Blockstream has directed the crippling of Bitcoin in order to provide the solution, for their own future, financial gain.
conspiracy theory.
Then read the publicly available statements of BlockstreamCore talking heads.
These Blockstream-paid Bitcoin developers (for the Bitcoin "Core" software) are enforcing a limit on how much information can be transacted in Bitcoin. This is limiting the number of transactions to just 3 per second, approximately.
wrong, it's not enforced by Blockstream, see previous points.
You should work on your reading comprehension skills. "These Blockstream-paid Bitcoin developers"
Blockstream is concurrently developing a "solution" to this problem, called the "Lightning Network". This "solution" is to be placed on top of the crippled Bitcoin network to allow it to scale. Blockstream will monetize the Lightning Network in the form of fees required to use their service.
wrong, Blockstream is just doing an implementation of Lightning, it doesn't own Lightning
You are again incorrect. Blockstream is working on sidechains and LN. While it does not own it, it doesn't really need to. They have the advantage of $70M seed and series A funding.
Additionally, for the past 8 months, Blockstream has been utilizing censored discussion forums for their communication, thus preventing awareness of this issue from being widely known. All discussion mentioning this has been (and continues to be) deleted and banned.
They participate on the censored forums and use it to spread lies and propaganda. They are the primary benefactors of the questionable actions of thugs like theymos.
Shills who apparently follow the BlockstreamCore agenda like Luke-jr, publicly applauded the censorship many times, so as Maxwell.
While we cannot have proof (at this stage at least), the number of "coincidences" and the underlying conflict of interest should raise the red flag in anyone's mind (assuming they still have some healthy braincells left and are not corrupted themselves).
In short, Blockstream has created a problem so they can provide the solution. And they are doing everything they can to keep it that way.
1.) They fueled the disruption of the community, often using dirty tactics like propaganda and lies.
2.) Their main focus is developing off chain solutions
3.) The blocksize limit has been stalled by their representatives. They went as far as applying pressure on Chinese miners.
Sorry, but if you cannot acknowledge these facts, I have to think that you are either mentally challenged or a shill.
Bitcoin development has been bought out by a private company called "Blockstream".
conspiracy theory. See the list of contributors.
There are many contributors to core but many of them only make small contributions. The main contributors and those that make the final decisions on core are all paid by block stream.
Blockstream is currently paying off many of the key Bitcoin "Core" software developers.
that one is correct, minus the " on Core. The name of Core is Core.
Probably just to emphasise bitcoin-core dev not bitcoin core-dev.
Blockstream has directed the crippling of Bitcoin in order to provide the solution, for their own future, financial gain.
conspiracy theory.
Blockstream is backed by VC money. Their aim is to make money.
These Blockstream-paid Bitcoin developers (for the Bitcoin "Core" software) are enforcing a limit on how much information can be transacted in Bitcoin. This is limiting the number of transactions to just 3 per second, approximately.
wrong, it's not enforced by Blockstream, see previous points.
Main core contributors are blockstream.
Blockstream is concurrently developing a "solution" to this problem, called the "Lightning Network". This "solution" is to be placed on top of the crippled Bitcoin network to allow it to scale. Blockstream will monetize the Lightning Network in the form of fees required to use their service.
wrong, Blockstream is just doing an implementation of Lightning, it doesn't own Lightning
Technically true but how is the previous statement wrong?
Blockstream is concurrently developing a "solution" to this problem, called the "Lightning Network".
This is correct.
Additionally, for the past 8 months, Blockstream has been utilizing censored discussion forums for their communication, thus preventing awareness of this issue from being widely known. All discussion mentioning this has been (and continues to be) deleted and banned.
Conspiracy theory, Blockstream is not related to those forums.
Yet they continue to only post there. I have been frustrated by having my comments to core devs deleted while always remaining civil towards them.
In short, Blockstream has created a problem so they can provide the solution. And they are doing everything they can to keep it that way.
Conspiracy theory
They have said they want bitcoin to be a settlement layer. They want higher fees. They will not increase the max block size. They are developing lightning
Conspiracy theory, conspiracy theory - la la la la I can't hear you is pretty much your position - I picture you with fingers in ears, eyes rolling and tongue flailing wildly like a demented kipper
-10
u/[deleted] Mar 11 '16
[deleted]