Quote from: BitUsher on April 23, 2019, 12:57:45 PM

Quote from: jbreher on April 22, 2019, 05:53:10 AM

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.

But isnt that the beauty of it? The capitalist economic model that allows miners to compete on hashrate? So that developers cannot change the rule set and power is eliminated at base protocol level. Thats gone with lightning, theyve merely tried to eliminate the purpose of mining and give power to a development team (blockstream) who collect the fees instead of the miners.

Its very difficult for me to understand why blockstream should capitalize on the bitcoin network as a whole, how 8 people control the fate of development when a system is available for miners to compete on an equal playing field.