They Say That Bitcoin Core Devs Are Compromised - Are Bcash Proponents Real Anarchists? - A Deeper Look
Bcash proponents believe that Blockstream is compromised by the new world order because one of the investors is AXA and the CEO of this company is a member of the Bilderberg Group. It is indeed true that AXA is invested in Blockstream, but it is highly unlikely that they can steer the entire Core team in their direction through this. Also, if you look closer to the Bcash team, there are way more reasons for conspiracy theories.
The Blockstream story
Blockstream is funded by many companies and one of them is AXA, an insurance company with a CEO who is suspected to be one of the figures of the New World Order because he is a member of the Bilderberg Group. I agree he could be a globalist and not the kind of person we want to see influence Bitcoin, but I never believe he is able steer the entire Core team with an investment of 55 million dollars
The investment makes sense
Bitcoin development is not funded through ICO’s or other easy money grabs, most of the devs work totally voluntary and hope to earn something on the appreciating of their Bitcoin holding when they improve the network. Blocksteam is a company and have to earn money on writing mostly open source code, so a funding is welcome from whatever the source is. It is understandable that Blockstream accepts funding from any company because they simply need the funds to create code that is mostly unprofitable, at least in the short term.
https://www.blockstream.com/2016/02/02/blockstream-new-investors-55-million-series-a.html
When you look at the investments of AXA, inclusion of Blockstream makes a lot of sense. They are also invested in IA, wearables, software security, telecommunication and more, sidechain technology is simply a valuable addition to a package of tech that can optimise the efficiency of their business model greatly and keep them ahead of competition. Blockstream is only one of the 31 companies they invested in.
What is their evil plan to compromise the alcohol test app industry or the wearable tech? Aren’t it just smart investments to stay ahead?
Blockstream is only a small part of Core
Only a few of the hundreds of Core devs work for Blocksteam and Gregory Maxwell, one of the three most famous devs just left. It is highly unlikely that a few devs are compromised by AXA and influence hundreds of other devs in a permission less system where everyone can contribute.
Are Bcash leaders true anarchists?
It often surprised me that nobody else is questioning the Bcash leaders, they are all worshipped as great anarchists by there followers, Bcash became the first choice of many in the community. If you take a closer look, doubt will arise. A small disclaimer: I don’t claim that these people have bad intentions, but only that a conspiracy theory about them is WAY more likely to be true than about Blockstream.
Roger Ver
Roger Ver is always talking about anarchism, but he is an early and big investor in Ripple, the by anarchist hated ‘banking coin’. Ripple is against everything that Bitcoin and voluntarism stands for, and Roger invested big in it. Roger bought probably 22,725,000 XRP in 2013 what is valued today at 13,862,250 USD. Having a big investment like that in a banking coin being an anarchist is way more suspicious than Blockstream being a tech company receiving funding from an insurance company.
Roger bought for 250.000 dollar XRP (BANKERCOIN) on 30 September 2013, worth today almost 14 million
Craig Wright
Craig Wright or Faketoshi is applying for hundreds of Bitcoin and blockchain patents through his companies. When one thing is against the anarchist vision (and Satoshi’s vision as well) it is patents, especially in a world of open source software. Asking the government to give you the monopoly over certain tech by force. SHAME!
https://www.coindesk.com/reuters-self-proclaimed-satoshi-craig-wright-still-seeking-bitcoin-patents/
Gavin Andresen
According to Bcash proponents, Gavin Andresen was the by satoshi appointed dev to take over the Bitcoin project, but if you dig back in history you will find out that Satoshi left the project because Gavin gave a presentation about Bitcoin to the CIA. Beside the principles, it is extremely risky to inform the CIA in a time that Bitcoin was still flying under the radar and relatively easy to destroy or compromise. I think this is extremely suspicious, the chance that Gavin is compromised by the CIA is way bigger than the chance that Blockstream (and let alone the entire group of Core devs) are compromised by AXA.
https://bitcointalk.org/index.php?topic=6652.0
Conclusion
Almost all the important people in Bcash have had very questionable actions in the past that really doesn’t match with the voluntary vision where Bitcoin is build on. I believe they don’t hate the elite (NWO) because they want freedom for humanity, but only because THEY want to be the elite and rule over the common man with a centralised and thus controllable alt coin (Bcash).
Also, I think the Bcash devs are the frustrated ones that were not good enough to work on Bitcoin (See the flawed EDA / drop off of 20% of the nodes in the last fork) and moved to the anti movement. The fact that EVERYONE can contribute and review as well in Core makes it very unlikely that they are rejected, they just weren't good enough. Let alone the possibility that Core is compromised.
Don't fall for Bcash when you are freedom minded, it is centralised and will be controlled by corrupted and power hungry people, the real innovation for freedom is BITCOIN!
Disclaimer
This is no financial advice, just my view on the market.
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Not surprised to see this article has been promoted mainly by upvote bots. Oddly enough right after an interview I did with Ver is doing pretty well in the anarchy tag. I won’t make any conspiracy theories of my own regarding this.
In your opinion, you cannot be an anarchist and invest? Why not? I’m pretty sure Roger has never said the blockstream folks are “part of the illuminati.” It sounds like you may be conflating the views of other individuals with Ver’s.
That’s all the criticism you are going on to question Ver’s integrity as an anarchist?? Pretty weak case.
Even if you were right, though, the facts about BCH remain. It works as Bitcoin was designed to work. It’s fast, almost no fees, and can be use to buy and sell freely and securely. The same can no longer be said about Bitcoin Core.
I am not an opponent of Bitcoin Core, either, and hold some. These baseless and weak attempts at attacks on Ver—in an effort to discredit a coin—are pretty sad.
Firstly, I say nowhere that it is Rogers view that block stream is compromised by illuminati, but it is a big part of the Bcash community that does think that and this article tells them that I think it is very unlikely that Blockstream is compromised and THAT IT IS MORE LIKELY THAT ROGER HAS BAD INTENTIONS.
Secondly, I indeed think that investing in Ripple being an anarchist doesn't make sense. By investing in something you stimulate it and thus by investing in Ripple you give bankers more power. Voluntarism means you vote with your wallet instead voting in elections and by investing in Ripple you vote for bankers. It shows at least that his own gains are more important than improving the world, but maybe more.......
Also, It is bullshit that Bitcoin is not useful to transact anymore. BTC transactions are very cheap at the moment after a period of high fees that drove the market to improve efficiency through things like Segwit, batching ect. Every technology has hurdles to overcome when it grows and that is perfectly normal. Bcash DOESN'T work as designed, it is upgrading without caring about consensus and the security is flawed because it is only backed by 10% of the total hash rate.
Furthermore, if you give Roger time to lie about his altcoin over the back of Bitcoin on your show you ARE an opponent of BTC, because you are harming it. The mining pool of Roger has only minted BTC transactions with high fees to support his own narative on the cost of BTC and he is creating brand confusion by lying on his site what is extremely harmful. Telling people that Bcash is better he can do, but calling Bcash Bitcoin and BTC Bitcoin Core is an outright scam. And do you remember the 'flippening attempt' back in October or November? Purely hostile against BTC, and Roger was in the forefront.
This article is really not written because of your interview, I am more worried about Anarchapulco, where many freedom minded people who are doing great work but are not really deeply informed about crypto will be lied to immediately that Bcash is the real Bitcoin and BTC is compromised. I want these people to gain wealth and thus power to change things in the world and they WILL BE on the wrong side of the trade and end up losing money. It is really annoying me that the biggest chance for humanity ever is undermined by an attempt of a centralised, Bcash will certainly be compromised over time, so all the fraud in the world will remain!
Where, exactly and specifically, did he lie on my show?
2.35 Bitcoin Cash is Bitcoin: Bitcoin Cash forked off from Bitcoin with less than 5% consensus and thus is a failed upgrade. Satoshi programmed Bitcoin that only can be updated with more than 50% consensus, so technically it is NOT Bitcoin! LIE
3.05: He say that BTC is no cash anymore. BTC payments are cheap and one confirmation takes exactly as long as Bcash. Satoshi himself said that 0 conf. is not a transaction so don't come with that. LIE!
5.05: He say today LN is 18 months away, BULLSHIT I use it myself already to top up my phone by Bitrefill (you should try, it is way faster and cheaper than Bcash). LN is on main net, growing exponentially and multiple wallets are out already and merchants start accepting it. LIE!
this is especially sickening when you imagine that Roger and his friends blocked Segwit for about a year, we could have been one year further already and probably have never had all the obstruction in the network!
Im 5 minutes in and found 3 huge lies already, I have more to do today so I stop now. Every lie was MORE ANTI BTC than pro Bcash. This guy is heavily damaging BTC through lies, the best opportunity for freedom ever!
Do yourself a favor, investigate and then think for yourself. :P
Arguments please........
"think for yourself"
says it all, no more Arguments needed.
plus i am pretty tired of all bitcoin cash bashing from all those who can't think for them selves.
You got a 17.54% upvote from @upme thanks to @michiel! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).
BCash is an attempt to centralize nodes, create a centralized point of control and run a currency like a company. Roger Ver doesn't make any sense. He says BCash is Bitcoin, then he promotes BCash by bashing Bitcoin and deceiving people into thinking they're buying Bitcoin when they're really buying BCash.
Why would he want his BCash to be the same coin he bashes? By stealing Bitcoin's name and claiming that his coin BCash is Bitcoin, he is only validating Bitcoin and invalidating BCash.
Bitcoin has over 400 of the world's smartest people working on it. In order to make a change or implement a new version (soft fork) there has to be at least 95% consensus among those people. The decision process is purposefully designed to be inefficient and slow. It is impossible for any force on earth to manipulate the design of Bitcoin into anything but what is for the greater good of Humanity.
"BCash is an attempt to centralize nodes"
this is a big pile of bullcrap.
all coins starts off with few nodes and as time goes by ,more and more nodes joins the network.
No, you're the one making nonsense statements. Cost of maintaining a node is much higher with Bcash. It does not have anything to do with the initial number of nodes.
Bigger blocks means you need more computing power and bandwidth to download and run a node.
BCash blocks are so big, you will soon need a dedicated, specialized, very expensive computer to run a BCash node and a huge amount of bandwidth to download and maintain it.
BCash is purposefully designed to be controlled only by a select few who can afford it.
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Do much drama around bitcoin can btrash
Posted a very nice one and also added a lot of information. It's very useful to read your post. Thanks for giving such a post..
I do not understand very well the twists and turns of the bitcoin and bitcoin cash developers. Until now I thought they were all volunteers. Nor do I understand anything about the role of blockstream, purse, and how decisions are made in each of the teams. Anyway, I do not understand anything. I am sorry..
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Most of these big names in crypto are only in it for the money. Don't kid yourself, if they weren't they would remain anonymous.