When r/Bitcoin moderators began censoring content and banning users they disagreed with, r/btc became a community for free and open crypto discussion. This happened long before the creation of Bitcoin Cash. Over the years /r/btc became community of historians & torchbearers, preservers of Satoshi's Bitcoin for future generations.
Elon Musk on Bitcoin Cash: “Fair point”
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Source https://twitter.com/elonmusk/status/1374989895039508481?s=21
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Imagine if he invested in BCH, would probably be the catalyst that would destroy BTC. Elon is an assets price wet dream, anything he tweets goes 📈lol
i hope not, i dont have 210 bch yet.
Same.
but why 210?
It would represent 1/100000 of the total BCH supply.
The problem with BCH is while it is interesting, it doesn't solve anything or bring anything new to the table. It just delays the problem.
If you could have a picasso painting or a painting of a picasso painting by someone else thats done slightly better while still doing exactly the same which one would you invest your money in?
Lightning may be useless, mimblewimble might not solve everything just like pop-up and first-gen behind-screen cameras in smartphones, theres trial and error involved in developing new things.
The problems in crypto are fungibility and scaling and scaling isn't solved by making a basket bigger to carry twice the amount of apples, the amount of apples carried must become exponentially bigger compared to the size increase.
I don't think you can compare crypto with art work. I 100% disagree, Bitcoin Cash definitely solves the problem BTC has created. BTC literally can't onboard any more uses. Their blockchain is maxed out, fees are rife, congestion is unable to be discharged, LN and mimblewimble have had zero effect on this congestion so far as you rightly pointed out. None of these things are going to change.
Blockchain and crypto is going to be here forever. We're only 12 years in, that's nothing. All the new users that will be on boarded over the decades aren't going to opt for BTC.
Obviously I also disagree with your stance on big blocks. I think big blocks are a perfectly reasonable way to scale while maintaining decentralisation and keeping fees low.
Picasso is overhyped, people use what's more convenient, not what's more expensive to use. For an average person (expensive) Lamborghini is not a preferable car to drive.
That's interesting, because when I buy a larger HDD there are two ways it got larger:
More platters in the case
More bytes on the platter
You know what's never happened? They've never sold me a printer, and told me to print out my data instead of saving it on the drive, in order to scale the drive.
Adding more platters is like increasing the block size.
Getting more data per platter is like compression tech like xthinner.
Printing your data so you don't use your drive is like Lightning.
I feel like him acknowledging the point made by Kim can be quite huge. If you just simply search on Google for the word "bitcoin" everything that shows up is along the lines of this article https://www.theceomagazine.com/business/finance/tesla-bitcoin/ praising Tesla and Elon Musk for the big step they've taken. I'm not trying to say it's not what they claim, but it would be useful for the average population to actually understand it's not just pink, as these articles portray it to be.
Following the same train of thought, there are a lot of articles with the same title "What can you buy with Bitcoin?", or "5 Things that you can buy with Bitcoin in 2021". The overall popularization of cryptocurrencies is not the bad part, quite the opposite actually, such articles help with the "bad view" that crypto gathered in recent years. The issue that I'm seeing though is how the message is perceived by the readers. It's seen like all you have to do is buy this imaginary thing for 1000 USD, wait for it to boom, and then buy a Tesla a few months later for only 1000USD, the initial price paid for the crypto.
I've already seen it mentioned on here, but I believe the majority of Bitcoin owners at the moment have no actual interest in how the system actually works, they just saw the growing popularity of it and went with the herd. Again, not a necessarily bad thing. Just stating some facts. This indifference is fed by articles like the ones I mentioned above and the lack of ones that explain the system of crypto. I actually had a hard time searching for one like this https://tenx.tech/starter-guide/the-complete-guide-to-fees-and-hidden-costs-in-crypto-ecosystem that briefly mentions the fees behind transactions.
Even if I don't intend to buy anything using Bitcoin at the moment, just the sole action of buying and selling the currency is stripping me of some of the profit. I'm trying the free trial of a scalping terminal https://bittrade.one/ to maybe cut some of those costs by trying those new available strategies. That's not the main point though. I'm trying to say that Elon Musk acknowledging that it's not in fact as easy to buy a Tesla just because you invested in Bitcoin one year ago might influence some other important factors in the domain.
All the maxi hate in that thread. Didn't take them long to turn on him did it.
One said #havefunstayingpoor. 🤣🤣🤣
They don't see the irony. They don't see nothing, only BTC mantra.
havefungivingallyoursatstojihan
Lolwut, maxis don't sell
every btc block comes with a 10% free bonus for miners. Since 65% of hash is chinese this means the high fees make Chinese miners 6.5% extra. this is called "western bully us fee". this 6.5% flows in to BCH develoment.
this is called the "White man low iq" plan.
it allows the chinese to steal another 50x to 100x of wealth from the west. see Tether tries to get as much dollars as possible on hidden bank accounts in switzerland.
the chinese try to get as much real Bitcoin as possible.
Tether needs Bitcoin price high.
Chinese need Bitcoin price low.
the fork made both possible.
who has the better plan? my money is on the Chinese.
cause the most power full group is still miners.
cause speculators are NOT users.
real users end speculation.
the chinese said: lets take gold and make fool gold copy. make westeners happy with fool gold, take real gold for ourselves. then wait.
this is old age Chinese plan. Ask Canada were all its gold is. Trudeau sold to China.
Anyways, i am talking to much today.
better to keep my mouth shut.
Bro did you just get brigaded?
yes, they know sabotaging bitcoin = free short term money for china. kind of their biggest compromise.
boy does it piss them off that the whitepaper made it to china cause jihan translated it before the cia and nsa realized the danger of Bitcoin. now jihan is worth 2 billion and the part of the 99% in the west that want to rebel gets protected by the chinese with hash.
the enemy of our enemy is our friend. keep reminding them. pisses them off sooo much.
this is why western bch made pact with the chinese ... for now.
china wants their 0.1% to replace 1% of the world.
1% does not want this.
we got to make both keep fighting each other to give part of 99% small chance at becoming 10%.
Half of the accounts are probably sock puppets.
Isnt twitter like 70% bots?
Literally Skyrim NPCs.
Sock puppets used and abused by hormonally-imbalanced teenagers.
That's quite funny. I'm sure maxis like Saleor will tell you not to buy a Tesla with your bitcoin though.
This guy is a troll and was pumping dogecoin. Look at his actions, not his words. Invest accordingly and get rich.
Well I think we’ve all been waiting for this. This is why it’s important to have someone like Kim on our side. He can get the ear of someone like Elon, who has the ear of everyone.
Tendies for all if Papa Elon dropped some bucks on us
short term gain bro, just go for a big bch crash and aim for 210 bch instead of 21 bch.
We just went through three years of brutal price crashes followed by more brutal price crashes. If you're hoping for yet another brutal crash from where the price currently sits then you're going to be super disappointed.
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Someone post this on r/CryptoCurrency
Someone post this on r/Bitcoin
You'd have to be a kamikaze. :-)
When you are banned by one of the most brainwashed, censored and corrupt communities, isn't that a reason to be proud?
Instant ban on r/Bitcoin is like a badge of honor here.
PS. I won't post it because I am (obviously) already banned there. Been since 2015.
I burned in 2016
Since then I'm temporarily prohibited from commenting there. Lol.
temporarily
xD
Yeah, like covid measures
Haha, you'd probably get an instant ban.
run reddit ads shilling BCH on r/bitcoin, nothing they can do about it
I dunno if that's true or not, but would be super awesome if that could happen.
When you are banned by one of the most brainwashed, censored and corrupt communities, isn't that a reason to be proud?
Instant ban on r/Bitcoin is like a badge of honor here.
PS. I won't post it because I am (obviously) already banned there. Been since 2015.
Why don’t you? I’m too scared to comment and post in all those shot subs because of the aggressive moderation. But I like most of the content so I just lurk.
I don’t have enough karma
The same post in r/cryptocurrency was 80% downvoted https://np.reddit.com/r/CryptoCurrency/comments/mcunr3/elon_musk_agrees_that_bitcoin_cash_has_certain/
Salty core maximalists. For some reason they hate real crypto with utility and prefer to use visa and paypal, like what the actual heck?!
Corruption. Infiltration. Government operation.
As KimDotcom said, try to buy a soda with Bitcoin.
There is a worse problem:
High fees lead to a FRACTIONAL RESERVE SYSTEM.
https://youtu.be/JaTefdDmH8g
(And LN is not the solution with how Bitcoin is currently designed.)
the 99% vs the 1%.
Bitcoin Cash vs Bitcoin
The elite usually wins these fights ...
But this, ... this is Bitcoin.
Bitcoin is disruptive!
and if not, does it still have value?
Make your bet!
Will wealth on the planet centralize (Bitcoin) or decentralize (Bitcoin Cash)?
Please explain your argument that bitcoin is centralized?
Isn't the only difference the block size, and thus the fees?
I understand the importance of that difference of course, it just does not make bitcoin any more "centralized"
BTC development is centralized. There is one reference client under the control of one very small, elite team. True, there are many contributors, but for your contribution to make it into the repo it cannot challenge the wisdom of the inner sanctum.
Fees guarantee that no more than a tiny fraction of the world's richest people can ever control their own BTC.
billionares would have 100x more control over millionares if the world ran on Bitcoin and proof of stake.
I think his point was that if the only people that can afford to use Bitcoin on chain are the ones making massive transactions then on chain Bitcoin becomes “centralised” on banks, business to business, and the ultra rich.
there are 25 000 banks in the world. if they all make 20 settlement tx a day, they get to control Bitcoin. they can collectively decide to replace all there 50 sat/byte tx in the mempool with 500 sat/byte tx, which means fee estimators will tell users to pay 10x more for a tx.
this dynanic gives them so much control over the 99%. want to buy a tesla? only if those 25 000 banks allow it. otherwise they can prevent your tx from ever getting confirmed.
Small miner want to join a pool? Hope you like monthly or quarterly or worse payout intervals.
It's not even about a banks here, mass usage of the network is prohibitive by the block size, each time more users will want to transact. the fees will skyrocket.
ill let u/vbuterin do it.
https://medium.com/@VitalikButerin/the-meaning-of-decentralization-a0c92b76a274
They've since made new changes to bitcoin cash as well.
they re enabled some script codes to allow more functionality on bitcoin as well as added some new codes. It allows things like SLP tokens and smart contracts on bitcoin cash. Sites like memo.cash can work as well.
they removed Replace by fee, which was added and completely broke 0 confirmation transactions as it creates an intentional way to double spend before its confirmed. You wouldn't do a large transaction unconfirmed anyway, but for small transactions it's usually fine (without RBF)
Centralised = there is a central authority who can change the system. Blockstream is the only team that has control over the codebase and they don’t allow any fix. On the other side there is BCH that is developed by 6+ different teams, every miner choses which implementation they run. This is how the forks happen every 6 month that is basically a network upgrade/maintenance.
Bad actors’ code gets abandoned just like ABC.
I break up decentralization on three basic points.
No administrative rights
File-sharing system with multiple carriers - nodes
Currency issuance by multiple peers
You can further add other also significant parameters
User base - BTC is not friendly to more users, it can be used only by a limited group of people or be used as a B2B settlement system for financial institutions which would provide custodian services to the majority of users.
So this might not be a centralization of the network itself, but it is certainly a centralization of network usage.
Why second layers and custodian services doesn't help decentralization?
LN is nowhere near as sustainable as the blockchain network where nodes can leave and join at will and no user experience will be affected, something that LN can't do. Also LN network structure can be performed in two ways, all peers connected to each other and filled with liquidity, which does not scale easily, otherwise multiple big hubs will have multiple connection, which can scale better, but leads to centralization.
Custodian trusted third parties have risk of censorship because of administrative rights of the host.
Its good that he tweeted about it right after a $100 dip, so newbies will get in at a nice $100 discount :)
Gotta thank the market makers for selling right before the Elon tweet. Enjoy the bargain.
P.S. I was contacted by some acquaintances who looked into BCH after Elon's tweet and they told me that they think BCH is underpriced after looking at the historical chary ON THEIR OWN, I didn't say anything to them, they legit researched BCH and want to get in NOW.
Had no idea that Elon has such sway with just a two word tweet!?!?!?
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I'm not sure Elon is the one people should focus on. He's selling products where a $10 fee is a very small percent of the total cost. I don't think he has much incentive to see this change.
That's not entirely true. Starlink subscription service bills, The Boring Company's Not A Flamethrower, and small ticket items from Tesla or Solar City like minor maintenance/repairs and accessories are just some of the products Elon sells for which a $10 transaction fee would be significant enough to turn off a lot of people, myself included.
Good point. I'm interested in how much of this decisions is Elon's vs Tesla management. If it is Elon driving it we may see him start to accept crypto for his other companies too.
Moreover, when people start using BTC more to buy Teslas, the high we be higher with longer confirmation times. Tesla and customers will not like this.
Tesla has a vast network of charging stations...
oooo, never thought of that. It would be super slick to accept crypto at these points.
Use a payment channel to pay while charging
There's already many energy sector projects in ethereum. Even chains/projects dedicated to energy trading. If BCH wants in on that, there's some catching up to do, I guess
As a merchant accepting cryptocurrencies the fees don’t matter to him, you’re right. But as a businessman looking to do business he’ll want something with the least amount of friction. It’s only a natural progression that everyone will do from BTC to other cryptocurrencies with actual utility.
Bitcoin Cash is one of those cryptos. It’s so damn useful and fun and easy and the possibilities are endless due to its quick low fee, reliable transactions. The world is going to want this. Hell they need this! I can’t stop buying it lol, I feel like a kid in a candy store but no one has switched on the lights yet!
I agree :)
I think Elon has the engineering common sense to realize that BTC is designing itself into a box. Time will tell.
It makes me wonder how much he actually understands of bitcoin. I'm sure he understands it functionally but how deep has he gone into the design?
I've gone back and read the Book of Satoshi recently and the amount of care and thought that was put into the design is really underappreciated.
It's really hard for me to understand how people who read his whitepaper and forum posts don't think his scaling plan was as good as the rest of the design.
Sooner or later he will bump up against the irrationality of that group and then he will get it.
It's even possible, though unlikely, that he already gets it, and is setting everyone up for an insane coup de grace.
The one thing I like about Elon is that he is willing to make changes even after sinking a lot of money into something. For instance, he abandoned using fiberglass and carbon composites for his satellite program after $millions on their development. Went to using stainless steel instead despite it being old technology. He knows when to switch to something better.
Hopefully this thinking will remain true as he spends more time using cryptocurrency.
I watched an interview where he say being able to think “from first principles” and he seems to have been able to see how to disrupt existing tech..
Now if is he interested enough in crypto and money/currency in general to dig into the whole BCH/BTC, I don’t know.
That would be brilliant tho:)
Elon doesn't want BCH competing with PayPal.
Elon couldn't possibly give less of a crap about Paypal. He wouldn't even blink if it disappeared completely.
Why would you even say such a thing? Elon Musk literally chased a $1billion dollar bonus for meeting Tesla sales, yet PayPal brings him in $20 billion in profits yearly with 20% growth year over year and you're telling me he doesn't care about profits?
https://www.statista.com/statistics/382619/paypal-annual-revenue/
That chart shows revenue and not profits.
Elon sold his entire stake in Paypal just before starting Tesla/SpaceX/Solar City.
Elon has own any paypal shares for a long time now.
yas!!
Holy molly!
Cool. Too bad BTC fucboi’s will start insulting Elon Musk till he too crumbles to peer pressure
I’m sure they will pile on but Elon does not seem like the guy who gives to peer pressure
For instance, look at his comments on the lockdowns and the vaccine
What did he say about the vaccine?
To paraphrase, he said that lockdowns have done more harm than good all things considered. And that he and his family will not be taking the vaccine, as they are not at risk for covid.
source here: https://www.youtube.com/watch?v=3BnR_phGfE8
I don't think so...
I retweeted that if they buy BCH and accept it for Teslas I'll buy a model X. Everyone should send a reply like that :)
Holy shit I’ve been saying this to Elon forever but I never got a reply. Great job. Maybe try to set up an interview with him or private call to discuss the benefits of BCH?
Must get as much bch as possible before Elon buys and it shoots to the moon.. Any ideas for robbing fiat banks?
Why Rob bank? Just print own stable coin.
Don't have the backing. But yeah, print more.
The appearance of backing will suffice. It's all about managing perception.
Teach me o wise one 😁
Tether doesnt either have backing XDDDDD (proven in the NYAG lawsuit, they legit have evidence that there was no backing.)
Oh shit, this is huge!
Most people currently involved in crypto doesn't care enough about it beside the monetary figures to just wonder if it actually works, let alone how it works. They just follow blindly the position of some public figure they have faith in. Opening Elon eyes on how bitcoin work and why btc doesn't make any sense anymore is the key to opening millions eyes, and would be enough to turn the tide around and have the social media campaign strike back at btc maxis, keep up these smart moves Kim, Egon and everyone else involved, especially Roger who is admirably steady to his belief and position in a crypto world were everyone change their position every two weeks. I personally don't have the stamina and nerves to go on this social media crusade against axa empire and their sock puppet army but I admire your steadiness. I'll stick to doing my part of the work on everyday life by just advising people that ask me about crypto to look at the white paper and the brief history of bitcoin censorship, if they are smart enough they'll do the math.
Keep up the good word everyone, and remember that a few century back flat earther were burning alive the few people that believed the earth was round, opening people minds take time and steadiness.
u/chaintip
chaintip has returned the unclaimed tip of
0.00216437 BCH|~ 1.16 USDto u/Phucknhell.If I used Twitter I would chaintip Elon a few $ worth of bch. Hell, that could be a good marketing strategy... pick a celeb and dogpile on them with chaintips.
Thank you, Kim Dotcom! This guy is using his fame to advance BCH. A less famous person would not have any impact.
cant tell a lie, been on the fence with BCH and Elon jumping in was enough for me to finally get my feet wet.
This is jumping in?
AFAIK Elon hasn’t bought any Bitcoin Cash BCH. The price would be way up if he did lol, that man moves markets more than Melvin.
I love bitcoin Cash, don't get me wrong, but in the interest of honesty, I don't think he has any BCH that we are aware of.
Serious question. If the argument is lower fees, than what makes BCH superior to any of the hundreds of other cryptocurrencies with even lower fees, or a coin like NANO, which has zero fees?
It supports other use cases:
Micro and large payments
DeFi (smartbch, detoken, anyhedge)
own token system built on BCH (SLP)
supports privacy with cashfusion
very low adoption costs
several developer teams to avoid centralization
adopted by most merchants, businesses, exchanges in the world
support by many DeFi provider like REN or chainlink
shares the bitcoin genesis block
This is fire :)
www.tipb.ch/fire
I had my first interaction with a maximalist after retweeting this tweet
I have a question. What will be the fees on BCH network if the network is doing 1000 transactions per second?
Same as they are now.
https://bitcoinfees.cash/
It will remain the same as it is now.
Maybe even cheaper, because more transactions pay for more than enough hard drive space of the miners.
But definitely not more than now. If the price goes up we can just pay fractions of a satoshi, like 1 satoshi for an entire transaction, rather than 1 satoshi for x bytes. If it gets even higher in price , they can just fork to allow smaller decimals of BCH coins. Super easy.
Central Banks unlimited money printing is the best advertisement for BTC.
Unlimited high fees on BTC is the best advertisement campaign for Bitcoin Cash.
AHHHHHHHHHH
Go back and read satoshi's writings and it's really clear he not only thought through this stuff ahead of time he had plans for it all too. To throw his plan away to create a second layer is absurd.
That being said I dont' think Elon cares much about the txn fee on a soda, he is selling cars.
But a Tesla does not cost <10$. And if you pay in these dimensions, you do not care about 8$ fee. For these companies it's about jumping on the biggest ship. Not the fastest.
Superchargers arent free
Yeah I don't think Elon is concerned about a $10 fee. It's probably cheaper than what they pay for the legacy banking systems they use.
Imagine the transaction fee for Tesla putting the price of an entire car on an American Express. Bitcoin is only a fraction of the cost.
i wonder if they plan on adding crypto payment support to the tesla shop (https://shop.tesla.com) which sells several less expensive items. it'd make a lot more sense for them to accept something like bch there instead of btc
also, charging stations...
Too sad, that somebody has to tell him 🙄 Same counts for Ethereum...
Tesla should accept BCH. They can convert it to BTC like a payment processor.
-convert +trade. Tesla's business is to build and sell electric vehicles not to be a payment processor
Do Tesla run the charging points?
So what would the fee be to buy a Tesla?
Why exactly is Elon saying is a fair point?
Crypto could be a nice way to pay for charging electric cars. It wouldn't be viable with BTC, but would with BCH.
THIS!
Less than a penny
The BCH fee for buying a car would be around 0.005c.
The point is that if the fee were higher, it wouldn't be possible to use it for smaller purchases too.
Why is Bitcoin and Bitcoin cash always fighting? I’m in it for the money and making the most amount of money
LIGHTNING
No
Ahaha keep grasping at straws your shitcoin is now worth <1% of a real Bitcoin.
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Huh? What's is worth <1% of BCH?
back under your bridge, satan
It is because of the fees that I have moved over to IOTA and recommend others do the same
IOTA Homepage
centralised spreadsheets. all these premined, unmineable "new tech" coins are legit running on one guys server in their basement.
lol enjoyed your comment but if you look into it there's a bit more to it than that. tks for the laugh though :)
No way. Taxable event. For a soda? You'd have to be a complete idiot.
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What? That's mathematically nonsense. The numbers have already been converted to a common currency (dollars) so the difference in price per coin has already been factored out. Your suggestion would only be valid if the numbers were in their own coin units.
What he meant was that fee per market cap was low. If we assume the same money velocity on both chains, it's a fair comparison since it compares transaction efficiency for a complete ecosystem. However, throwing numbers without context is a dumb way to make a point.
> If we assume the same money velocity
Why would you assume the same money velocity on both chains?
One chain isn't even money and it has been deliberately crippled to reduce its velocity.
Got to compare apples to apples.
That would only matter if their transaction capacities were the same. Since BCH at BTC market caps would still be nowhere near its capacity, nor is capacity inversely proportional to market cap; market cap is orthogonal in this comparison.
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What two factors are you talking about?
There is transferred value and the fee for that. I don't mind what units you compare in but they've got to be the same unit. What possible justification is there for dividing the BTC fees in dollars by 100? Are you trying to say dollars transferred by the BTC network are a hundred times more valuable?
If I want to send you ten dollars worth of value... I want to know what that will cost. What will end up in my wallet and what will it be worth. And it's not a hundred times less on the bch network.
As for "ignoring LN" ... you're kidding right... In ignoring it just like everybody else in the world. Nobody is using LN. Including BTC proponents. Quite rightly because it's so poorly supported that it might as well be a different coin.
From Clark moody dashboard:
Lightning Network (Public) ?
Total Capacity 1,167.43 BTC
Capacity Value $61M
You're find of dividing by network cap... Do that for the LN capacity too.
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It doesn't work like that lmfao
I was thinking to exit from BCH, but then I saw this. Now I am reconsidering, the current situation might just be the near death experience of bch that is sometimes needed (my bids triggered below 0.009 btc - I guess I need some more btc to put bids also at sub 0.008btc/bch).
Best time to buy BCH is now. Smart bch is coming in couple of months. I think that itself will shock many people outside bch community who think that bch is just a copy of btc
Well, if the current use case of being used for merchants that dump into your bids will be the only use case, then bch is heading to 0. Even those who replace will buy their replacements for lower prices...
Haha :D. Well, don't get too pessimistic now. Good things are coming. When the price starts to finally move upside, the move might be really explosive.
Monero is superior to Bitcoin and Bitcoin cash in every way a user wants from transaction costs to privacy but it still hasn’t caught on.
One word: fees.
Monero doesnt scale. Same as Bitcoin-Core doesnt.
Monero can handle 1,700 tps to my understanding and fees are like .003¢.
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Doge has a hardcoded min fee of 1 doge per input with a
Math.ceilrounding it up. What happens when 1 Doge starts becoming 5 cents? 10 cents? I think you get where I'm going with this.Comment deleted by user
Clearly with BTC
A very serious company with impressive market capitalization. An interesting project with great ambitions and ideas. It has a good start and the team is very strong. #VulcanForged #Blockchain #cryptocurrency https://t.co/Bdcfbtg6u2
Lightning Network, though.
18 months
What?
Even the book is late
I don't know what you're talking about. "18 months", what? What book?
“Fair Point” but no one is adopting your bitcoin crash coin. So who gives a shit. I love how all the post here mention Bitcoin. Go to the bitcoin sub and find convos on BCH...not many at all. BCH is just another shitcoin. Don’t believe me? Look at its price history. Its says it all “shitcoin”
"I love how all the post here mention Bitcoin. Go to the bitcoin sub and find convos on BCH...not many at all"
Because r/bitcoin has been a heavily censored circle jerk for years !! You not allowed to talk about BCH !! How do you not know this ?
BCH isnt Bitcoin.
lol , you keep telling yourself that, listening to others telling you that lol!!
I'm guessing you must be quite new, got in late, didn't experience bitcoin when it worked ? When it worked just like bitcoin cash works today.
Bitcoin, peer to peer electronic cash.
Bitcoin forked, BTC was one side of that fork, BCH was the other. If BCH is not bitcoin then neither is BTC.
Guess you must have been given the bcash propaganda and like most sheeple, not looked into it.
Bitcoin did not fork, bcash did.
Bcash does not follow the Bitcoin white paper. Instead bcashers spread propaganda to defend ignoring key aspects of the white paper, but when you look into the propaganda - and Im sure you wont - you see it is simply peddling of baseless QAnon level conspiracy theories.
Interesting. The key bit of information in this link goes to a 404. For those interested, you can read it here - https://web.archive.org/web/20190624131939/https://pastebin.com/4BcycXUu
The following was particularly interesting:
And
And
And
Replace-by-fee may not be something you like, but its not some grand conspiracy.
I dont think your propaganda is going to acheive what you hope it will.
Ma’am, don’t be salty 😘
Both coins are NOT useful for payments! When will people understand.....Please use them, do some research before spreading this BTC bullshit here!
you could probably say the same about bsv or btg or whatever other stupid fork was shat out.
who cares about transaction throughput if it does nothing but bleed value for years and years on end. you'd seriously be better off holding dollars.
Why do you guys always sound so mad?
At this point, Bcash and all the other forks are just dividends for OGs to live off, without touching their BTC. If you want cheaper faster transactions, just about anything on CMC can do that. But they don't try and drag bitcoin's reputation down in the process.
Almost everyone on this subreddit is an OG, dummy. We're not scared of holding the bag like you are, because we're interested in the technology, not the dollar value. So what other PoW coin works at scale completely on-chain? If you know of another one I'd certainly be interested in it.
Fuck ye!
BTC crash?
Aw shit this means like 50/50 chance BCH gets an Elon pump at some point in the near future
Saw that somewhere:
"I can't buy a Tesla with bitcoins, but I can sell my Tesla to buy bitcoins..."
The same post in r/cryptocurrency was 80% downvoted https://np.reddit.com/r/CryptoCurrency/comments/mcunr3/elon_musk_agrees_that_bitcoin_cash_has_certain/
Salty core maximalists. For some reason they hate real crypto with utility and prefer to use visa and paypal, like what the actual heck?!