#bitcoin is about financial sovereignty. If you think it's merely about fast and cheap you're short-changing yourself.
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My self-acknowledged deficiency in technical prowess was responsible for which error in my blogs?
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Fast, Cheap, Sovereign. Pick two.
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Can trade off some sovereignty for speed or cost at higher layers...but cannot regain sov. lost
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I'm unconvinced a 2-4MB block = lost sovereignty. Less adoption, however, does.
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HFs take us out of engineering and into politics. And the security risks are significant.
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It's more about how we get to X than what X is.
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Getting everyone to agree to an incompatible change is *hard* and the reason govts came to be.
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