20 sats \ 2 replies \ @kruw 1 Nov \ on: I want to talk about the Blocksize Wars bitcoin
Who cares? Bitcoin is a science project, so even if the Bilderbergs were 100% publicly in support of small blocks, that wouldn't change anything about the engineering properties involved with building a decentralized base layer.
Miners have an incentive to create the block that awards them the highest fee. Relying on altruism from miners (the idea that they will prefer a lower fee transaction just because they saw it before a conflicting transaction that pays a higher fee) is economically blind reasoning.
Yea, I agree.
But why are there so many people who disagree? People who agree with us all the way up to the very end. They aren't stupid.
reply
They could be stupid or they could be malicious. Some people crave the failure of projects that compete with theirs. It's not like the BCH people are happy about Lightning or the XMR people are happy about coinjoins, they purposely attack these innovative solutions because it makes their investment obsolete.
reply