[flotillo]

Blockchain protocols typically aren't designed to be scalable because, based on what they are actually used for, they don't need to be.

Bitcoin was a cryptography research project that became popular outside of the usual circle of people interested in such things mostly due to these three somewhat overlapping groups: get-rich-quick types, criminals, and people who have deluded themselves into believing that Bitcoin will usurp the world's major currencies.

One those three, only the last group have any interest in massively scaling up blockchain technologies. Those looking to speculate on Bitcoin markets have no such concern, and the criminals are just feeding off Bitcoin's popularity for this rather than having an interest in making it scale; besides, they'd prefer a more anonymized cryptocoin to be popular rather than something that makes public the entire transaction history.

The 'true believers' of Bitcoin are outnumbered not only by these other two groups, but also by the general population who have no use case for Bitcoin at all.

This is why scalability is such a fringe issue for Bitcoin and other blockchain protocols - they're all just solutions looking for mass-scale problems.

[bitxbitxbitcoin]

So there are four groups? The usual circle, the get-rick-quick types, criminals, and people who have deluded themselves into believing that Bitcoin will usurp the world's major currencies?

Do only the 1st and 4th group hold? The 2nd manipulates the market best they can, and only the 3rd and maybe some in the 1st are actually using it?

May I ask - What do you think are hallmarks of the usual people or the true believers of Bitcoin?