Bitcoin is a victim of its own success. You can't expect a system, where every single user must have a complete copy of the global state, to scale. Increasing block sizes to 4 or 8 MiB or whatever won't really fix that. Plus the speculation bubble ruins things, as the article points out
Hey, limiting bribes^Wcompaign donations is a violation of Freedom of Speech! /s I joke quite frequently that the U.S. should invade itself to give itself some democracy. This may end up tragically prophetic given the way things seem to be going
@anthracite So you can just go "please send money from this account to that" with no identity checks? Not even some extra numbers only the account owner would have? Why? Do even IBAN transfers work?
Wait, I thought the point of patreon was rewarding recurring payments. They have to cover their operating costs somehow, obviously. I'd have expected that everyone was charged some fee already.
Why doesn't everyone asking for money just publish an account number for people to set up monthly transfers to? Tricky bit would be to monitor who's actually paying, if you have reward tiers. That needs API:ifying all the banks ála boobank (http://weboob.org/applications/boobank)
Empty words indeed. But I guess, in theory it doesn't take new expensive hardware to build an alternative to the Web if/when lockdown reaches critical mass. Replacing the Internet is rather more difficult..