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Many small blockers are arguing against one of the most basic tenets of economics.

Sat Nov 12, 2016 3:13 pm

It frightens me for the future of Bitcoin how many small blockers are arguing against one of the most basic tenets of economics.
When things cost more, people use less of it.
This applies, to cigarettes, gasoline, health care, cheese, and even bitcoin. Yet many Core supporters are claiming this isn't true.
If people who ignore the laws of economics continue to drive the future path for Bitcoin, Bitcoin will not live up to anything near its full potential.
See replies to my tweet for examples of their economic ignorance on full display: https://twitter.com/rogerkver/status/797434187695300608
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Re: Many small blockers are arguing against one of the most basic tenets of economics.

Sat Nov 12, 2016 7:58 pm

It frightens me for the future of Bitcoin how many small blockers are arguing against one of the most basic tenets of economics.
When things cost more, people use less of it.
This applies, to cigarettes, gasoline, health care, cheese, and even bitcoin. Yet many Core supporters are claiming this isn't true.
If people who ignore the laws of economics continue to drive the future path for Bitcoin, Bitcoin will not live up to anything near its full potential.
See replies to my tweet for examples of their economic ignorance on full display: https://twitter.com/rogerkver/status/797434187695300608
Small blockers are at best, 80 people. You see, their problem is this, they hate losing, hate being wrong. They think of this as a game. It's complete ego, off the rails nutter shit.

Normal people in business don't go around harming everyone around them including their economy.
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