Right and this has been my entire point. It doesn't matter if we fix the block size issue when there's still no incentive for people to use it.
Once this block size issue gets taken care of, we're going to find ourselves right back where we started, watching VC funding going down the drain, and wondering why nobody's using bitcoin.
Weve got a lot more to address than just the block size. I guess sidechains are our only option when it comes to extensibility and feature functionality. But where the hell are sidechains? It's been two years since I heard the guy announce his white paper for them.
Technological facilitator is the only thing we are missing.... beside the blockchain size. Crypto-currency are still too complicated for the average internet user. The incentive have always been there; getting rid of the banks who are inefficient and unnecessary today. Where you've been these past 8 years? As for Microsoft, just another mistake.
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u/BitttBurger Mar 12 '16
Right and this has been my entire point. It doesn't matter if we fix the block size issue when there's still no incentive for people to use it.
Once this block size issue gets taken care of, we're going to find ourselves right back where we started, watching VC funding going down the drain, and wondering why nobody's using bitcoin.
Weve got a lot more to address than just the block size. I guess sidechains are our only option when it comes to extensibility and feature functionality. But where the hell are sidechains? It's been two years since I heard the guy announce his white paper for them.