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RE: Bitcoin vs Bitcoin Cash: 18m Users Will Soon Be Given The Choice 🤔

in #cryptocurrency7 years ago (edited)

BTC (BItcoin Core) isn't going away anytime soon, but it is quickly becoming a less cash like currency. More like a gold commodity network connected to the regular banking institutions, which is not a bad thing in of itself. BCH (Bitcoin Cash) however stays more like cash and as such provides it's own value proposition.

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BCH steals the name from another coin, very low imho, they should like a 'man' (haha) and get their own name and chain and compete with the LTCs DASHes etc. BCH = theft, sneeky.

There's really no "stealing" the brand, since it's technically a modified Bitcoin, they added the "Cash" on the end and they use the BCH ticker to differentiate themselves.

Rebranding might be good in the future, but right now their main selling point aside from the blocksize increase is that they're using the same block history as BTC. From that perspective it makes sense to consider it "Bitcoin" or if one thinks it's more in line with the original vision of Bitcoin, perhaps even "the real Bitcoin".

ok so someone copies one’s passport and calls oneself other one’s name and put a look like mask, but wears different better clothes maybe, now someone declares someone is the real one. The movie face off comes to mind

More like someone mostly copies the design of an old watch from the company they used to work for and says theirs is more like the original than the newer design / more Gucci than the current Gucci etc.

Or, someone who is not corrupt/officially considered police by the local government monopoly decides that he can still do better and calls his work "real policing" as opposed to what other men and women in uniform are doing.