EPIC: Invest 2h in this, this has it all! Rugpull Radio Ep 71 Special Guest Lt General Kwast on Bitcoin as CounterInsurgency-MIL-CIV Alliance
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Context is important here.
Bitcoin Cash was the brainchild of ANT, the Chinese mining equipment manufacturer. The reason it rubbed so many the wrong way was because of this. I went to the mining conference in Georgia (the country, not the state) back in 2018, and it was embarrassing how hard they were pushing this.
When you have a group that is basically pushing the little guy out of the mining space in favor of large, centralized mining farms, you can imagine that their ideas of what "Satoshi wanted" are going to be rejected by the vast majority.
BSV, the brainchild of the scam artist Craig Wright, also met a similar fate. I have a difficult time when people push propaganda onto those just discovering Bitcoin without having lived through the experience. The fact is BTC survived in its current form with SegWit because it was good enough and because it was being promoted by the guys who were, at least in theory, trying to argue for the original goals of decentralization.
As for not being a competitor to Visa for point of sale transactions, it was never meant to be. It was meant to be a replacement for the banking SWIFT and ACH system. By design Bitcoin requires at least 30 minutes to confirm a transaction. That was a good deal faster than the days it was taking an ACH to clear back in 2009, and even the 24 hours a wire transfer could take. And it was much cheaper as well.
This idea that Bitcoin was supposed to compete in the retail marketplace was something added later by people trying to stretch it into service for something it was never designed to do. That's when we got lightning network and all kinds of alternative crypto currencies with faster confirmation times. Bitcoin remains as a system for large money transfers, not for small retail transactions.
So a lot of what is said above is just propaganda reinterpreted by someone trying to push a particular agenda. It doesn't actually align with what really happened on the ground back in 2017 when all this was going down.
Go read the whitepaper. Go read the BitcoinTalk.org posts. Go back in time and see that Bitcoin was being used to buy pizzas, alpaca socks, Steam credit, Microsoft purchases, Newegg purchases, it was used at physical stores, and many many more. It isn't propoganda. "Bitcoin: A Peer to Peer Electronic Cash System". It wasn't ever meant to be just stonks numbers go up ponzi.
As for AntMiner, the company name is actually Bitmain, not ANT, Jihan Wu was far from the originator of Bitcoin Cash. They were just the biggest miner and ASIC manufacturer around and Jihan backed BCH but has since then distanced himself publicly from Bitcoin Cash. Bitcoin Cash was FORKED off by Amaury Sechet (who later went on to fork eCash from BCH).
Satoshi mentioned that mining operations would trend toward larger more centralized farms but that doesn't stop anyone from mining in the first place. The issue was blockspace...The issue was that big blocks would prevent people from home running a node to validate the ledger.
Go read the Lightning Network's whitepaper, 133MB blocks are stated. Not to mention the centralization that Lightning brings in it's current state.
It was always supposed to be for all kinds of transactions. What you wrote is literally Theymos and Blockstream propoganda, goal shifting, and misinterpretation.
Segwit fails to appropriately scale, RBF fails because it is a horrible replay feature that prevents 0-conf to be safely used, forcing transaction times to take longer for confirmation blocks. And by design, block times average out to 10 minutes, not 30.
What you're arguing for is a coin that was literally hijacked by the CIA and bankers trying to 2.0 the Babylon black money magic system.
TL;DR Bitcoin Cash was the "brainchild" of ANT - Debunked: It was forked off by Bitmain, bitcoin advocates and activists, along with a handful of developers after the failed XT blocksize increase project.
Pushing the little guy out of the mining space - Debunked: It was about the blocksize, miners were always going to trend into larger farms, as Satoshi indicated in a forum post.
BSV bull, CSW was always low hanging fruit, a tool used by people way above him.
SoV vs MoE - Debunked: The very first line in the whitepaper states that bitcoin was to be peer to peer electronic cash. The digital gold narrative came about well after that.
Context is important here.
I agree with everything you say. But not your conclusions. And you didn't debunk anything.
Fair enough. You're free to have a different opinion from my own.