Applying Satoshi's Ideas

[CryptoBry]

1) The main idea for Bitcoin is to make the system decentralized and control our own money. We are leaving this through wanting to carry the price ATH whether it is with institutions(Libra, ETFs, Bakkt, and other governmental projects) or some other ways which doesn't include the roots of Bitcoin and ideas of Satoshi.

2) As I explained above, as far as I can see, people want the price to reach high so that they can make their money 10x-100x. To do that, they want institutions' investments. Check the news, oh hey Bakkt reached daily new volume record. We should be inelastic with the news regarding to these regulation moves. Libra may not get approved, we don't need it. This shouldn't affect the price or this shouldn't decrease the mass adoption. We don't need these.

3)I have seen a report stating that more than 60% of the ETH nodes are on the cloud servers, they are mostly on AWS.

On the other hand, once, Binance CEO stated that AWS issues affected the users. I don't have the full information about what are affected but this shows that 'we have a problem'
https://twitter.com/cz_binance/status/1164768489040535559

4) We, asap, want mass adoption so that the price can reach ATH. Let's not think that simple and work on some issues we have as I stated on 3rd. How to delay it? Well, we may not spread much about bitcoin and cryptocurrencies before we clear the scam ICOs or scale issues or centralization issues. Otherwise, we will lose them forever if they come to a system which is not set yet.

5) We may have a voting system, decentralization means dividing the power.

I agree with some of your suggestions here but I am sure that you must be aware that since Bitcoin is decentralized we don't have any central figure or leadership that can decide on the many suggestions you are bringing here. And even if there is someone leading Bitcoin, it might take some form of a superpower before many things you brought up can be implemented. For example, talking about scams projects, how should we implement clearing them out of the marketplace? To do that, you need some regulations and who will be implementing them, the government or the industry itself? Remember that we don't have self-regulation yet in this industry but that can be a good way to start with this mess. There are so many good things that are not coming true as we many times deviate from the ideal settings all because we are living in a real world where imperfection and weakness of human nature abound. Yes, it is quite easy to say we should reset or stall things for a while but who should we entrust the power to decide on this matter and what are the parameters we should be following? Am sure a debate like this can be taking us more than 10 years.

[pooya87]

i agree with almost everything you said here but there is one thing that i can't agree with. you say we need to delay mass adoption to fix these problems, but that is not how you fix a problem. you have to "change" people's perspective and more importantly change the way current people are introducing bitcoin to others.

for example one of the biggest problems is that people are introducing others to bitcoin as a get rich quick scheme or a cash cow. and when these new people with this view come in, they also fall for the altcoin scams and go into their web of deceit and lose money. eventually we see an increased number of "gamblers" instead of people who are here because they liked the idea of a decentralized currency.
which is why i say we have to first change that view.

then it wouldn't matter if people are also excited about profit.

[blckhawk]

We cannot clear the market from fraudulent ICOs and scams if we don't want regulatory board to oversee the market. If no one would impose and implement such regulations, scammers and exploiters would just be able to continue what they're doing without worrying about being penalized. We need at least one organization that would be responsible for crypto-related projects and have legal signings to make them responsible for their investors.

[Kakmakr]

There are many Bitcoin <BTC> nodes that are not being run on centralized cloud services and we saw that when there was a fork war with Bitcoin Cash and also when we had a war with the Bitcoin XT guys. They ran their nodes on cloud services, because they had money to burn on the free coins that they were selling and since then, these coins has faded into history and the nodes in the clouds went with them.  

Bitcoin has 1000's of full nodes that are not running in a centralized cloud service, but rather on an inexpensive Raspberry Pi setup or old computer at someone's home.  

[o48o]

*cut*
5) This forum needs to be decentralized too
*snip*
5) We may have a voting system, decentralization means dividing the power.
*snap*

Ok, i'll bite, how and why? Like Reddit? Would every newb vote weight the same? What if someone made just 100 accounts and vote with those? In all cases there would just markets for paid votes to promote shitcoin projects thus rendering the whole system useless. Also i don't get why this forum should be decentralized anyway.

[error08]

4) We may delay the mass adoption thoughts until we fix some centralization issues

4) We, asap, want mass adoption so that the price can reach ATH. Let's not think that simple and work on some issues we have as I stated on 3rd. How to delay it? Well, we may not spread much about bitcoin and cryptocurrencies before we clear the scam ICOs or scale issues or centralization issues. Otherwise, we will lose them forever if they come to a system which is not set yet.

So, what is the centralization issues? 51% attack or what?
we can't delay mass adoption, it's flow with time and bitcoin doesn't mean to be scale, segwit and lightning network should be enough for now.

5) This forum needs to be decentralized too

5) We may have a voting system, decentralization means dividing the power.

The decentralized forum was satoshi's idea too or just yours?
You can say this forum more or less decentralized as the founder left bitcointalk, and Theymos as the only one administrator left has the management rights, until Cyrus became another administrator.
No one owns the forum on his name.

Theymos said;

Cobra also owns the bitcointalk.org domain name. I consider the forum to be basically owned by or at least dedicated to the Bitcoin community, though; I don't call anyone an owner of the forum. Link

Bitcointalk.org:
 - Cobra has ultimate control over the domain name. I have access to the domain name settings.
 - I run the server. Cobra has no access to the database or server.
 - The BTC is held by myself and the treasurers. Cobra has no access.

 bitcointalk.org. Fun fact: The name "bitcointalk" was invented by Jeff Garzik, and he's the one who bought the domain.

So, I assume Cobra is Jeff Garzik.

[xiboothrezi]

2) As I explained above, as far as I can see, people want the price to reach high so that they can make their money 10x-100x. To do that, they want institutions' investments. Check the news, oh hey Bakkt reached daily new volume record. We should be inelastic with the news regarding to these regulation moves. Libra may not get approved, we don't need it. This shouldn't affect the price or this shouldn't decrease the mass adoption. We don't need these.

Come on don't be too idealistic. We must think more openly and accept various ideas, it does not mean all must be approved and applied, but this is more to attitude.
System decentralization has advantages and disadvantages, especially bitcoin, most governments see and realize the good opportunities of bitcoin, it's just that they still worry about the negative side because it cannot be fully controlled by the government. That is why there are various ideas related to cryptocurrency that are more "friendly" with the intervention of the authorities. Everyone has their own tendencies, right? there are always those who agree and don't, we must respect that.

[Ideas of Satosi]

2) As I explained above, as far as I can see, people want the price to reach high so that they can make their money 10x-100x. To do that, they want institutions' investments. Check the news, oh hey Bakkt reached daily new volume record. We should be inelastic with the news regarding to these regulation moves. Libra may not get approved, we don't need it. This shouldn't affect the price or this shouldn't decrease the mass adoption. We don't need these.

Come on don't be too idealistic. We must think more openly and accept various ideas, it does not mean all must be approved and applied, but this is more to attitude.
System decentralization has advantages and disadvantages, especially bitcoin, most governments see and realize the good opportunities of bitcoin, it's just that they still worry about the negative side because it cannot be fully controlled by the government. That is why there are various ideas related to cryptocurrency that are more "friendly" with the intervention of the authorities. Everyone has their own tendencies, right? there are always those who agree and don't, we must respect that.

Well, which has more affect on people/community? Facebook can spread its centralized coin or USA government can tell their citizens that bitcoin is illegal and they will create a cryptocurrency on blockchain system. So, they have the good hand, we need to organize and fire back to them. We need to spread these thoughts and hold the community. People shouldn't be afraid of having bitcoin.

Check the comments of politicians. Do they tell more about bitcoin or blockchain technology? You know the answer.

[Yaunfitda]

A Manifest to The Community

1) We need to go back to the roots

What do you exactly mean by this?

2) We don't need institutions to back us up

We can't control anyone who wanted to enter the market, after all this it is open and free including institutional money.

3) We need to apply the decentralization through getting the nodes out of the centralized servers firstly(aws, google cloud etc.)

I maybe wrong, but those who run full node doesn't used centralise servers.

4) We may delay the mass adoption thoughts until we fix some centralization issues

Adoption will come, it's just a matter of time.

5) This forum needs to be decentralized too

The forum is working as designed, so why changed it?


Again, this very issues you mentioned are not really issues, but an offset of what this technology has become, and just like other technological advancement, it has to evolved as well and that is what where witnessing right now.

[lixer]

Wonderful point OP and I so much agree with you that we need to go back to our root because it seems that we are all miss-interpreting bitcoin and using it for just investment alone, meanwhile satoshi idea of the cryptocurrency is to create a peer to peer payment system and this is the angle for which we are supposed to take bitcoin.

it is when we take bitcoin from this angle that we can fully get the best of its vale, but as you also said, all these centralized projects that are coming up in the cryptocurrency world is really defeating that purpose which it think we should all start thinking of how we can embraced decentralized projects more, including decentralized exchanges because this is also one of the area where I think that we have gotten it wrong.

[Wheelz Inc.]

It’s shameful that 99.9999% of people only care about the price and how much money they can make. No one asks anything about the Fundamentals or the technology of #bitcoin and because of that reason is why so many people lost their money by believing they can make a quick buck when they don’t know anything about what they’re investing in, this was needed to happen. Especially to get rid of all these shit coins and weak hands, those idiots who only care about their financial gains.

For #bitcoin to hit ATH 85% of all shit coins have to die and everything is possible.

***We need to apply the decentralization through getting the nodes out of the centralized servers firstly (aws, google cloud etc.)***
nothing like running a node on a raspberry pie https://www.amazon.com/CanaKit-Raspberry-4GB-Basic-Starter/dp/B07VYC6S56/ref=asc_df_B07VYC6S56/?tag=hyprod-20&linkCode=df0&hvadid=366315397608&hvpos=1o2&hvnetw=g&hvrand=14664430780159514008&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9010790&hvtargid=aud-829758849484:pla-833869585324&psc=1&tag=&ref=&adgrpid=74356900537&hvpone=&hvptwo=&hvadid=366315397608&hvpos=1o2&hvnetw=g&hvrand=14664430780159514008&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9010790&hvtargid=aud-829758849484:pla-833869585324