I listened to that too. This guy forked Bitcoin to make BitcoinCash. As Badlanders would say - it looks like he is trying to seed the narrative by going on Tucker.
The way understand it, the group of people that took over BTC when Satoshi left (supposedly bankers) influenced the stalling of packet size scaling. Transaction packets were suppose to scale up in proportion to the size of the user base but this was stalled. This slowed BTC transactions down greatly. This group instead created the lightning network to solve the transaction rate issue. The lightning network may solve the problem but increases transaction costs as well. And will continue increasing them. Apparently these costs lessen the motivation of miners.
BTC Cash (BCH?) is a redesigned BTC that includes the upscale packet size and is supposedly far superior to BTC with regard to transaction rate.
It seems BTC is now better for wealth storage as where BCH is better as currency for transactions.
tl/dr bankers’ altering motives killed BTC as a currency and now BCH is better as currency.
Edit: FYI, I wrote to G-Money from Badlands about this asking for his thoughts on this since he is a HUGE BTC guy but instead of converse with me he cursed me up and down and told me not to come back.
I recommend you read the Bitcoin Whitepaper and Rogers book Hijacking Bitcoin and you will find what happened and why BCH is the only long term technical solution for peer to peer electronic cash
On DPH wed night they were saying this was shady. The guy was committing bank fraud and knew about being investigated or indicted as far back as 2017. I’ll have to find the timestamp https://rumble.com/v5y70fe-devolution-power-hour-ep.-309-1030-pm-et-.html?e9s=src_v1_blp
I listened to that too. This guy forked Bitcoin to make BitcoinCash. As Badlanders would say - it looks like he is trying to seed the narrative by going on Tucker.
The way understand it, the group of people that took over BTC when Satoshi left (supposedly bankers) influenced the stalling of packet size scaling. Transaction packets were suppose to scale up in proportion to the size of the user base but this was stalled. This slowed BTC transactions down greatly. This group instead created the lightning network to solve the transaction rate issue. The lightning network may solve the problem but increases transaction costs as well. And will continue increasing them. Apparently these costs lessen the motivation of miners.
BTC Cash (BCH?) is a redesigned BTC that includes the upscale packet size and is supposedly far superior to BTC with regard to transaction rate.
It seems BTC is now better for wealth storage as where BCH is better as currency for transactions.
tl/dr bankers’ altering motives killed BTC as a currency and now BCH is better as currency.
Edit: FYI, I wrote to G-Money from Badlands about this asking for his thoughts on this since he is a HUGE BTC guy but instead of converse with me he cursed me up and down and told me not to come back.
Thanks for those comments, There is always so much more to learn about crypto. I just accumulate BTC right now.
I recommend you read the Bitcoin Whitepaper and Rogers book Hijacking Bitcoin and you will find what happened and why BCH is the only long term technical solution for peer to peer electronic cash