Just a few thoughts about the scaling debate

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Kryptous

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I'm in bitcoin from late 2012 , when I first enter bitcoin it was for one reason only , freedom , a freedom from centralized authority money controlled by states and banks . that's it . I will not exchange risking the most valuable property of the network just because people think you should be able to pay coffee with bitcoin , bitcoin was meant as I see it to enable one save his savings from the hand of minority controlling the money system . So now their is the notion that bitcoin should handle micro-payments and have low fees , why ? let other coins fill this gap . Until a really large scale solution will come there will always be a store of value that will handle movement of large funds and be safe to use and not vanish one they , It is obvious to me that Bitcoin is the best choice now . I would be happy to see other experiments like BU fork bitcoin and wait a period to see users realize their privacy and freedom taking by big companies , and centralized mining pools , because if you want lower fees and fast transactions something you will have to give back in return and that is your freedom , well you can easily use credit or FIAT money it has no fees at all , but remember what is the main reason you join Bitcoin , don't try to add to it extra features that will harm its top priority one .

submitted by /u/Hddr
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $30369.62 USD  (via Coinbase)
1 ETH = $2039.51 USD  (via Coinbase)
1 LTC = $71.76 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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