Summary
TLDR: The article discusses Roger Ver’s book “Hijacking Bitcoin” which explores the history of Bitcoin’s development and the blocksize wars. Ver argues for on-chain scaling while core developers pushed for off-chain solutions. The book highlights the importance of understanding crypto’s origins and the need to avoid repeating past mistakes. Ver’s closing thought emphasizes the impact of decisions on the future of Bitcoin and the wider crypto ecosystem. The author of the article, while not passionate about tech or finance, focuses on the tangential stories and implications of the blockchain and crypto space from an outsider’s perspective.
Key Points
1. Roger Ver is a controversial figure in the crypto community, known for his support of Bitcoin Cash and his portrayal in the media as a “bad influence.”
2. Ver’s book, “Hijacking Bitcoin,” offers a historical perspective on the evolution of Bitcoin and the blocksize wars, highlighting the debate over on-chain scaling versus off-chain solutions.
3. The book emphasizes the importance of understanding the origins of cryptocurrency and the need to learn from past mistakes in order to make informed decisions for the future of the crypto ecosystem.