buddhamangler
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December 13, 2014, 02:29:58 PM

The Blockchain solution to decentralisation is a broken one, and BTC is not viable as a currency long term (for the reasons posted many times before and that I listed few days ago).
At the same time, it cannot e replaced by a shitcoin that, behind the gimmicky features (being anonymous, slightly faster transaction times,  etc), shares the same fundamental issues.

It will be replaced by something that works in very different ways to avoid the BTC and Blockchain fuck ups.
For one, it will need to be a decentralised network that allows any existing currency or anything else of VALUE (that cannot be double spent) to be "put in the network" easily and in a frictionless way.

Similar protocols exist today (like Ripple), if they won't be the future specifically, something else that works in very similar ways, will.


And I know that you don't wanna hear stuff like this because you wanna get rich quick with the pyramid scheme aspect of Bitcoin... At least don't lie to yourself.

Ripple is not decentralized you nitwit.
Transactions are carried out in a decentralised way (the main idea behind the original satoshi paper, that you don't need a trusted third party), only the distribution of XRP the currency is centralised.

Try again.


Can we please stop talking about ripple? If you think I'm saying with certainty that ripple is the future and BTC will die, you either didn't read my posts or you didn't understand what I said.

If by decentralized you mean by gateways that can and will exert control on your centrally distributed currency, then sure, its decentralized.  Have fun with that.  /s