RE: What Makes Bitcoin (BTC) Unique and Superior to other Cryptocurrencies (a.k.a. “Altcoins”) and Imitators like Bitcoin Cash (BCC or BCH) and Bitcoin Gold (BTG)?

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What Makes Bitcoin (BTC) Unique and Superior to other Cryptocurrencies (a.k.a. “Altcoins”) and Imitators like Bitcoin Cash (BCC or BCH) and Bitcoin Gold (BTG)?

in bitcoin •  7 years ago 

BS! validated personal ID??? to transact in blockchain? are you even sure what youre talking about

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I'm talking about private/public keys and your permission to receive them through client software. You must have a wallet client and the blockchain must agree to recognize your wallet. Thank you though, I am going to add a parenthetical in the article to make the point more explicitly.

And in fact, MasterCard has launched a blockchain that is unfriendly to cryptocurrency but instead uses central-bank-owned digitized fiat currency. Read another article here explaining how Mastercard is making their blockchain opaque and permission-dependent. Thats just one example of how the blockchain is already being used to build a global financial system that will enslave us all.