Fuck Blockstream.
BCH
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posted in 2017 i assume?
You lost, get over it.
the worst thing about this whole thing is people like you that didnt even understand what it was about
I know it infuriates me... Now Africans will never be able to buy coffee using bitcoin.
oh he has started posting again? thought he had stepped away from crypto, cool
if you get the issue but still bitch about BCH and defend BTC not increasing the block size limit, you're just dumb.
it was about use case
if you wanted store of value then making transactions valuable by constricting block space was the logical move.
if you wanted cash then making transactions dirt cheap by making the blockspace have no value was the logical move.
most bitcoin devs wanted their bitcoins to go up in price fast as possible. they were hodlers of significant positions and made the logical choice.
the end result is evident by the valuation of the tow forks today.
If you don't get how I was mocking your narrative as missing the point, you're just dumb. I argued with plenty of bcashiers in 2017 and told them if they hodl according to their views they'd get rekt by history. I was right and thus obviously not the dumb one. Time for arguments is over, no one wants to relitigate a subject over and over for those who were too slow to learn the lesson the first time.
looks to me two morons who don't know what they are talking about arguing over spilled beans.
the community split because some people just don't get the idea of consensus.
if you didn't sell BTC in 2017 you're even dumber than i thought
bitcoin was always meant to be borderless peer 2 peer digital cash. it can't be that with 1000% fee on transactions. splitting the community, implementing segwit/block weight/implementing sidechains, losing adoption, it made NO sense compared to just increasing the block size limit. blockstream cannot be forgiven.
what they did to gavin andresen is unforgivable (locking him out of the project satoshi handed to him) and it's painful to read how the people treat him in that thread
>bitcoin was always meant to be borderless peer 2 peer digital cash.
but that's not now you make max profit on it. i'm with the dev s they have my best interest at heart.
>it made NO sense
lol you still stuck on this? who cares what made sense to you back then? who gives a fuck? see you at $100k and $1million!
i mean if you're not a believer in the original goal of bitcoin i don't know why we're even talking. just hodl and cash out that fiat, right?
i'm a purist i still want the exact same thing from bitcoin as i did from day 1. and it's doing it. cashing out to fiat is not how you think it is.
bitcoin has an average annual return of 360%.
even calculating with only 150% it absolutely beats all other form of investments. after a while you are unable to make a dent on it's increase in value by withdrawing a hefty salary.
basically you make it on bitcoin in 5 years on average if you dca in for 3.
all you're saying is you were not a believer from day 1.
Let bitcoin be bitcoin, we have hundreds of other coins that can be cash
i believe that bitcoin is the only one trustless permissionless yet publicly auditable and secure ledger in existence. and i believe despite all my other legal asset (from my real estate to my bank accounts) being confiscateable by my retarded thieving governments thugs bitcoin is not something they can take from me.
owning bitcoin is literally knowing a secret. can't be proven or disproven. can't be detected at a border cross or when boarding a plane. they can x-ray my asshole all they want. bitcoin is the only asset i truly own.
buying coffee is of no interest to me.
anything can be cash that's not a use case you need crypto for. fucking entries in an rdbms can be cash (see paypal)
yes you believe in something, just not bitcoin as it was meant to be. it's okay.
it is how it was meant to be exactly with the addition that it is also a completely inflation proof store of value. and safe from all jewish central bank trickery.
are you using a cold wallet generated by a permanently offline device? if not, then your btc is no more secure than any physical asset. much less so, in fact.
have you seen the title of the bitcoin whitepaper and still argue that BTC is where it was meant to be?
i have read it a few times. from start to end. you stuck at the first line. i'm personally convinced that anyone that truly wanted to make cash would have chosen different properties for it. the fix supply cap makes it impossible to funtion as cash outside the hyperinflationary early period.
I'm wasting my time on you.
No other coin that starts now can be used as a store of value, bitcoin is what it is, let it be this whale in the ocean, other coins can have cheap fees
I think the goal of bitcoin was that no one controlled it, that Satoshi was not god, and could make mistakes.. he gave it to the world, for the world to do what it wants with it. Nick Szabo (who either is satoshi or had huge influence on him) and other big brains support small blocks; It's more decentralized.
>I think the goal of bitcoin was that no one controlled it
early miners control it.
it's a slow and expensive transaction processor. that is the correct way to look at it.
suppose they called it "bitledger" and avoided any references to "mining" or "coins". do you think it would be nearly as successful? i think you people are seeing more than there really is.
small blocks are relative. 10mb today is smaller than 1mb when satoshi implemented it.
that's not the real reason.
>it's a slow and expensive transaction processor. that is the correct way to look at it.
that's the brainlet way to look at it.
bitcoin can do billions of tx/sec as is. and taproot gonna blow this capability up.