RE: Bitcoin at the Mercy of Programmers While Gold and Silver are Immutable.
It's a tough one to call.. I don't know.
I think Bitcoin Cash is awful, very valuable - but I'm not a fan. It's a cheater. It not only stole its name from Bitcoin, it has damaged the integrity of the space like maneco64 talked about and has a lot of new users confused or worse, BROKE.
FOMO is real.
That rise in Bitcoin Cash surely lost many newcomers a lot of money. Roger Ver is a bit.... arrogant, and whiny.. hot, but kind of a dick.. He's been around for sure. Made a ton of money yes, and has definitely helped the space..
Bitcoin has proven itself to NOT be the go to peer-to-peer cash. Litecoin filled that role, dash too and many others. And the Developers of Bitcoin Cash could have started their own project.. but forked like pussies.
They cheated.
It's really easy to make a million or many in this space these days. Bitcoin Cash being a major example of that. But maybe Satoshi new we'd run into this issue and other currencies would be developed like we've seen.
People say that Bitcoin Cash and Bitcoin are totally different! AND THEY ARE ABSOLUTELY CORRECT...
But I say, if you're going to create a completely different coin, start your own. Bitcoin Cash has stolen massive mining power from Bitcoin hurting the system.
Maybe Bitcoin was designed only to be a wealth of storage, or on the contrary simply the catalyst for what has taken place the last couple years.
I'm young and I believe crypto is here to stay. I can be a little more risky with my investing but him, more than likely not. My expenses and aspirations are probably much different than this man 3x my age, but his viewpoint is very important and I think the young kids should be heard too.
Bitcoin was developed by Satoshi as is. I think this group of developers should have stepped away and created their own unique coin rather than forking.
I'm very excited for the future of Litecoin and Ethereum. After alll, it is us . who choose what currency we use. When Bitcoin transactions got expensive I moved to Litecoin. And if that happens with Litecoin I'll move to something else...
Bitcoin may have only been built solely for the potential existence of Litecoin.. or even Bitcoin Cash.
I suppose the war begins!