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RE: 20 questions with Roger Ver (Exclusive Interview)
If my group of like-minded supporters do hard fork Bitcoin, we will also likely
change the proof of work to something that is most suited to general purpose
CPUs rather than GPUs or ASICs.
This seems ill-advised. One of the biggest advantages bitcoin currently has is that it has a very high hashrate making it robust from external manipulation. Changing the mining algorithm would invalidate all current mining hardware investment and result in a much weaker cryptocurrency.
The result would be simply an altcoin which retains bitcoin's history and economic strategy.
Completely agree with this. I like Roger and I know he means well, but I really hope he doesn't push for a HF like this... it's only gonna cause uncertainty.
And I have to agree with that dev he was complaining about. Bitcoin is NOT convenient for shopping at this moment. Even Andreas agrees with this. Right now most of the value comes from speculation and it has plenty of utility in other ways than being a credit card replacement.
Roger Ver might want to learn about AltCoins a bit before he tries making one. CPU? Terrible choice, about the worst choice that could be made. Sort of like Bitcoin Classic and the rest of the nonsense from people that can't reach consensus.