Microsoft: “Some blockchain communities increased on-chain tx capacity (blocksize increases), this approach generally degrades the decentralized state & cannot reach the millions… we’re collaborating on decentralized Layer 2 protocols that run atop ‘BTC’ blockchain to achieve global scale”

Microsoft: "Some blockchain communities increased on-chain tx capacity (blocksize increases), this approach generally degrades the decentralized state & cannot reach the millions... we're collaborating on decentralized Layer 2 protocols that run atop 'BTC' blockchain to achieve global scale" submitted by /u/antonesamy
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Bitcoin – The Currency of the Internet

Reasons why these price increases are NOT a good thing. no FUD, all facts.

If bitcoin keeps going up at these rates we are going to see some seriously bad side effects here. you may not believe me, but all of these things are MAJOR issues.

  • i only have enough room in the garage for 1 lambo. having to park the second lambo on the street is something i'm not comfortable with.

  • even at the best of times, my productivity at work has some serious holes in it.but recently i've noticed a direct relationship between the price of bitcoin and how much time i spend on reddit/gdax. by my calculations, when we hit 20k i will be spending exactly 61 minutes per hour looking at something crypto related. this is obviously impossible and will break time itself.

  • The memes. We aren't sure what happens when memes reach a critical mass, we just don't have the technology to determine this yet. so far the best theory modern science can come up with is it forms some kind of meme-black-hole which absorbs any and all memes which happen to cross the event horizon. after all memes haves been crushed into the singularity we will be left with only "is it too late to buy bitcoin" posts.

submitted by /u/BluntLord
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Bitcoin – The Currency of the Internet

Reasons why these price increases are NOT a good thing. no FUD, all facts. (reddit.com)

If bitcoin keeps going up at these rates we are going to see some seriously bad side effects here. you may not believe me, but all of these things are MAJOR issues. i only have enough room in the garage for 1 lambo. having to park the second lambo on the street is something i’m not comfortable with. even at the best of times, my productivity at work has some serious holes in it.but recently i’ve noticed a direct relationship between the price of bitcoin and how much time i spend on reddit/…

Bitcoin

Total Supply of Tethers Increases By 20% in One Week (news.bitcoin.com)

The controversy surrounding the correlation between the release of new Tethers (USDT) and dramatic price spikes led by Bitfinex trading continues. 20 million new USDT were released shortly before a single market buy of approximately $ 13.5 million USD worth of bitcoin was executed on the 8th of November. The sudden spike in buying pressure quickly drove the price of bitcoin from $ 7075 to $ 7350 in less than 60 minutes. Since then, an additional 20 million USDT have been released into

Bitcoin

Andreas Antonopoulos: “With each one of these [block size] increases, fewer people can participate in the validation… Fewer people can participate in being independent actors. We go from a system that is decentralised, to a system that is more and more centralised.”

Andreas Antonopoulos: "With each one of these [block size] increases, fewer people can participate in the validation... Fewer people can participate in being independent actors. We go from a system that is decentralised, to a system that is more and more centralised." submitted by /u/TryBobby
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Bitcoin

“As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value.” ~ Satoshi Nakamoto

"As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value." ~ Satoshi Nakamoto submitted by /u/killsonicme
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Bitcoin