Torque
Legendary
*
Offline Offline

Activity: 1834
Merit: 1501



View Profile Personal Message (Offline)

Ignore
June 15, 2017, 09:57:43 PM

Anyone else feel that Bitcoin would be a world dominator already if it wasn't for human greed, stupidity, and corruption?

Human nature is clearly Bitcoin's biggest weakness..... what satoshi should have done is embed consensus protocol rules into how the code was managed and released. No debate, just information and observation.

Yes. Satoshi probably never envisioned where miners would 'block' needed upgrades to game the system to their advantage, or over politics (i.e., that they can be bought by bad actors to deliberately slow Bitcoin's progress. Of course this could happen to any crypto).

I also blame Gavin et. al. for not addressing the double spend bug and hooks to enable something like LN much earlier, before the big miners got involved and ruined everything. You can't reverse something once it's in the code and accepted by the miners.