the same side. We are not enemies.
I like you. I just like to argue in a friendly way.
What I want to say, bitcoin is a combination of 3 main inventions that were there before. Satoshi just put them together and created and economic mechanism.
Those inventions are cryptographic signatures, blockchain and proof of work.
Thanks to these 3, he created something digital, scarce and decentralized (impossible to switch off) for the first time.
Just like engine without the machine is useless, blockchain without the cryptography and proof of work is useless.
Just like you said, engine is improving every day, just like the bitcoin.
And Lighting network will be (hopefully) the invention that makes it go mainstream. We both know right now, Bitcoin is just a better version of gold.
If the LN starts beining used and it fails to deliver the promise of fast and almost free easy transaction - I will evaluate my opinion of Bitcoins future.
However there are hundreds of bright minds working all day long to make LN work and make it work perfectly.
We shall see soon. Its still few years away to get the mainstream adoption.
It's good to argue with people, that way you learn new aspects.
And what comes to LN, I sure hope that it will do what it's promised to do!
But I think it's wise not to put all your eggs in one basket ;) That's why I have several cryptos. I need to get more btc soon, atm I have 0 .