There’s no better Bitcoin. Bitcoin is the immaculate conception, the Big Bang of digital assets. It cannot be recreated. What it lacks in functionality can be built on L2s like Lightning and @buildonspark. Trying to build a better Bitcoin is a fool’s errand.
There’s no better Bitcoin. Bitcoin is the immaculate conception, the Big Bang of digital assets. It cannot be recreated. What it lacks in functionality can be built on L2s like Lightning and @buildonspark. Trying to build a better Bitcoin is a fool’s errand.
@davidmarcus @buildonspark Cardano is a better version of Bitcoin.
@davidmarcus @buildonspark Jason is speed running 15 years of Bitcoin history. Think he’s prob around 2013 right now. In the summer he’ll start discussing the benefits of larger blocks 🤣
@davidmarcus @buildonspark Agree. And, what it lacks in functionality can also be built on other chains (and is).
@davidmarcus @buildonspark Agreed. Bitcoin is a worse Litecoin
@davidmarcus @buildonspark David with all due respect… Litecoin is a better bitcoin… ever wonder why it’s called lightning network…. 😏
@davidmarcus @buildonspark I think of Bitcoin as a network. The larger the network gets, the less likely it is for something else to replace it. Too many people think of Bitcoin as an asset, app, or platform.
@davidmarcus @buildonspark With all due respect, Litecoin arguably had a fairer launch, or “immaculate conception”. Satoshi mined the vast majority of bitcoins the network offered during the initial year whereas Litecoin was mined by thousands on day one. Usage has considerably increased over the years.
@davidmarcus @buildonspark Trying to build another Proof-of-Work chain is a fool’s errand
@davidmarcus @buildonspark Trying to build another Proof-of-Work chain is a fool’s errand
@davidmarcus @buildonspark Funny thing about all of this is he had @DavidSacks on their podcast last week saying the exact same thing. Even used the word immaculate conception. Just Jason engagement farming as usual.
@davidmarcus @buildonspark What is a better bitcoin? Can anyone educate me on what the definition of better is?
The secret is that it's totally possible to build a better bitcoin, but no one has done it yet because all altcoins are designed to go up fast at the beginning and then bleed out eternally. This is because, so far, they have all cut corners on decentralization rather than improving on bitcoin. The things that make bitcoin sustainably valuable are the precise things that make it go up slowly, not quickly.
@davidmarcus @buildonspark It’s clear reading Scale by Geoffrey West continued innovation is required. We just need to eradicate the greed that comes with it.
@davidmarcus @buildonspark It’s clear reading Scale by Geoffrey West continued innovation is required. We just need to eradicate the greed that comes with it.
@davidmarcus @buildonspark I love these misinformed takes, as it shows we are still early. Even “sophisticated” investors don’t understand or have the mental models to grok BTC
@davidmarcus @buildonspark And I wonder what your statement would have been pre-Bitcoin. The reality as design philosophy shows, is that change is the only constant.
@davidmarcus @buildonspark Building a competitor to bitcoin is a fools errand, but building to make bitcoin better isn't. We cannot disregard the need to potentially make improvements to the protocol.
@davidmarcus @buildonspark Why immaculate? Who is Satoshi? Immaculate is transparency, not lack of it.
@davidmarcus @buildonspark David, Jason is a larp. We all know this.
@davidmarcus @buildonspark Similar to Libra or was the objective different?
@davidmarcus @buildonspark Big brain. Jason is cringe…
@davidmarcus @buildonspark Exactly there fools allow them to tend to their errands
@davidmarcus @buildonspark I agree. What we can do though, is AUGMENT Bitcoin's capabilities as perfect store of value with a full integration with a lighter UTXO chain with similar security, deterministic smart contracts, predictable fees, native assets, etc. Which is to say, #Cardano.
@davidmarcus @buildonspark EUTXO for the win -> #Cardano is the future of Bitcoin. $ADA all the way 🚀
@davidmarcus @buildonspark Translation: please buy my shitcoin. Only my shitcoin is the real shitcoin. The only way for me to make a return on my shitcoin is for others to buy my shitcoin. So please don't buy other shitcoins, please buy only my shitcoin.
@davidmarcus @buildonspark Yes there is. It’s called Cardano.
@davidmarcus @parkeralewis @buildonspark Even if someone did create an attempted Bitcoin replacement, if it ever caught on the whales would be trying to corner it. It’s a natural process.
@davidmarcus @buildonspark Ironically, LN and @buildonspark are in fact building a better Bitcoin.