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March 11, 2016, 09:11:41 PM

Core's vision make no sense

they want to make bitcoin full nodes be able to run by anyone
but they want the use of bitcoin to be limited to elite central bankers types

i dont get it.

They lack economic vision entirely. They preach about decentralisation, whilst openly trying to convert bitcoin from p2p cash to a settlement layer. Why would people continue to run nodes for an ultra expensive high value settlement network which processes very few transactions? There is no incentive to do so.

Plus economically why are new users going to be attracted to bitcoin with finite transaction capacity and rising transaction fees above alternative chains and payment networks? Bitcoin is amazing because it combines all the best properties of cash with gold. They want it to just be gold and there is a reason that is no longer used by the common man.