Roger Ver's Interview with Alex Jones....

[johngabriel]

Ok..ok...I am beyond confused by all the infighting that has occurred within the #BTC community the last few years. Can anyone explain this to me?

*Did anyone catch this interview with Roger Ver & Alex Jones?

DISCLAIMER: ALEX JONES FREAKS ME OUT A BIT!

DISCLAIMER: ALEX JONES FREAKS ME OUT A BIT! (I added this again to avoid any confusion) :)

I've been told that BTC is the only true bitcoin, but then you have BCH (bitcoin cash) enthusiasts who swear by it and in it only. Those people claim that #BCH is the true bitcoin as envisioned and described in Satoshi's original White-paper, which you can find here...https://bitcoin.org/bitcoin.pdf

And, I would have to agree on a few key points...

1. At the moment, BCH is more useful in terms of being a currency due to it's fees being dramatically less than BTC.

2. BCH is much faster in terms of transaction/processing speed.

3. BCH is far more affordable, which I guess really doesn't matter if you are actually using it as intended ie...a currency used to purchase items or goods.

Here's what is interesting to me---is anyone actually using the original BTC to make purchases?? I mean, if we are to believe that bitcoin is going TO THE MOON, why in the hell would we chance getting rid of any of out stash?

Is bitcoin the new #GOLD or GOLD 2.0, and really only meant to be a store of value now?

Is this what was intended by Satoshi?? This is perplexing to say the least.

I will continue to do more research on Roger Ver, but it seems all he gets is hate and vitriol from the community.

To be fair--I am hodl'ng both #BTC & #BCH at the moment.

If you have any further knowledge of the division, I would love to hear your thoughts...Thanks!

Comments

[amendt]

I listen to Tone Vays.
Bcash is going to zero for 2 main reasons

1. Increasing the byte size of the transactions causes miners to become more centralized. -- not everyone can afford the extra bandwidth and Storage.
2. Segwit wallet accounts now allow for up to 7 transactions per second. Which is the main reason why each block now has less than one Bitcoin in miners fees. No segwit in bcash.

[johngabriel]

Going to zero?? Geez, ok. I'm not sure about that--but I hear ya. How about BTC being used as it an actual currency instead of just a store of value. Just playing devils advocate. Love to hear your thoughts. Thanks for the reply.

[amendt]

Yeah how do you think I feel I still own some bcash
Once lightning Network becomes part of Bitcoins code transactions will be inexpensive