Re:Ask HN: What will be the future of Bitcoin?
by lucozade on Friday February 02, 2018 @01:56PM
(#16293181)
I think you're probably right with most of this.
Not sure about it passing with flying colors though. Currently, it is fundamentally failing at the job it was created to do.
Where I think it's been very valuable is that it has been properly stressed. We now have a good understanding regarding the parts that worked well, the parts that worked but were a bit crap and the parts that were a complete disaster.
Hopefully, when the infants and morons go find some other shiny, shiny, cooler heads will pick up the pieces and build Bitcoin 2 with some of these problems fixed.
My hope is that the hype train grinds to a halt rather than plunges off a cliff taking the idea with it. It was as good idea but with limitations that could, possibly, be rectified.
Not sure about it passing with flying colors though. Currently, it is fundamentally failing at the job it was created to do.
Where I think it's been very valuable is that it has been properly stressed. We now have a good understanding regarding the parts that worked well, the parts that worked but were a bit crap and the parts that were a complete disaster.
Hopefully, when the infants and morons go find some other shiny, shiny, cooler heads will pick up the pieces and build Bitcoin 2 with some of these problems fixed.
My hope is that the hype train grinds to a halt rather than plunges off a cliff taking the idea with it. It was as good idea but with limitations that could, possibly, be rectified.