theWatcher37
Joined 10 years ago
Joined 10 years ago
Why would you want Bank 2.0?
Congratulations guys, you made the banks SWIFT 2.0. I’m sure they appreciate it very much.
If you read the original bitcoin white paper it is clearly evident that the purpose of bitcoin was as a currency. These insane fees, wait times, and rediculous technical decisions by core have made it such that bitcoin is becoming “bank coin” aka only used for settling between large groups and useless for individuals (unless you’re a speculator).
This has to change
“Don’t discount someone just because they’re a woman” is very different from “believe them because they are a woman”.
OP is wrong.
We want cultural and financial incentives not to do wrong. We also want raw primal fear, if you do this evil shit they’re gonna get you and lock you away forever type fear... if you do this stuff.
The block size is fundamentally too small to support the current volume of transactions in a meaningful way, and the weak (and suspicious!) arguments in favor of letting bitcoin’s transaction time spiral into hell don’t hold water.
Think about it, an open-source OS is choosing backwards compatibility over security. This would have caused quite the stir in the 90’s Linux community.
If “do no harm” is a principle, then the kernel should ensure that no harm is taking place.
If flaws within the kernel allow harm to occur while otherwise normal transactions are occurring then it is absolutely preferable to panic and shut down over allowing that potential harm to occur.
To suggest otherwise, that detected errors that allow harm should be allowed, is pure insanity.
Linus is unquestionably wrong in the regaurd.
If anything, there is probably a strong correlation between liking google and trusting old media.
You’re arguing “nobody died in the titanic that didn’t pay enough”, when the problem is clearly there aren’t enough lifeboats.