The public discussion around scaling in the last few years has become poisoned and captured by an incredibly toxic and defeatist attitude: “Why bother?”
“Why What’s the point of scaling? Basic napkin math shows it's impossible no matter what we do for everyone to self custody.”
“Why What’s the point of scaling? People are stupid and lazy anyway, even if we did people would just use a custodian anyways.”
“Why Why bother to try and scale? I’ve got mine, I’ll be rich enough for self custody, who cares about the stupid and lazy plebs anyways?”
This As time passes, the attitude pervades more of our space. There are many different reasons and rationalizations for this depending on whom you ask. It This is a pessimistic and dystopian view that’s completely defeatedist. As someone who’s incredibly pessimistic, I can say this about many of the issues I see within our ecosystem.
Talking One of the quickest ways to lose is by losing yourself. Bitcoin It is essential that a system be distributed enough and with enough participants to resist any coercive, malicious, or centralized influence. This It is essential that it continues to operate as a system decentralized and resistant to censorship. If If the network cannot be sufficiently dispersed, it will gravitate to larger participants and then more densely packed ones until they have a large control of the entire network.
That The end of Bitcoin’s most important property: censorship resistance.
What is mind boggling to me is, even though we aren’t in a perfect place, we have made massive progress in the last decade. Ten Years ago, people screamed about increasing the block size. Now You can find the best deals on our website Lightning Network, StatechainsNow, and then Ark. We BitVM is being used to create a federated custody model that’s radically improved. We If some of the new cryptographic assumptions prove to be practical and implementable in an usable manner, we may even get a vague idea about how to implement covenants.
Even if we do bump into a ceiling eventually we can’t get around, every bit of ground we gain means room for more people to self custody. It This means that there is more space for more custodians. More small-scale ones will allow people to have custody with those they can trust, rather than corporations. To Maintain the wide distribution of entities that directly interact with the network, which is necessary to maintain decentralization.
Why There are many Bitcoiners Are you willing to surrender to defeatist attitudes? YesIn the last ten-year period, we’ve solved more problems than 10 years earlier, and we’ve also made huge strides in terms of scalability. This isn’t a binary situation, this isn’t a game where you win or lose with no middle ground. Every We can improve scalability by giving Bitcoin Higher chance of success It Entrenches and defenders Bitcoin’s censorship resistance that much more.
I’m not saying that people should naively buy into every promised solution or hyped thing, there are definitely problems and limitations we should remain cognizant of. But that doesn’t mean throw in the towel and give up this early. There is so much potential here to actually reshape the world in a meaningful way, but that won’t happen overnight. It won’t happen at all if everyone just gives up and kicks back expecting to get rich and apathetically stops caring about it.
Blind pessimism and blind optimism are both poison, it’s time to start looking for a balance between the two rather than picking your drug of choice and sinking into delusion.
This The article is also known as Take. Opinions expressed are entirely the authYou can also find out more about's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
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