:grin: Talking about Mike Hearn I assume. Care to maybe expand a bit on the idea? Are you upset about the fall in Bitcoin price? Not sure why he had to say he sold all his Bitcoins. That was really uncalled for but some of his arguments are valid. Maybe try and get less emotional and try to separate the wheat from the chaff in his statement.i kick him in the nuts
Doing zero-conf business in Bitcoin was ALWAYS asking for trouble (satoshi recommended 6 confirmations to be safe, IIRC).
RBF simply forces users to adhere to the same system that happens when real blocks are mined, to prevent further conflicts and problems down the road.
Now if there was a separate network tier built into Bitcoin that handled consensus for the zero-conf transactions before they are mined, well that would be a different story...oh wait, you mean it's already a true story? What is Dash?!
He clearly wanted Bitcoin to be VISA, which it's not--and never will be. Bitcoin is what it is. If you fundamentally change it, it becomes something other than Bitcoin.
The whole point is that you have something that simply exists, like gold, which is stable and not centralized or game-able. Like a fact of nature, it just IS...and that's why people have diversified their portfolios into it as a real store of wealth. Once you get to that point, you can't change it much, because it is that very unchanging nature which gives it investment value (aside from its practical usefulness, which is of lower importance like with gold). If it dynamically adjusts to everything, then it has less value of its own, and becomes a payment system.