Archived Molyneux predicts exactly how Bitcoin would be sabotaged back in 2014 (2 minute video) (hooktube.com)
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Posted by: 7e62ce85
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Archived on: 8/15/2018 10:00:00 AM
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Archived Molyneux predicts exactly how Bitcoin would be sabotaged back in 2014 (2 minute video) (hooktube.com)
submitted ago by 7e62ce85
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[–] Gorillion ago
I'm not up on BC. Has this come to pass?
[–] Mylon 0 points 1 point 1 point (+1|-0) ago
Yes, but not through any concerted effort. IT's just a natural consequence of the design of bitcoin. You have to offer a high transfer fee or miners won't bother with the processing power to include your transaction in their work. The design of bitcoin itself is also limited such that only so many transactions can be included. Thus you have a limited quantity (confirmations per block) that users must bid on to claim. This makes it cumbersome to use.
Other cryptocurrencies are designed to change the parameters of these limitations.
[–] 7e62ce85 [S] ago
Wrong: It is publicly known that Blockstream received AXA group investment (related to the Bilderberg group).
[–] 7e62ce85 [S] ago
Yes. The chain has even split into two over it: Bitcoin Core which is increasingly looking like some kind of old style bank network and Bitcoin Cash made by the community.