You are viewing a single comment's thread from:
RE: It seems like everything is back to normal in the Crypto Currency market? Or what is normal in the crypto-world?
I don’t think off chain solutions will centralize BTC, just a small part of Core developers are part of Blockstream anyway and without segwit, centralized mining in BCH with ASIC boost gives to Bitmain the complete control over the currency and hardware market so they can easily manipulate the market for profits, plus...if BCH wants to go mainstream it will have to deal with 1Gb or more blocks very soon (look at Andreas Antonopoulos seminar regarding scaling on YouTube) no way you can run a full node by yourself then. For now though, Bitcoin is the best store of value available...it is not physical, sha256 encrypted, private, based on ownership, product of the free market, easy to purchase...way better than precious metals.
Right. It's the best store of value. What Satoshi intended though, was a p2p decentralized payment system which was supposed to be safer and faster than any traditional banking system. I got into Bitcoin because I believed in it's ability to transact. If crypto currencies cant transact and be used as payment, we wont win. And that's exactly what governments want. They want the BLOCKCHAIN to succeed..oh they're all about that. But, they want enough control. They realize they cant have full control (which they never had anyway) but they cant lose control over the currency and payments. So, thats why I believe ONE of the groups in Bitcoin definitely are in bed with the enemy. And I think that Core is.