Back then, when things were starting out, the idea was to bank the unbanked, make money transfer seamless, cheap, and fast, and basically break up actors like PayPal et. al.
Yes, that was before Gregory Maxwell, Luke-jr, Adam Back et. Al hijacked the project with the help from "theymos". They derailed the whole project by doubling down on keeping the block size at 1mb, with the ulterior motive of providing their own private centralized layer 2 service (lightning) as a solution for scaling.
This was the biggest setback for the actual grassroots adoption of Bitcoin. They openly censured and banned any opposing opinions and alienated a lot of crypto enthusiasts including myself. I'll never forgive them for what they did.
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Yes, that was before Gregory Maxwell, Luke-jr, Adam Back et. Al hijacked the project with the help from "theymos". They derailed the whole project by doubling down on keeping the block size at 1mb, with the ulterior motive of providing their own private centralized layer 2 service (lightning) as a solution for scaling.
This was the biggest setback for the actual grassroots adoption of Bitcoin. They openly censured and banned any opposing opinions and alienated a lot of crypto enthusiasts including myself. I'll never forgive them for what they did.