281 karma · joined January 2, 2014
You can transact with your bitcoins *today* without being affected by the blocksize: just use the Lightning network.
It's a solved problem, so it's stupid to bring it up again and again nowadays.
Sure; however governments do dilute their share... err citizens away ;)
Completely agree with this sentence. Now, have you happened to frame this sentence in your head when talking about fiat money? Just wondering.
Sure, like it was happening 20 years ago, and we still had apps break ALL THE TIME when the user just upgraded to a new distro version or when she changed her distro. It's simply not scalable. It has already been tried. Sure, the flatpak world is not perfect, and I would never choose this option (maybe I like snap better), but it's a step in the right direction.
Please research the topic more, the Lightning Network solves this problem and is already being used with no issues in El Salvador.
That's a big when. Also, which government? The only ban on bitcoin that can be effective is the one in which all countries in the world collude, otherwise holders will move jurisdictions (to stop getting robbed from the government via inflation).
> all of the transactions will be tracked and the government will know who spent what on bitcoin.
Hahaha and now you tell me how? If this was easy to do, then technologies such as PayJoin or what Wasabi wallet implements would have been cancelled already. No government can stop this.
Sadly this is true, but not for long. Bitcoin adoption is still very small but it will grow. Once it grows to cover the vast majority of merchants in the world, the next flip of a switch will be in people's minds: they will start valueing things in bitcoin (or bits, or satoshis), instead of USD, EUR, etc. (In pretty much the same way people switched from drachmas to euros recently...)
And once that happens, people will stop thinking of the fiat monetary value of one bitcoin (or bit, or satoshi), and then your statement will not be true anymore.
Compare that to how monetary inflation works in the fiat world: they just press a button, et voi-la, they got their funding.
Signal did a bad move here, but they will learn their mistake eventually: once they remove shitcoin support and add bitcoin support.
Real dollars? This seems to suggest that USD currency is "real" while BTC is "not real". Exactly how does this rationale work in your mind? Why is a USD more "real" to you than a bitcoin? The latter involved real work (energy) to create, while the former was just invented by a politician (by QE) or a bank (by fractional reserve).
> ...otherwise they're victims of a scam.
What if I told you that maybe by using fiat currency you have been scammed all along for your whole life? Mind you, I still agree with you that NFTs are a scam, but not bitcoin.