Roger Ver and Richard Heart Bitcoin Debate

dailypunch (31)in #dtube • 7 years ago

Roger Ver is one of the world's first Investors in Bitcoin startups like https://Bitcoin.com , https://Blockchain.com , http://Z.cash , BitPay, Kraken, Purse.io & interested in Voluntaryism

Richard Heart is a thought leader in the cryptocurrency, personal development and longevity space. Since no one else is comfortable being called a thought leader, I'll take the unwanted title :)

Topics:

2:24 Ver's position
9:43 Bitcoin use cases
14:30 Vitalik originally wanted to built Ethereum on Bitcoin
19:40 Chain rollbacks
21:14 Evidence of what has worked for years for Bitcoin (Increasing block size)
24:01 Chinese miners do not communicate with Bitcoin community/Fear of Chinese control
25:53 Blockchain over satellite transactions already happening
27:45 Options to discuss
28:51 Satoshi is a sellout or dead
30:32 1 MB limit & fees killed Bitcoin adoption
34:58 No one actually using Bitcoin
37:48 Blockstream wants high fees/Blockstream is not a monolith
39:23 Centralization is the result of large block size/Empty blocks
42:27 Miners catch on fire if they stop mining
43:30 Transactions disappeared after NYA - Not real transactions
44:07 "Bcash"
46:46 Bcash fork "stole" hashpower & Wix website risks
50:35 Ver sold a dozen Bitcoin for Bcash the day before
51:00 Stealing brand awareness/Blockstream ditching Satoshi's block size view
54:20 Becoming the evil that you hate as moderator/ r/Bitcoin overmoderated/Fanboys
58:26 If you believe censorship is bad, you must account for extremism
1:01:00 r/BTC could get attacked by altcoin/ICO shills
1:03:07 Hate for altcoins/ICOs and how to discourage them
1:10:28 Gone off the Bitcoin roadmap/Next step on Core's roadmap was larger block
1:12:16 Lightning network/Craig Wright should model if it would work/Craig invited to show
1:14:32 Craig Wright failures
1:15:57 Satoshi put in the 1 MB limit to prevent spam
1:17:14 Ver didn't know about Bitcoin cash, did NOT create it
1:18:32 Bcash wallet insecure "Electron cash"/risks/Richard created secure tutorial
1:21:44 Bcash should've started own brand
1:22:51 Blocks scale linearly
1:24:09 Pay someone to model lightning network to prove if it would work or fail