Published On: Sun, Feb 12th, 2017

‘Dangerous, Reckless’: DCG’s SegWit Reflections Get Tepid Response

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As the debate on segregated witness (SegWit) rolls on, Bitcoin Think editor Beautyon has hit out at critics of the technology, in particular, the Digital Currency Group (DCG).
DCG A ‘Reckless Group’
In a lengthy Medium post Sunday, Beautyon stated opposition to SegWit was an example of “computer illiteracy.” He also said the DCG’s recent post titled “Scaling Bitcoin: Reflections from the DCG Portfolio” “exemplifies the problem very well” and that the group itself was “dangerous” and “reckless.”
“It is only difficult to know what to support if you don’t understand Bitcoin and what improvements Segregated Witness (SegWit) offers,” he writes.

The DCG is a multifaceted enterprise run by Barry Silbert, which through its subsidiaries incorporates both news media, investment, and trading.
In its post, director of development Meltem Demirors presented a summary of the Group’s directors’ opinions about SegWit, concluding it is “up to the community to decide” on the outcome for the Bitcoin network.
Figures such as HashCash creator Adam Back reacted positively to the outline of the debate. Back commentating how he was “ …

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