We've been getting so many conspiracy theories about Bitcoin Cash, so here is one on Bitcoin Core/Legacy.
As you may have figured out by now, all the cool cats are jumping over to the Bitcoin cash boat. All the early adopters and anarcho capitalists and free market lovers like Roger Ver, Kim DotCom, Rick Falkvinge Jeff Berwick and even Vitalik Buterin (no comparison) are advocating BCH (Bitcoin cash)
The problem with developers, and techies is that they don't understand economics, markets or humans. We've been told that to fork Bitcoin is almost impossible. It would take years. Well, BCH did it in 3 weeks. It seems like the developers at Blockstream (where most of Bitcoin Core's development is being done) are deliberately keeping BTC slow. How this is working out - only they know. Perhaps the geeky developers don't know or are not being told the details etc. Could be many explanations. I wouldn't go so far as to blame developers per se. They can very well be conned themselves.
Who runs Blockstream? Well, Blockstream is largely owned by AXA group. And the CEO of AXA is also a chairman at Bilderberger. What do Blockstream do? They make off chain solutions like Lightning network (LN) which is basically a third party solution who gets paid fees. Remember everyone..globalism is not the same as globalization. Bitcoin was intended to promote globalism, free trade and more freedom for humans. Globalization is not the same. That is forced regulated centralized communistic style packing people together by force. You can say..the forced unwanted immigration to Europe is globalization.
So..what does BCH do? BCH just increased the blocksize. Done. Made Bitcoin better. Bitcoin was created to evolve and to be made better. It was a anarcho-capitalist white paper.
You wonder why all the hard core anarcho-capitalists are jumping over to BCH? You wonder why all the BTC-enthusiast are screaming incoherently like communist ANTIFA's and censoring Reddit-posts? You wonder why you, as a pro-bitcoin cash individual feel like a Trump supporter at a dinner table with SJW's? Wonder why people you thought were anarchists and freedomlover all of a sudden cry for regulations and government interventions?
Remember..it's always the hysterically screaming censoring communists who are wrong. And now, without even knowing it, so many of you have turned into exactly that.
We've simply been conned.
BCH is the real Bitcoin - for now. If it fails to adopt, Bitcoin fails IMO. Then Bitcoin could be nothing more than a centralized currency in the hands of globalists. It wont make it worthless , but it will no longer be the currency we used to have so much faith in.
https://www.reddit.com/r/btc/comments/47zfzt/blockstream_is_now_controlled_by_the_bilderberg/
Very interesting and informative vid about the recent developments in Bitcoin and the forks. There are many who have very little idea of what is actually happening in the space (myself included).
Jeff explains certain things that I've been wanting to know since the fork on Aug 1. (It's definitely not the type of info we will ever hear from any mainstream media.) While I'd come to understand some of the basic issues that caused the fork, I think a lot of confusion remains.
I'd read some comments where the writers spew venom at Roger Ver and the others behind BCH -- for no other reason than the fact that they forked. But if the fees are getting outrageous, and if the transaction times are becoming longer and longer, and if (worst case scenario) some figures are trying to gain control of bitcoin or manipulate it to their advantage, then it's quite possible that the fork was necessary.
And Jeff's clarifications in this vid only reinforce that view. It's great to know this, as that way we all can make informed decisions regarding our bitcoin holdings.
Much appreciated, and looking forward to more such informative posts.
Full Steem Ahead. And ReSteemed Ahead ...
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Until I woke the fuck up!
Feels good to make money again and in a different way and by learning ,gaining knowledge
trying the best way I know, to survive this Zombie planet
nothing and nobody has made it easy, takes real work and study
Until then...
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You wonder why BTC is suddenly respected by the MSM?
Globalists want to control all cryptocurrencies so they can start 666.
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This is why I was saying in a past comment that for BTC to rise when they didn't implement Segwit 2x made no sense. Since then BTC price has corrected so my logic feels a bit more sound.
I'm not sure about all the details in the video but I have been getting the feeling since the BCH fork that BTC was starting to go too mainstream and I felt like the ideals it was built apon were starting to get lost. It seems like the miners and other big money interests are controlling the direction of Bitcoin now. Look at the transaction fees.
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I'm glad you said this because i've been suspecting it for a while now. Ever since the arguments for segwit came out they never really made sense to me and seemed like a conflict of interest. Keep up the good work.
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There is an outrageous 10 000 BTC BUY order for Bitcoin Cash at Bittrex right now @ 100k Satoshis Take care.... whales are waiting the deep.... It can only be Roger Ver???
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Could be..could also be someone trying to pull the price down and then remove the buy order.
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Whoever it is I have never seen a 70 Millions $ order in Bittrex, this guy has bollocks and freighten me because I am bad at bying the lows....
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@scandinavianlife informative post man really learn a lot from this post keep sahring :)
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Glad I watched that, well presented case, rather different from what I had been hearing elsewhere.
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We could be in the BTC Cash bear trap right now.
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You can’t increase blocks size forever bcash will never go mainstream with so much data to be recorded, could work nowadays that nobody uses bitcoin cash but in the long run it will fail, you just end up that a large mining company with the higher hashrate controls the currency, so yet again, bitcoin cash is centralized and not an anarcho capitalist heaven.
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If BTC is too slow to be usable, then that won't be used either.
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It is an excellent store of value for many and LN will be soon implemented
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Interesting :/
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img credz: pixabay.com
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This post has received a 12.29 % upvote from @booster thanks to: @scandinavianlife.
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thanks for sharing :)
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