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RE: Korean Business Adopts Bitcoin Cash & Drop Bitcoin Core (BTC)

in #cryptocurrency6 years ago (edited)

Transisto you need to at least recognize that Core developers (regardless of motivations) made a system that looks nothing like the Bitcoin design at this point. I can't even recognize the sound money that Satoshi invented just a few years ago.

BTC opted for store of value, which is very very hard to do without having some basic use value. All of the Austrian economists knew this. Same for having a quota on blockspace that is set below market demand. That makes it a fractional reserve system.

Bitcoin Cash is at least still usable as cash. The money people held is still accessible with their private keys. It at least adheres to the design. If you dislike Roger (I know he has his flaws), that's understandable. But I'm still not ready to call him a conman merely for saying that Bitcoin Cash essentially is Bitcoin or for being aggressive in his marketing and business deals. Not any more than the Core crowd conned me and still cons people using Bitcoin.org, r/Bitcoin and BitcoinTalk. They're only far more successful at it so far.

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You are so far down into the BCash pit, you can't even see the sky.

For the newbies and those who are willing to read something (I know you sure as hell won't), I suggest this article on "The Bitcoin Standard" a excellent book by Saifedean Ammous.

https://medium.com/@craigjaquish/saifedean-ammouss-the-bitcoin-standard-the-new-standard-for-bitcoin-books-173f16e224a7

Money has traditionally had three facets: medium of exchange, store of value, and unit of account.

Vijay has a great twitter thread on this here, and how BCash has flubbed it -- https://twitter.com/real_vijay/status/1031686632137605121?s=19

You can't just pick one facet and discard the other - like Roger Ver has with BCash.

For Bitcoin, scaling has been achieved by using the broadcast model as the base, with layers built on top like Lightning for extensibility -- https://medium.com/@melik_87377/lightning-network-enables-unicast-transactions-in-bitcoin-lightning-is-bitcoins-tcp-ip-stack-8ec1d42c14f5

Anything else doesn't make sense - TCP/IP is built this way, and so is Bitcoin.

All the Cashies have is yet-another-fork coming because you guys are floundering in the dark -- https://twitter.com/CobraBitcoin/status/1032777354643496961

And you rationalize the mimicry and blatant scamming by saying its "aggressive marketing"?

Is everyone in BCash as ethically compromised as you? It would explain a LOT of what is going on.

You're doomed to fail, and we're trying to save you -- and the newbies.

Pay attention.

Money has traditionally had three facets: medium of exchange, store of value, and unit of account.

You can't just pick one facet and discard the other - like Roger Ver has with BCash.

This is just a blast to hear from you guys. It's your side that has used the pseudo-Austrian lines supposedly based in the actual valid "store of value" arguments of notable libertarians, which I have repeatedly refuted using Austrian economics and the works that these people (such as Mises, Rothbard, even Rand) produced. You're so full of crap frankly that I can't hold back from laughing anymore. :p

The rest, well it's just the same old same old that I've answered and you keep misrepresenting. Not entertaining enough to get into.

Bitcoin should scale as Bitcoin or what is the point. Network consolidation is part of the design and users don't trust nodes by using SPV.

Hopefully either BTC will get back to this or BCH will achieve it in the meantime.

Don't take it from me. Do your own research.

You're so enured, you have to wipe your face to keep the shit out of your eyes.

Hilarious.

Let us know how your multi-forked shitcoin fares -- Its all about the "vision" right?

Too funny. You deserve exactly what you get for being such a clueless twat.

And what do I get? A smile on my face?

Or do you expect me to cry if a coin does not work out? Wake up. Risk is a constant and something anyone who gets involved in cryptocurrency must be aware of sooner or later.

I'm personally not overinvested anywhere. Only in the truth. While many will not see the errors blatantly, you don't tell it very often.

It's easy to conjure up smears and populist half truths just because you think something your dead set on in your mind requires it. None of that impresses me.

But do go on. Many will settle for only one side of the story until that doesn't work anymore. We'll see where we are at that point. I'll be smiling still, because I'm not motivated by the things you are.

You are just one of the many clueless idiots that support scammers and liars.

How proud you must be, to be on the front lines licking Ver's boot. You've lost, you just don't know how badly yet :)

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