Oh No

More BCH BS

I don't have anything against Bitcoin Cash and I wish all the success in the world that the people involved with it can get. Any innovations in any crypto ultimately benefit the crypto community as a whole.

But I have to call out the nonsense made up stuff that BCH people have directed at BTC since BTC has outclassed and outperformed BCH

The Bitcoin Cash Fork off of Bitcoin Happened on August 1, 2017, Over 7 years ago and since then Bitcoin has showed its superiority. They were equal at that time and since then BTC has dominated in every way, from its increase in value, to the number of transactions per day it processes, the number of nodes it has, its hashrate, the number of developers it has and the number of new innovations they have created.

At that time there was a lot of arrogance from the BCH people, about how BCH would take over and the opposite has happened. Roger Ver who admitted that the technological details were not his strong area but because of his superior Economic knowledge "Knew" that BCH would be the big winner.

The split came about because of a difference of opinion in the size of the processing blocks. The small block BTC people said that increasing the size of the blocks would result in fewer computers being able to do the processing and more centralization. The big block BCH people said the tradeoff was worth it. The result an increase in size by 50 of memory only resulted in a 30 times increase in speed, not a good increase in scaling, So BCH can now get up to 210 transactions per second which wont cut it in a world where Visa can do 43,000 Transactions per second and BTC and other cryptos have incorporated L2 Networks like lightning which can go past 1,000,000 transactions per second.

So since BCH has failed to live up to its proponents boasts they have taken to just making up crap like BCH is the "True" Bitcoin, whatever that means. They also spread just stupid stuff about Bitcoin like BTC has been handicapped on purpose by a secret cabal that has taken over it and controls it.

First of all anybody who knows anything about the contentious arguments that can take place among developers when changes are proposed just laughs at the idea that Bitcoin Developers just sit around meekly waiting for instructions from their corporate bosses. And despite this if you look at the Github Repositories of The Source Code For BTC and Also BCH you see how Bitcoin BTC dominates there also.

And the creator of Bitcoin, most likely Hal Finney, came up with the idea of 1 Megabyte Transaction Blocks and ten minute separations of new blocks because he wanted to emphasize security and make it resistant to attacks. That accounts for the original 7 to 10 transactions per second speed, not some deliberate attempt to sabotage it.

It has gone well beyond this speed with the incorporation of layer 2 Enhancements like Lightning, Layer 2 and Layer 3 enhancements are already adding new capabilities to many cryptos and will play an important part in enabling even Billions of people to use cryptos at the same time.

Bitcoin BTC has not held anything back, Anybody can try to create a crypto and develop new ideas and it has been around so long and has got so much publicity that it makes new people comfortable with the idea of trying out crypto.

Anybody can get a Bitcoin Backed Debit Card and use it for everyday purchases and more and more people are doing that.

Predictions of the Soon To Be Crash and Burn of Bitcoin have been constant over the last 15 years. The predictors never seem to learn.