Post
Topic
Board Bitcoin Discussion
Re: So who the hell is still supporting BU?
by
RealBitcoin
on 14/02/2017, 07:09:48 UTC

You're a foul mouth little Asshat ,

LN is Offchain Transactions , a Service that will Directly compete with the Miners for transaction fees.

LN will allow counterfeiting & banking style fraction reserves in to BTC.
A write cache would not allow counterfeiting & banking style fraction reserves in to BTC.


Thanks for emphasizing, I have a bad way of expressing myself.

Yes, what I was referring to in my above post:

https://bitcointalk.org/index.php?topic=1771911.msg17834215#msg17834215

Was exactly this type of hijacking.

Bitcoin's purpose was to eliminate 3rd party middlemen and IOU based fractional reserve banking, Yet, now they want to reintroduce both.

What a joke!