• boonhet@sopuli.xyz
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    3 days ago

    Adam Back, who potentially might be Satoshi himself, is the CEO of the company that advised against increasing block sizes. It was more profitable for him if the main chain is inefficient.

    Here’s a decent video on this conspiracy theory

    So there’s some malice involved here, but not sure if the malicious person was Satoshi himself or if Satoshi and Adam are different people.

    • explodicle@sh.itjust.works
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      3 days ago

      That’s still a YouTube conspiracy theory after all these years because it was always bullshit from scammers pumping “Bitcoin Cash”. Everyone downloading everyone else’s coffee purchases to store forever is wildly inefficient scaling.

      The big miners were pushing for increasing the block size because it favors more centralized datacenters and discourages end users from running fully p2p nodes.