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by danShumway 1917 days ago
Changing the name or updating implementation details is not the same thing as completely abandoning the technology.

You're talking about building a completely separate payment system that has nothing to do with Bitcoin, that suffers from all of the original privacy and centralization problems as regular cash, but just because the funds get converted to Bitcoin after some purchases we're still going to pretend it's using the same technology and that it still aligns with Satoshi's original goals?

If we're doing that, then I'm declaring that my credit card is a Bitcoin system, because I can buy Bitcoin from Coinbase using a credit card. I'm declaring that Visa is already just a layer 1 payment system on top of a Bitcoin backend.