The point is that the fact that force can separate you from your money is not the underlying cause. If it was, say, 10x more beneficial for you to cooperate than coerce, coercion would be disincentivized. Sound money DOES that. Literally every problem can be attributed in one way or another to the dissolution of the ability to convey value in the most efficient way possible.
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I agree, just not necessarily with "every." I get the bitcoin ethos. The thing I don't get is the magnitude of the problems. The... Hatefulness of it all. I would like to believe it can be solved simply by changing incentives. "Simply," lol. Anyways, I'm still being too incoherent IMO.
Jack, what's going on with UTXO bloat? Is anyone serious about fixing it? Are we just gonna let nodes become a thing only big corporations can afford?
People are working on it but I don't actually see the issue. Storage is the cheapest thing to upgrade on a computer.
I think that problem is just a feature of how the Bitcoin Core/Knots software handles chain state. Libbitcoin is working on a better solution (imo) that puts the focus where it belongs RAM and CPU optimization. People aren't going to not be able to afford the RAM and CPU that would be needed to index everything. I have said before that "UTXOs" are just one implementation's way of telling you what the chainstate is and not necessarily needed to keep a verifiable index of coins.
