February 3rd from NYC: For the second week in a row it is just Thomas and I. The new webcam is being utilized but I did not realize i’m not using the high end mic, hence the bad sound quality. Here is the TL;DR:
0:00:30 – Gavin vs. Bitcoin Core: I am very frustrated with Gavin, I no longer have much respect for him nor his programming skills. The most frustrating thing is that 6 months ago Big Blockers were complaining that Core is trying to take all the transaction OFF chain and the miners wont get payed and now they flipped it all around and blaming Core for making fees to high. Bitcoin Unlimited is a Cancer, if SegWit doesn’t pass I hope nothing will. On a more comic note, I’m glad the idiots running BU code lost 13+ BTC which one day might be worth millions of dollars. The Bitcoin Unlimited devs are even more incompetent than Ethereum Devs.
0:09:30 – bitcoin Privacy Gets a Failing Grade: This is another frustrating story. Bitcoin is the best we have in terms of censorship resistance and fungibility but it’s not perfect. First we need SegWit, then we can start improving some of the other things.
0:19:30 – Bitcoin to Rise to $2,000 on Trump/China: No one know the future economic outcomes of Trump/China decisions over the next few months. Speculating on the future between these countries economics is just dumb.
0:28:30 – Litecoin Looking to Adopt SegWit: I hope SegWit gets adopted by Litecoin so we can see it work safely in a speculative environment. This should help Bitcoin people get their shit together and adopt SegWit. I do not see legitimacy in Bitcoin Unlimited as it’s an attempt to split bitcoin into two coins with a Hard Fork.
BONUS: I spend the last few minutes of the video talking about the price…. I’m Bullish