You are viewing a single comment's thread from:
RE: TTR - November Fork - S2X, BCH and DCG Warning
Wow, is this linked to the Bitcoin Gold thing? I'm a bit confused because I'm not very well informed. Is this fork going to make banker profit by people investing in it? So this warning is for us to NOT invest in it? Or it is going to create a virus in the Bitcoin code and we might lose all our BTC?
I believe the Bitcoin Gold fork is not related.
The links above have more information, but essentially the changes DCG wants would allow them to direct the development and centralize mining activity to a large degree. This is a warning to not support these efforts, as they are counter to the open philosophy behind Bitcoin.
There is no such thing as a "virus in Bitcoin code", its all open-source and freely available for review. It is primarily a political/power grab that Bitcoiners should be aware of.
Ok, they're trying to centralise it in order to control it. The whole point of Bitcoin is to be decentralised so that the government has nothing to say, nothing to grab, nothing at all from it. So that we can be freer.
Precisely. That is why you have to watch the companies and money flowing in this space.
For instance, Jeff Berwick a.k.a. "Dollar Vigilante" here on Steemit had a conference sponsored by Roger Ver, and he promoted BCH (BItcoin Cash) in his videos. Once you link the financial involvement, its pretty easy to see who is compromised or biased.
Ah, yeah, I see. Well thank you for the precision :)