I am writing this as I am big believer of decentralization and globalization and what that might look like one day.
Bitcoin though seemingly quite complex is a great invention, very simple and a great use of technology. Its concept of block chain will change nearly everything in this world and it will change this world much faster than the internet has. Bitcoin will remain in the history books for a very very long time.
Bitcoin was a great idea, if you believe it was created by a man called Satoshi then good for you, Satoshi and Jesus hang out together. Bitcoin was a trial, it was an introduction to block chain and a testing ground for nearly a decade. Unfortunately it was flawed in its design, the team who created it underestimated the greed of humanity.
Greed has unfortunately raped and is on the cusp of murdering bitcoin at the same time, Bitcoin forking has injured it, Bitcoin Cash is the illegitimate offspring bleeding bitcoin to death, and Bitcoin cash will not ever be worth anything like what Bitcoin could be worth. Bitcoin doesn't need to scale, its all horse shit. Bitcoin can take 3 days to get to where its going it doesn't matter, it's not necessary for bitcoin to be payment instrument, its a brilliant store of value, the best in the world by far. Dash and Pivx are two currency's I am aware of that are instant, not fast, freaking instant and I am sure that in the 1500 other tokens there are many more, Job done. Bitcoin jump back in your recliner and get fat, that is your job. To sit at the top of the list being worth a stupid amount of man hours per coin, a base for all alts and fiat to be valued against.
Imagine for a minute that all countries decided to peg their fiat to bitcoin, a likely scenario believe it or not. Gold cost's peanuts per ounce to mine and no country can publicly prove how much gold they have. If and when this happens whats a bitcoin worth?
That's what bitcoin can be if Bitcoin cash stops bleeding it out( i am not talking about bleeding its value, im talking about bleeding it reputation/ideology).
New comers to the space are confused even more now.
Crypto currency's are not dying however, they have evolved and will be part of our lives forever now.
Lets go off road now:
I've come to the conclusion fiat is failing, I think the Americans started Bitcoin, I think a few people in Australia were involved under contract, to help with its conception. China and America are much closer than they would have you believe and big bankers have left their stench all over bitcoin. China can see whats coming, they are not north Korea, that is why they have slammed the handbrake on the Bitcoin and have probably funded the whole Bitcoin Cash scenario. The Chinese have spent the last 4 decades working for peanuts for the rest of the world and now they are finally getting on top they do not want to be at the bottom of the new crypto based wealth system.
I must also note that whilst my views seem pro Bitcoin and negative Bitcoin Cash I really don't care, there needs to be one bitcoin, I think Bitcoin Cash and Bitcoin Dark and Bitcoin Plus should all change there name and exchanges should delist them until they do, its in their best interest. Bitcoin Cash is an alt coin destroying the reputation of Bitcoin and all that it has come to stand for, an immutable permanent ledger. As a community in a space that has no IP rights we need to protect Bitcoin. I will also note bitcoin core probably want to look at keeping it fair and decentralized or all your work will be for nothing and you will be responsible for the dealth of bitcoin.
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bitcoin absolutely needs to scale, that's not in question. We have not even 0.5% of people online, and congestion is exponential. We need to be decentralized as much as possible and have a scalable architecture.
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