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bitcoin4all | 5 months ago (raw) | root | parent | reply | flag +1 
 People report this as if it is a bad thing. I would take a US$ backed by gold over what we have today. It’d still be fractional reserve dollars held in a bank but it would be grounded to reality. An unbacked currency is the problem we need to solve for. Bitcoin ties value to the real world: Time and electricity. If future generations want more sovereignty, let them fight for ground. The tools get better all the time, but the tools demand a stable foundation. Bitcoin is that foundation. Do not fuck with it.
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techfeudalist | 5 months ago (raw) | root | parent | reply | flag +1 
 💯

People are upset with high fees and I understand because I’m upset with high fees too. 

I just value greater decentralization over lower fees. We can’t allow governments to capture the network. 

I’m not opposed to smart changes to bitcoin but we need to be strategic and think long term. We can’t be rushing out changes because someone is panicking over the current thing. 

We might discuss and consider the change for 10, 20 years or more before finally reaching consensus. That’s ok because we’re building bitcoin for the next 1000 years. 

We need to ask ourselves:

1) Can the issue be solved in any other way, other than a change to the core protocol? Have we waited long enough for other solutions to emerge?

 2) If we must change the core protocol, what is the most limited change we can make that actually solves the problem?

Bitcoin protects the world’s money and is our hope for the future. We can’t mess it up.