« Back to home

I don't support Bitcoin scaling.

You didn't misread the title. I don't support SegWit, I don't support bigger blocks.

I think it is time to stop Bitcoin development.

The scaling debate hasn't shown strength, it hasn't provided a 'trial by fire' childbirth of something greater.

When Bitcoin is through whatever happens after August 1st, it will be weaker, it will be less valuable than it could have been. It will bounce back, but I don't think the community or the currency could handle another fight.

We're divided as a community. It is time to let Bitcoin be. Bitcoin is not going to be used for coffee. Even if it is, at this junction, highly financed and better governed altcoins are going to beat it out for a race towards consumer transactions.

Bitcoin doesn't need faster transactions, it doesn't need figureheads, it doesn't need months, hell years, of back and forth arguments. It doesn't need FUD, it doesn't need bots, it doesn't need four separate subreddits.

Bitcoin works.

It works as a store of long term value. It works as an investment vehicle out of fiat.

This scaling debate hurt that one, last value proposition Bitcoin had. After this upcoming fight is over, can we finally just let Bitcoin be?

Sure, there are problems with Bitcoin, but other projects can solve those problems. Unless there is a pressing security issue with Bitcoin, I don't think any changes need to happen, ever again.