RE: Why Raiblocks Will End as a Pump & Dump
We have TREMENDOUS doubts in our mind bitcoin will fix it's scalability issues. This author states it, but that doesn't make it true, and his claim is unsubstantiated. for one thing, crypto will eventually be a para-legal mechanism, and anything requiring PEOPLE to "fix" it technologically, will be a legal hot potato.
Raiblocks attempted to solve most problems from the getgo, and make it so a committee of people didn't have to change ANYTHING, and part of this vision resulted in raiblocks laser-focus on CURRENCY-ONLY, not platform or nifty use-cases.
We attempted to simplify the raiblocks discussion, read our article here...
We enjoyed your writeup, even if we disagree a little bit.
Here's more on raiblocks, we think it's pretty cool, even tho you're right that it could be a pump-and-dump, but then again, so could ANY cryptocurrency. It MIGHT be better than bitcoin tho, read why...