BTCC Mining firm business executive officer Lee largely urges a “wait-and-see” approach before jumping to conclusions concerning however the Block Size discussion would possibly prove.
“Even although there ar individuals out there UN agency don’t like what Core is doing, I still essentially supposethat they’re a really valuable resource within the Bitcoin community, and no matter compromise we tend topropose, that we want to involve the feedback and input from Core team,” says the BTCC business executive. He makes clear within the recent Reddit AMA that he supports the Core Bitcoin developers.
“Even although there’s plenty of opposition within the trade, I essentially believe that the foremost necessaryfactor for Bitcoin, is to confirm that it remains as a reliable digital plus, that the store-of-value proposition must be robust 1st,” he says. “Once that’s established, then the payments aspects is self-addressed.” He urges the Bitcoin Community to scale Bitcoin responsibly. And, also, to twiddling my thumbs.
“We do want layer one scaling for larger block sizes, however let’s do the onerous fork responsibly. This can not berush,” he says. “Bitcoin remains growing in no time in China. we tend to perpetually see a lot of demand here. i believe the challenges of Bitcoin going thought in China is that the same as for all over else: It’s to beat people’s natural misunderstanding (or lack of understanding) of Bitcoin. Bitcoin is simply thus totally different than the restindividuals ar aware of.” For Mr. Lee, the foremost necessary a part of Bitcoin is decentralization.
“The plan of no counterparts risk,” he says. “The biggest hurdle to adoption without delay, is really the understanding of Bitcoin and why it’s revolutionary and higher than this system alternatives.”
Mr. Lee conjointly claims in a very recent AMA there aren’t any altcoins that have caught his attention quite like Bitcoin.
“My interests and keenness lies in Bitcoin,” he clarifies. “Personally, i believe obtaining Bitcoin off the bottom is already such a tough task, to induce worldwide acceptance. For these reasons, I don’t pay time on AltCoins.