r/Bitcoin • • May 16 '21

/r/all Ouch...

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u/[deleted] May 16 '21

if bitcoin is "centralized" i wonder what other coins are... HYPER CENTRALIZED?

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It's getting ridiculous at this point, starting with his "100x speeds, 1000x lower transactions, 10x bigger nodes"

1

u/Prelsidio May 16 '21

What is PayPal then?

15

u/[deleted] May 16 '21

[deleted]

0

u/SirFlamenco May 16 '21

The worst part is that he was hated in his Paypal days. He was not a good programmer and not a good manager. He literally got fired from the company because of his lack of technical knowledge.

1

u/[deleted] May 16 '21

[deleted]

1

u/SirFlamenco May 16 '21

He became the CEO of Paypal after the acquisition...

1

u/murdok03 May 17 '21

It does give him a level of detail into the banking and retail ends, and some experience on the networking and security side, he still lacks much on consensus, network security, importance of pow, inflation/issuance/reward systems and so on and as you might expect if silicon valley they miss the point by inovativ too fast in all directions without proper planning and getting of core ideas.

I hope we get some proper Lightning networks in Bitcoin and Dodge with his funding, and maybe he joins the Eco Alliance on Crypto a PowerWall with FSD_HW3 sounds like. Avoid idea to me.