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RE: Bitcoin's Greatest Threat

in #bitcoin7 years ago

Last night was a complete mess.

My main problem right now is that BCH is objectively better for transactions and roughly the same for storing wealth. If this wasn't the case then this entire thing would be super simple to write off and HODL.

People keep calling for tribalism or calling heresy on those who fall victim to FUD. But ultimately tribalism and blind trust has zero place in the free market.

One of the threads on reddit is thanking a guy for taking a loss and continuing to mine BTC when most miners move to BCH. That is not a good thing to be happy over! That is nothing short of a tribalistic mentality. Slusho is the users name.

This means the coin was artificially propped up. That is not good news people! That's very bad news.

The free market is going to move toward the coin that functions better. Hands down. That is why the free market is better for consumers than it is for the creators. This is a historical truth.

And the BTC side of things is a bunch of tribalistic mumbo jumbo. BTC needs to be fucking patch and it needs to be patch now. It needs to be an objectively better coin NOW. 5 minutes ago.

Slap something together and make a plan to improve the coin by next week.

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