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by CryptoPunk 3117 days ago
This overcautious, "let's test everything for 10 years before trying it" approach is exactly what Bitcoin doesn't need when it has 0.001% of world transaction throughput.
1 comments

Bitcoin is the conservative approach to any change that decreases the keystone of decentralization that allows it to survive. The market is deciding what it values.
The market is reacting to the fact that Bitcoin is in the public consciousness, and that is a result of years of advocacy done for Bitcoin, when its advocates (e.g. Roger Ver, Coinbase, PayPal, and all of the other signatories of the SegWit2x agreement) still believed that it would scale with large blocks and thousands of transactions on-chain per second.