/biz/ - Business & Finance

He did not say that

>>11987808
newfag

>>11987808

Yes he did. It was said at the Bitcoin Conference in Israel

>>11987697
Its redone text feom that grandma from sweden from jewish community saying how jews will have a leading role or something

>>11987808
No, it would be too honest.

>>11987846
What did Adam Back mean when he said
"Bitcoin only exists to serve the nation of Israel"? It sounded very odd to imply that peer to peer digital gold has something to do with the Jewish people. I didn't quite understand that

>>11987697
>lightning network
lol

>>11987868
Exactly what he said goy

>>11987846
jesus christ did he really say that?

Am I the only one that seems to get that the solution to blockchain scaling is to make thousands of blockchains? Weve already got scaling because there are thousands of blockchains. Most blockchain payment companies accept like 100 different coins. They can all operate simultaneously. Combine them together and thats like 10k transactions per second.

>>11988039
the real redpill is that there are coins that exist without "bitcoin" in the name. Eos can do 1mil tps with 0.5s blocks. None of these bitcoins are real. Eos is the real bitcoin now.

>>11987808
you need to go back

>>11987697
>lightning network
anon, i...

>>11988109
The name "Bitcoin" is not important.
Look, you know what I want? I want to be in a cooperating community with the people who were wise enough, had vision enough, and were forward thinking enough to invest heavy in Bitcoin back when everyone else in the world was all like "BRO LOL NERDCOINS HAHAHA". Then they were wise enough again to fork off despite relentless social pressure and propaganda campaigning when it was obvious that BTC was never going anywhere due to the sabotage and hijack of core. Then they were wise enough again --not to fork off-- when simple hollow platitudes and spouting nonsense from an obvious conman amongst threats and promises which were never even bought close to fruition on the next iteration.
That's the real fucking value, being in a ledger cooperating with these people who went through that process of natural selection. That is what I care about. I could think of little else as a better mechanism for weeding out the exact people in the world who are most likely to share my vision for a world without states and central banks, and who have the dedication, intelligence, and wisdom to pursue it no matter what shit gets thrown at them on the way.
These other chains are interesting, as an engineer evaluating them from a technical perspective. They have plusses and minuses, and they in turn are building communities just like BCH has been for the past ten years. And those communities I'm happy to also be a part of for now, until they do something which I disagree with. But that is not "home" to me. Home is with the BCH'ers.

>>11987697
Why would an exchange adopt it? There's no reason for them to--it's for payments, not trading

>>11988072
They're all coupled to BTC. Consequently, manipulation of the value of BTC can influence all of the other coins still coupled to it. That's why just having tens of thousands of alts isn't necessarily a solution to the scale problem. First, coupling to BTC must be broken, then and only then with an independent new chain uncorrelated from the kiked BTC one can anything actually usefully be accomplished.
BTC must die for the legitimate promise of the competitors actually worth a damn to show.

>>11988220
tldr

>>11988243
price has absolutely nothing to do with scaling. bitcoinsSV is less than a hundred bucks and can do like 50k tps.

>>11988323
he basically said he likes the people who made ABC for some reason. He never really said why, just stuff about "wise" and "conmen"

>>11988336
Are you a liar, or just ignorant?
Price has nothing to do with scale right now because the market is irrational and has invested in a value proposition that is manifestly false and in fact quite idiotic. When a genuine value proposition is adopted; that is, widespread medium of exchange, price will have everything to do with scale, as long as the properties of the ledger are simultaneously preserved.

>>11987697
OP Is a brainlet moron who doesn't know what the Lightning network is for. Obvious its going to speed up the transactions per second and allow for atomic swaps to alts.

>>11988343
Because they're doing the correct thing. Pursuing on chain scaling intelligently as necessary and optimising it to actually allow the network to provide the capacity at a market derived pricepoint. They are the only Bitcoin derived blockchain actually doing this. And the vigor with which they are attacked should really clue people in on the fact that there are many who desperately do not want this to become a reality.

>>11987808

>>11988347
>I wish BAB could do 64mb blocks

>>11988388
I wish you'd choke on a donkey's cock, and unlike 64mb blocks, there's no drawback at all to that outcome.