Nick Szabo  🔑

@NickSzabo4 here's another: Tell millions of people they can use it for free personal banking and transfers, then stop it from scaling.

@gubatron @NickSzabo4 Bitcoin never told people that, people who were bad at sales told people that (hype). Under-promise, over-deliver.

@lightcoin @NickSzabo4 then let's blame it on @aantonop and "the other 6 billion" unbanked we signed up for.

@gubatron @NickSzabo4 let's ask him. @aantonop do you think the other 6 billion will be buying their morning coffee on-chain with bitcoin?

@lightcoin @gubatron @NickSzabo4 if bitcoin succeeds most will not know they're using it. Most use will be off-chain or payment channels.

People using it as a store of value will absolutely know they're using Bitcoin.

Store of value is like gold. You don't pay your coffee with gold...

bitcoin is great because it can do both really well.

@NickSzabo4 bitcoin is emulating nature. in time it will come out much stronger

@adrianbye @NickSzabo4 great analogy. It's evolution. Without evolution, humankind would have died off many years ago.

@BitcoinXio @adrianbye @NickSzabo4 in nature the mutation would need to compete with the original, not immediately replace it

@coolbearcjs @NickSzabo4 I do suggest you very carefully read our recent research paper on scalability

@coolbearcjs @NickSzabo4 It is precisely that we have invested so much, we are carful analyzing everything hundreds of times before the move

lets come back to that statement in 12 mths