News Article Link: http://bitcoinist.net/bitcoin-core-statement-capacity-increases-bitcoin-system/ The news article mentions this question about Bitcoin, with a separate question trying to ask if Decred becomes less relevant: Is this the right direction for Bitcoin? Does Decred become less relevant in your opinion with renewed efforts on developing Bitcoin?
Most definitely not, in my opinion. I view this as good news they are finally solving their issues. I see BTC as a gateway to acceptance among the general public. I believe them having a system that works, increases confidence in the industry. We can build off that. I don't view a one-currency world as realistic(in my lifetime anyway),so it is my opinion that multiple currencies will thrive, as is the case with fiat currently. Bitcoin is not the enemy, but a catalyst for Decred.
Bitcoin capacity increases: I'll believe it when they implement it. It took them almost a year and dragging everyone to a convention where they discussed nothing already, while 3 other groups have released their own modifications to the client in an attempt to actually solve the problem. The leadership of Bitcoin Core also have a conflict of interest. The worse Bitcoin does, the more they stand to make money off of it.