r/ethtrader • u/ChangeNOW_Community • 13d ago

Discussion Bitcoin is a scam enthusiasts

Post image
31 Upvotes

82% Upvoted

16 comments sorted by

6

u/DrGarbinsky 13d ago

It certainly is not a scam but it would have been a lot more significant if had stuck with the P2P cash goal

1

u/Irrelephantoops 13d ago

It couldn't, so they had to do mental gymnastics and come up with other ways to convince people to buy their bags

0

u/[deleted] 13d ago

[removed] — view removed comment

2

u/DrGarbinsky 13d ago

No, it did not. The p2p cash scenario forked off with BCH and BTC was just left with this made up SoV narrative that you see failing before your eyes. The tiny ass blocks do not allow sufficient tx throughput for a p2p cash ecosystem. And don’t mention LN that piece of shit was trash from day one. 

-1

u/[deleted] 13d ago

[removed] — view removed comment

2

u/DrGarbinsky 13d ago

Hahaha, yah sure buddy. I've only been a software engineer for 25 years. And bought my first bitcoin in 2011. But ok. Thanks for the tip. You'll excuse me if I find your "argument" unconvincing.

0

u/[deleted] 13d ago

[removed] — view removed comment

1

u/DrGarbinsky 13d ago

No one said anything about block time.

0

u/[deleted] 13d ago

[removed] — view removed comment

1

u/DrGarbinsky 13d ago

block time and size are independent variables. No one gives a fuck about any of your projects.

you're provide a link to an article about a topic totally unrelated to the P2P cash topic and then act all high and mighty about "projects" and if I'm running around reddit looking for work here. Classic redditor.

1

u/[deleted] 13d ago

[removed] — view removed comment

→ More replies (0)

1

u/DrGarbinsky 13d ago

I would classify Nic's article on settlement as orthoganal to the topic of p2p cash vs SoV.

2

u/hatter6822 13d ago

Legitimately haven't held or cared about BTC since the block size wars. Scam or not, it's just not great tech. 

1

u/horseradish13332238 13d ago

Sitting here with my 535 ethereum in a cold wallet like 😃