Hacker News new | ask | show | jobs
by mhluongo 3407 days ago
The Core devs signed an agreement with these miners a year ago in Hong Kong, and the agreement was broken. Here are the consequences.

Clearly, politics won't be ignored- or Segwit would be on track for activation.

1 comments

The part you're missing is that Bitcoin is totally fine if it never changed from how it is today. Anonymity will come via Tumblebit. Lightning network can already work even without segwit.

Segwit never getting activated may even be a good thing. It will show everyone that Bitcoin has crystalized and can never be changed via petty human emotion. This was always Bitcoin's true selling point and we may be about to demonstrate it.

So yes, politics can and will be ignored.

Not at all. Like many in the space, I've had to consider and come to terms with the fact that this might be the best version of Bitcoin we have, forever.

But that's not politics being ignored- this is still a group of humans who couldn't come to an agreement after much politicking. That's politics being exhausted.

I do share your optimism that we have a system that can survive gridlock. It just won't fulfill much of its early promise.