Enough is enough – change the PoW!


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I have been a BTC hodler since mid 2016. I love the ideals of anarcho-libertanism and the mere curious fact that I dont need to trust any government or some big bank to store my wealth, and that I can store it in my own brain. I have gone through all of the recent drama (China fake volumes, PBOC bullshit, hardfork scare etc etc) without blinking. But when I heard that LTC will start activating segwit I finally got euphoric, because it could be the ticket for BTC to do that. But yesterday's event of just one Chinese individual using his monopoly to undermine progress finally opened my eyes to the bullshit that Bitcoin is decentralised or ever will be with the PoW algorithm as it is today, even if Segwit is activated. Unless we go nuclear and fundamentally change the PoW BTC will be dragged back and into oblivion as the fundamental proposition of decentralisation will not be there. I am willing to lose half of the value of my holdings in the short term, but long term it will become what we all want it to be, a decentralised, libertarian symbol of freedom. It IS worth the hassle!

submitted by /u/3xc3ption
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247 BTC

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


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