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RE: Halving Aftershock: Fees Moon on BTC Runes Rollout

in LeoFinance7 months ago

I've been reading Roger Ver's book, and he touches on this (not Runes specifically) but fees vs blocksize etc. It is a really fascinating read (although I was around at the time I din't have a front row seat)... I highly recommend.

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At the same time if people wanted bigger blocks they'd use bigger blocks.
There are no shortage of options, and yet the free market seems to keep using BTC.
The Hijacking Bitcoin book sounds interesting... maybe one day.

That much is true, alternatives exist... lots of them, and that is why we will succeed long term. The thesis of the book so far, (i'm only 10 chapters in) is that Bitcoin was originally intended to be peer to peer digital cash and not a store of value. His take on maximalism is spot on and it really relates to potentially why the market has decided on small blocks as opposed to big blocks. $513 is a cheap hedge on still being a whole coiner ;)

Honestly it doesn't matter what Bitcoin was originally built for.

That's just something a person says because that's the direction they agree with.
The Internet wasn't built for porn but that's a main use case.
To assume the inventor knows best and can predict the future is flat out bias.
We only make that argument when we agree, and ignore otherwise.

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My intention was not to start a arguement, your points are all valid. My point was to suggest a book to you as you would likely enjoy it and probably get 20 blogs worth of posts which I would be interested in reading.

Yes and I thank you for the tip.

It's just hard to commit to reading something that I know I'm going to disagree with.
In fact I can't even remember the last time I read a book.
It's been over 10 years.

Lol...

I'm listening to the audio book. Same (likely 5 years though).

There is some opinion but a lot of it is just history (seen through that certain lens of course), but I know you can read through that without being brain washed.