this post was submitted on 13 Jul 2024
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This guy is a protocol engineer, talking about protocols. You may not like like Bitcoin, but it's pretty hard to argue it's not one of the most successful, widely-used, and forked open source protocols developed in the last several decades. Bitcoin core is in the top 100 starred repos on Github. It has a unicode character.
Bitcoin's market cap (> 1 trillion USD) is bigger than Sweden's GDP and it moves billions of dollars around the world every year. You can use it to send money to anybody with a phone and a halfway reliable internet connection in under a second for pennies in fees, and it settles instantly. And it's been working for 15 years without a single hour of downtime, bank holiday, or hack despite pandemics, wars, financial crises, and attempted bans by global powers.
Like, be mad if you want, but it's a pretty successful and robust protocol. And if you don't like it, you can fork it and change it, because it's open source.
http, https, ssh, ntp, ftp. These are all algorithms some of us use every day. Bitcoin is a protocol, true, but it's not a good one. And it's one that most people have not used, and don't intend to
It has a lot of forks? that is neither here nor there. it's a tech buzzword. of course there are going to be a lot of forks. Do any of them actually go anywhere though? not really
God damn bitcoin >> SSH?? (1999)
That's a pretty steamy take if I've ever heard one
@Sethayy nobody made that take...
'One of the most successful, widely used, and forked protocols'
SSH is also a protocol, tho I'll admit maybe its 'one of the few' above bitcoin - but I can come up with a page of examples that top it if you need (HTTP, TCP, UDP, RTSP, RGMII...)
@Sethayy cool, go ahead. But still nobody made that take, so ... you are arguing with the wind.
What take then cause I don't got all day to chase your goalposts and I'm already tired of it
No, see — if I dont like it I don't need to fork it. I can just leave it and all its forks the hell alone. I'd do the same for national currencies if I could, cryptocurrencies are just the same bullshit without the regulatory checks and balances.
TL;DR — I see what you're selling and I'm not buying it.