This is all true about bitcoin unfortunately. Remember in November we were supposed to have the segwit2x fork? I'm of the belief that the fork didn't happen because bankers have overtaken bitcoin leadership. They bought out developers in order to squash it. The plan is simple keep transaction fees extremely high so it wont be used in everyday life and bog down the system by not forking. It's made me look at other coins that's for sure.
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This is an interesting look at how BTC works and how it may have been hijacked by big money interests and why BTC Cash might be the solution...