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RE: Crypto Lesson for Dummies : BTC vs BCH

in #bitcoin7 years ago

The whole segwit issue seems very fishy to me. people were being banned on reddit if they spoke against it, they forced miners to upgrade whether they wanted to or not. Now the same thing is happening with BCH. If anyone supports BCH they get banned or attacked with a major smear campaign. I'm afraid that bitcoin core might be compromised. Especially if you look at who signs their paycheck. They seem to be deliberately ruining bitcoin. I guess time will tell. Also, BCH is making a big deal about decentralizing their development, there isn't just one team, there can be countless teams, a true open source endeavor, unlike bitcoin core.

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In what sense do they intend to make it several teams? This was supposed to be possible already, so is it just that they're breaking up the monopoly (by using a smaller mining "monopoly" of their own as part of the tactic) or do they have other tools to accomplish this?

I'm reaching the edge of what I know... But bitcoin's development is only really done by bitcoin core, in secret. BCH has at least 5 or 6 groups that are all working on the code.
I didn't watch the video, but this is a good place to start. Also look at BCH's letter they wrote to explain their vision.
https://steemit.com/bitcoin/@scandinavianlife/who-is-really-behind-bitcoin-core-bilderberger-and-globalists-bch-is-the-true-anarcho-capitalist-bitcoin

Already seen it. I'll need to look into this more. If they can encourage more people being involved that might be a good thing, but BTC is a big organization as well and if the BCH organization has too little agreement then developement will become just as slow in BCH.

Interesting read. Some good, some less so. I'm at least pleased and intrigued by the state of mind that Falkvinge appears to be proposing.

Yeah, it will be interesting to see what happens... I'm starting to feel like BTC will probably win but ultimately be overtaken by other coins. BCH might be able to compete if it becomes the "real" bitcoin but I think that is a long shot at this point...