Justus Ranvier [ARCHIVE] on Nostr: 📅 Original date posted:2015-05-07 📝 Original message:-----BEGIN PGP SIGNED ...
📅 Original date posted:2015-05-07
📝 Original message:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
On 05/07/2015 04:04 PM, Jeff Garzik wrote:
> - This is a major change to the economics of a $3.2B system. This
> change picks winners and losers. There is attendant moral hazard.
This is exactly true.
There are a number of projects which aren't Bitcoin that benefit from
filling in the gap left by Bitcoin's restricted transaction rate
capability.
If Bitcoin fills that gap, Bitcoin wins and those other projects lose.
Should decisions about Bitcoin development take into account the
desires of competing projects?
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📝 Original message:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
On 05/07/2015 04:04 PM, Jeff Garzik wrote:
> - This is a major change to the economics of a $3.2B system. This
> change picks winners and losers. There is attendant moral hazard.
This is exactly true.
There are a number of projects which aren't Bitcoin that benefit from
filling in the gap left by Bitcoin's restricted transaction rate
capability.
If Bitcoin fills that gap, Bitcoin wins and those other projects lose.
Should decisions about Bitcoin development take into account the
desires of competing projects?
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