Post
Topic
Board Economics
Re: Why bitcoin cash (BCH) is a poor idea.
by
deisik
on 30/04/2018, 11:34:08 UTC
...

Just a rant and didn't know where to put it (other than my nose).

All these wannabe Bitcoins are copycats, which aim at earning profits by their creators. But this should have been expected just as with altcoins starting to spring up a few years ago en masse. In essence, it was only a matter of time until someone made another Bitcoin instead of creating an altcoin based on Bitcoin codebase and protocol. I suspect (actually, hope) these copycats (well, most of them) will die long before physical limitations such as disk capacities kick in. They are not intended to be a genuine means of making transactions (whatever their creators claim to the contrary). They are no more than profit-making machines exploiting Bitcoin's name while it is still worth something

In short, expect more to come