/biz/ - Business & Finance

>>11780075

Now, what we need to do. Moore's Law is going to continue. Like it our not. To paraphrase a quote from Greg [Maxwell?], "if we just rely on Moores Law, that's not a real scaling solution because we haven't done anything."

Who cares? It works! If other people create systems that make our life easier, why is that bad? If we scale a thousand times in ten years, that's good. Over time, it will get bigger and bigger. It will get used more and more. As Peter [Todd] is so afraid of, there is no top. And if there's no top, good!

The faster, the higher, the velocity of money, the more it's worth. Linear growth. Who cares? We have number of Bitcoin transactions. If we scale, we go past Visa; we go past Mastercard; and we get to a point where we exceed all global transactions. Then we succeed.

When we get, in this number of years [chart goes to the year 2040], way past everyone else, we win. There is no "attacks of centralization" or anything else like that. It becomes too big. When it's small, it's easy to stop; it's easy to manipulate; it's easy to control. When you add sidechains; when you add other things that take away from the core of the network, you steal the security model; you steal the value. When you do this, that's what destroys Bitcoin.

We have an unlimited block strategy. Stop thinking short-term. We're not. I am here not for the short term. Like it or not, you're not getting rid of me. We're going to be here twenty years. And it's very simple: we'll help create, release, and aid with code development that is not going to be taking from the Core system. We will scale radically.

And if you don't want to come along? Stiff shit. I don't care. It's very simple: you're with us, or you're against us. And if you want to be against, that's your problem. We're going to compete, but we're going to compete by growing the value, and we're going to make this grow rapidly because when it grows, that's where the value happens.