Post
Topic
Board Altcoin Discussion
Re: I hope you guys won't fall for this BCH joke
by
Coldsnap4457
on 13/11/2017, 17:33:28 UTC
"The simplest option would have been to raise the block size cap from 1 MB that Satoshi Nakamoto originally added as a temporary measure to prevent spam transactions. However the company BlockStream, backed by insurance giant AXA[ref] which now has the majority of developers controlling the Core repository did not want that. They wanted to stifle on-chain capacity so they could force users and transactions into using their patented side chain called Lightning Network[ref]. Not to mention that the Lightning Network will abandon the original Bitcoin vision for a fully decentralised payment system[ref] and move to a system which is more like regular banks which can be controlled, regulated and censored[ref]. This is a disgusting hostile corporate takeover attempt of Bitcoin and the goal is to kill it off as a decentralised currency."

https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-miner/

The clogged up mempool is NOT the only PROBLEM!

I just paid close to $40 fee to send some BTC.

WTF?!?!

How the hell can Bitcoin be used as a currency or for buying anything?

If I was to pay someone in another country, I'd rather mail a check in an envelope.