/biz/ - Business & Finance

>b-b-b-b-b-b-b-but Satoshi wanted BTC to be a currency and BTC is not a currency because pgnweng
Fuck off. Satoshi is a moron. His idea for the blockchain is innovative and his idea to apply it to a digital, P2P, decentralized currency is genius; but his idea doesn't make much sense:
>a currency whose price is determined by the market
>if there's too many transactions, the price drops (this is not a technical limitation but rather how the market works) and the transactions take longer (this is a technical limitation)
It doesn't scale. Just like a lot of Internet protocols, it does the job good enough but fails when used in the real world because the author couldn't foresee how it would actually work IRL.
BTC and BCH still have their uses, but the e-drama that ensued is fucking pathetic and totally useless. What the devs are doing are just small patches that won't fix the overall issue of BTC: it doesn't scale up.