Post
Topic
Board Announcements (Altcoins)
Merits 7 from 3 users
Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees
by
BitUsher
on 23/04/2019, 12:57:45 UTC
⭐ Merited by suchmoon (4) ,bones261 (2) ,gentlemand (1)
No. The markets have decided which chain it is that is currently preferred by the preponderance of participants. It has nothing to do with the question of 'what is bitcoin'.

Remember when the narrative from most "big blockers" was that Bitcoin was the most cumulative hashrate as defined in the whitepaper and that miners ultimately decide/vote on the direction of Bitcoin influenced by market forces?

Now that Bcash has failed to convince the majority of users, miners, exchanges, merchants, devs it is pivoting to defining bitcoin as ones individual subjective interpretation and ignoring the whitepaper.

The Hypocrisy.

“It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

Bcash supporters made the wrong bet and despite all the evidence over a sustained time will still remain stubbornly delusional because admitting otherwise is simply too painful.
They are hanging on a glimmer of hope that the market will rush over to their altcoin during the next bull market because of fees ignoring this has already been tested in 2017 and making the incorrect assumption that they exist in a vacuum and incorrectly believing they are the only substitute good available.