Bitcoin magazine arrived at
Thank you very much for the interesting article. I think the Bitcoin has great potential. After all, it is inflation-proof and relatively secure. Thank you for the article and I agree with Karl.
Since the established currency systems are crumbling, I also see great potential in bitcoin for the future. Best regards, Heinrich Der Bitcoin has meanwhile become an indispensable alternative currency.
This is a very positive development. It is remarkable how complex and sometimes very detailed the opinions are. But read it for yourself. And if you still want to get involved, you are welcome to do so.
The three questions are: Bitcoin will be 10 times bigger, and Ethereum will grow even more strongly. I am referring to the volume of transactions and the companies and jobs in this sector. However, this does not necessarily mean that the price per unit is also rising.
Many applications will use the Blockchain or Ether, but only in the background without users knowing or noticing. I am Ricardo Ferrer Rivero, co-founder of Pey, a blockchain-based mobile payment solution.
Our current solution uses the Bitcoin blockchain and therefore we are directly affected by the current debate. Usually backlogs of bitcoin transactions waiting to be processed by the network] and the transactions are not confirmed as quickly. But we do believe that the community will soon find a solution.
Otherwise we will all lose…. If this is the case, the better solutions will be established. I think, however, that regardless of this, the Blockchain technology will continue to establish itself and be integrated into our daily lives.
I have to deal with Bitcoin professionally and I hope that this will continue to be the case. I think Bitcoin is great and really exciting because we get the opportunity to think money anew. Ethereum is also exciting and has great long-term potential, but at the moment I see few reasons that justify the tremendous increase in value.
So far, however, ethereum has been pure potential, while bitcoin is taking on economic functions. As editor of bitcoinblog. There are legitimate views, concerns and approaches on both sides of the debate that I understand.
However, my personal opinion is clear: It was an enormous stupidity to exaggerate such a controversy around the scaling to limit the growth of bitcoin.
Instead of the negative, destructive and camp-forming squabbling that we have at present, we need a positive, constructive and open dialogue.
Dialogue means that both sides have to listen to each other and make compromises. The current trend, however, is that the Bitcoin community is divided into two ideologically incompatible camps. If the block size problem is solved, there will be nothing to stop the bitcoin.
Ethereum can, as already described in this article, assist with various tasks. I doubt, however, that Ethereum will replace the Bitcoin as the key crypto currency. Accordingly, a failure of the bitcoin caused by the blocksize drama would set the development of the cryptocurrency back by years, if not decades. At this point I speak for myself personally; my opinions and views do not necessarily reflect the opinions and opinions of the German Bitcoin Association, its bodies or members.
Privately, I have been working with bitcoin since My enthusiasm of the first few years has not subsided until today. I still consider Bitcoin one of the most exciting political experiments of our time. At Breitband, the journalist Thomas Reintjes was a guest and this has become a very worth listening to conversation, because at the same time open, critical and clear. You can listen to it here. But why Thomas Reintjes in particular?
The journalist knew what he was talking about, because he had the world computer. How the Internet should become transparent, secure and autonomous is to be made already at the beginning of March and also for Deutschlandradio Kultur a very, very good half-hour feature. The audio file can be downloaded here directly as mp3, here the script as pdf. Otherwise, I would have missed this feature and that would have been a shame. The narrative technique was not the only thing that made the topic ingenious and wonderfully playful.
Too few people understand them and too many talk about them. On Monday I asked three questions about the booth of Bitcoin and Ethereum. Now it is time to publish the first responses from the community. As it turns out, however, the picture is extremely varied. But read for yourself. And if you still want to involve yourselves, you are welcome to do so. The idea of decentralization is grandiose and what most people want.
Finally, I have unlimited power over my account and can carry my money off to any part of the world without any restrictions. I heard about Bitcoin for the first time in the podcast of Tim Pritlove. About 3 years ago I bought my first Bitcoin and bought almost two of them with a graphics card.
At the beginning I spent a lot of time to understand Bitcoin from the technical point of view and since then I have been very enthusiastic about the possibilities offered by the technology. I regularly read your blog as well as many other sources. I use Bitcoin in my everyday life for the following: I also participated in the crowd-funding of Ethereum because I see a real added value compared to all other Altcoins.
I think I understood the basic concept of Ethereum quite well and I already have a node in progress. Since I am from Switzerland and we have direct democracy here, I am accustomed to the fact that there are often heated debates, particularly before referendums. As soon as the decision has been made, it all calms down again and the world continues to turn. In that sense, it leaves me pretty cold.
Personally, I am in favour of increasing the block size, but alternative approaches such as the Lightning Network and payment channels should not be neglected. Both networks will have grown very strongly once again and have been extended with some new functions, which probably hardly anyone thinks of today.
Until then we will go through some ups and downs for both of them. Not only will the support of these networks grow, but also the resistance will grow. Because future forecasts in this area are incredibly difficult, I will leave it at that.
Every day, I spend a few hours learning about everything new around Bitcoin, Altcoins and everything else that can be done with decentralized trust mechanisms, such as Safenet or decentralized data cloud or Open Bazaar. Try to tell as many people as possible about the Bitcoin and I have already bought some things with Bitcoin. The blocksize debate is driving me into the face with worry lines. Peter Todd Bitcoin Core Developer believes that it is possible to scale Bitcoin without increasing the block size by using the Lightning network.
Opening and closing Payment Channel are two transactions per user. In the future, million users want to open a payment channel and later, they will be able to use the payment channel for a number of purposes. It is hardly surprising that the Satoshi Roundtable did not lead to a result.
The latter boasts his free culture of opinion, but does not use it constructively, but rather degenerates more and more into a valve for frustration, anger, wailing and trolling against the other subreddit. The accusations of censorship against the local presenter Theymos are not unfounded, and the extent to which a culture of fair-weather contributions that distorts reality is cultivated there cannot be easily recognized when reading the posts that have been activated.
Both, the gaps at the developer level and the differences in the community, create general uncertainty. However, Bitcoin seems to be experiencing this trend increasingly. This impression is even more pronounced when news is circulating, such as the fact that Microsoft no longer accepts bitcoins.
However, this only applies to Windows 10 products and is less worrying than it may seem at first glance. It is much more important that the company continues to use bitcoins for its Xbox business. There, the target group is much more concentrated, which is actually willing and able to pay for digital content with Bitcoin. The backward step in Windows 10 should not be overestimated, especially without an explicit explanation, especially since such a step in experiments with new payment options is a result that one must realistically expect.
Bitcoin is not the ultimate and perfect means of payment for every conceivable situation. In , Bitcoin Magazine began publishing a print edition and has been referred to as the first serious publication dedicated to cryptocurrencies.
In , while still Editor in Chief of the magazine, Alisie was involved with Cody Wilson in the darkwallet project. From Wikipedia, the free encyclopedia.
Retrieved 22 September Retrieved 17 September The Bitcoin Big Bang: Teenage hacker transforms web into one giant Bitcoin network". Retrieved 7 February A radical way to Bitcoin". Retrieved 24 January The Hunt of Satoshi Nakamoto. The Age of Cryptocurrency: