Despite Soaring Price, Bitcoin Remains A Minor Player In Consumer Purchases

But while bitcoin was envisioned by its pseudonymous creator Satoshi Nakamoto as a payment system–a kind of “electronic cash” usable without the need for third parties like credit card companies–cryptocurrencies still seem to be primarily seen as investments. They're mostly alternatives to investing in …
Google Alert – bitcoin

Jihan Wu: “blocksize is a minor issue that cost the community so much damage. It has given too much opportunities for some people who are altcoin developers. We have more challenge to solve, for the future of Bitcoin rather than a blocksize thing.”

Jihan_Bitmain full quote : "Hi I am fine. Thank you. I am pretty busy after the U.S. trip, and I don't have the time and mood to talk on the social media right now. But I read on r/btc and r/bitcoin. BIP109 is a compromise. They want to reach something by compromising, but it will not work. 2MB cap would bring us trouble in less than 1 year if it is selected by miners. I don't think I will vote for BIP109. We need a plan that will not drag the community into the blocksize issue from now on. For the growth of Bitcoin, blocksize is a minor issue that cost the community so much damage. It has given too much opportunities for some people who are altcoin developers but also claiming to be Bitcoin reference client software developers. We have more challenge to solve, for the future of Bitcoin rather than a blocksize thing. Bitcoin has a very long way to go to be a world reserve currency. I think everyone reading this post should buy a mini PC, like Intel NUC, in his home, with 500G-1TB disk and wifi. It cost less than 500$ . It is running a full node, so don't go extreme to try to run it on a 10$ worth second handed RasPi. It will be able to support the network for at least 2-3 years. By adding HDD on the USB port and some pruning, it will be lasting even longer. You can express your point of view by running a certain kind of full node you like. It will be much more cheap and stable than running in VPS in the long term."

submitted by /u/Guy_Tell
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