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RE: Tone Vays vs Roger Ver debate on BTC vs BCH as 'hard currency'.

in #notoriginalcontent6 years ago (edited)

This is frankly a lot of fluff. Transisto I've been patient. With you. This isn't our first time discussing this so I would have expected a little more nuanced argument at this point.

Low prices are more competitive as compared to high prices and the BCH network (as the Bitcoin design) is itself more internally competitive due to a commitment to large blocks. That's all I'm saying in that regard.

Fewer nodes is fine. It's been the expectation ever since Satoshi first announced Bitcoin. It's a good, depending on how we use the terms network and client nodes. Miners have the incentive to run any and all of the necessary infrastructure if that should become necessary. Bitcoin is a fully competitive system. While I can understand how this seems like a worrying trend, you are free to try out something else. Just as we are here with Steem.

The problems with SegWit I'm pretty sure you and I have already been over and it's not to do with "ease of use". It's also so much more than just SegWit.

Same with Roger and various personalities. They are not Bitcoin Cash, just like they never were Bitcoin. -Yes, Rogers $1M bet is reckless but then again what is it to you.

The issues had been going on for far longer than 2 months and they are still there. Just because you think they are now small enough again, doesn't mean they actually are.

I've tired of all these senseless arguments with both supposedly pro and anti BCH crowds. What remains to see now is if Bitcoin Cash remains recognizeable by hashpower or if it turns into a UASF drama of further and further splits to no end. Other than that I'm not really interested anymore.

I'll look back in a few years and see what happened.

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You're not factoring in the security difference when comparing tx fees.

Fewer nodes is not fine. Full validation isn't for everyone buy we should aim at not increasing the cost of it.

What's the problem with SegWit? What's much more than SegWit???

It wasn't so much about the bet but that he thinks it might take up to 10 years for BCH to recover.

What do you mean by " doesn't mean they actually are.".

You're right that high fee lasted more than two months, more like 4 months.

There is no way to know for sure if this fee surge was organic or politically motivated at the time. In hindsight it appear that it was.

I suggest you check more often than every few year if you're invested in BCH.

-Just a quick acknowledgement on my part before I resume my break from this BCH/BTC mess. These questions (in whatever limited way) deserve answers, but I think I have already given them elsewhere and I want to leave these arguments to others for a while. Preferably to be solved in free market competition between actual technological implementations, but we shall see what the future holds in store.