| > Here's the podcast where the bitcoin "market" fails NPR in just the first few minutes: http://www.npr.org/sections/money/2016/06/29/484029238/episo.... The "market" didn't fail NPR, a single transaction took longer than expected due to the transaction fee being too low at the time being sent. That's how markets work, and it's OK if you don't understand markets, but don't run around claiming that something has failed because you haven't taken the time to learn. > I said bitcoin has failed to scale because the miners who have consensus control won't accept any of the forks to increase blocksize. Bitcoin hasn't failed once, twice, but five times now with BIP 100, 101, 102, 103, and 109. That's not "failing to scale" because you don't know the end result. If bitcoin implemented those bip's and failed as a network it also "failed to scale" but even more it now failed as entirely. > If you think existence is proof of success, then I have some very successful beanie babies to sell you. Show me the current market for beanie babies, and I'll show you bitcoin's CURRENT tx volume, price increase over time, and market cap. It's not existence as proof, it was to show you that one needs patience. Bitcoin's utility is increasing. These other projects have 0 utility. If you disagree please show me anytime other blockchain projects real utility, that's not speculative. |
The end result of not accepting BIP is failing transactions. We know this, because it even happened to NPR. Who are you really trying to convince here?
You're also confusing asset value with success for a currency, even as we're entering a Bitcoin bubble from the Yuan crash. Show me a successful developed currency that has the same volatility of bitcoin.