Has Bitcoin's Development Been Subverted With The 1MB Blocksize Cap? Governments Would Not Attack It Outright But Subvert It To Slowly Kill Off Adoption.

Everyone in Crypto should be aware what's going on the community both good and bad things.

Most Crypto holders very aware that Governments around the world don't like Cryptos and Blockchain tech in general because it replaces them and puts the power directly in hands of the people.

Let's talk about what's going on with Bitcoin Core (the legacy Bitcoin). The Crypto that introduced most of us Blockchain Enthusiast into Crypto.

Being in the Crypto space since since 2013 I have witnessed dramatic evolution in the space. It can be argued that 1 year in Crypto is like 10 dog years. The rate of change is absolutely astounding.

What we are witnessing is the birth of an entire decentralized financial eco-system that is going to replace (already starting to) Banks, Nasdaq, IDs, Central Banks, Social Media, Local City and State Governments and the list goes on and on.

Whatever a centralized service can do a blockchain can do it better, since many more layers of applications are enable that did not exist before.

While blockchain space still its infancy Institutions are scared shitless around this tech because is basically eliminates them or at least minimizes there own existence.

There is very strong motives out there to eliminate this new tech

Government has much stronger incentives to get rid of Blockchain than when Internet boomed in the late 90's. Internet is transfer of data. Blockchain is transfer of Trust. What is the Government to its core - Transfer of Trust.

So the Blockchain is a direct threat to the Governments existence.

The next question is what would they do to stop this movement?

Probably the best way is to centralize Bitcoin's development. Institutions can't attack Bitcoin directly because this would be obvious but what they can do and most likely did was limit its growth through a blocksize cap of 1MB.

Of course, you'll need can only do this if you censor and control the narrative. Make fake stories up like "1MB limit Only Way To Keep Bitcoin Decentralized". "You Want Bigger Blocks That Scale Just Wait For Lightening Network" not yet developed nor is it any where near ready for mainstream.

"Stall, Stall, Stall Bitcoin's development so much that they kill its adoption off with high fees, slow block times and create a civil war to divide the community".

One thing they did not count on was the rise of AltCoins. Just how fast the market would work to solve the real world problems Crypto was invented to solve in first place.

Successfully suppressing the first Crypto Bitcoin does mean that they can control the inevitable adoption of the other Cryptos.

Here's a video from 2014 predicting Bitcoin's takeover from Blockstream (owned by Halliburton).

This is not financial advice but in my opinion I think its smart to hold at least equal amounts of both Bitcoin and Bitcoin Cash because at this point basically anything can happen. If enough people start using Bitcoin Cash for its low fees and strong development roadmap of scaling, contracts, ECT. It is very possible Bitcoin Cash will be consider Bitcoin in the future. Or an even more likely situation to have is where another Alt take over Bitcoin Core market cap. If it happens it will be quick and fast when few people are expecting it.

Good luck everyone. This is going to a one crazy year in Crypto! Anything is possible!