Post
Topic
Board Service Discussion
Re: ViaBTC releases BCC (Bitcoin Cash) trading
by
stompix
on 26/07/2017, 13:27:54 UTC
Looks like bitcoin is starting to look life fiat more and more.
We have banks (online wallets), a central bank (the devs) , a banking cartel (miners) and now free money printed out of thin air.

Bullshit.  Devs do not have power to decide how scaling is implemented.  This is why we have a consensus system.  And BCC is not "free money printed out of thin air", it's a 1:1 fork of BTC with a different block size and different characteristics.

If we went by your logic I could create fifty 1:1 forks of BTC and claim that they're all "real" Bitcoin.  But they're all completely separate things which only the free market gives value, and they're not an increase of supply at all.

Online wallets also do not give out loans in which they conjure money out of thin air, and the coins that you hold in an online wallet are at least supposed to represent real coins that the wallet provider holds, whereas in a banking system the digital money does not represent real cash, and the real cash does not represent real assets.  They're simply not comparable at all.

1) Oh but they have the power. They just proven that to the entire world.
Choose one. Either republicans or democrats , segwit or bitcoincash.

2) What is being done is introducing a new currency on top of another one. Just like a lot of countries did, with success stories
like "plano real" or in 99% failure of the entire system.

3) Online wallets have control over you money. Just like banks.
And if a bank fails your money are somewhat insured. If inputs.io goes down.... we now what happened