Bitcoin used to be the cryptocurrency for dreams, now it turned into an unusable stock.

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Avatar for Alexandro
3 years ago

Bitcoin was created by satoshi in order to decentralize the assets of people and free them from the concept of banks, corrupted governments, and an economy that was working against them. In other words it was a new form of decentralized, and free, currency.

When it first appeared it was tiny, insignificant, extremely cheap, overlooked, then gradually it became a titanic asset for so many people to use and a desirable coin for everyone to possess one day.

With the increased popularity however a huge issue appeared, which was the issue of transaction fees and speed, the crypto-currency stopped being a peer-to peer cash system and it became something that literally could never be used by the majority of people for transactions. With fees that reach a new high of 20 USD.

The cryptocurrency that was created to surpass all the rest of cryptocurrencies, euro, pounds, and dollars respectively ended up being an stock, a stock that people use to stare at charts obsessively waiting to see when the price will drop, rises, forgetting completely about its purpose.

In 2021 the majority of bitcoin users are holders who hope that bitcoin's price will increase and make them rich, or they simply never plan to actually use it.

Meanwhile the loyal supporters of bitcoin either turned to bitcoin-cash (BCH) or decided to use both cryptocurrencies, one for financial reasons, the other for transaction reasons attempting to employ the best from both. The owners of bitcoin (ironically a <<decentralized currency>> has owners) are doing absolutely nothing to solve the scalability issue/ transaction /fees

And with immense amounts of censorship they silence everyone who dares oppose their agenda, in order to keep the cash flowing from their sponsors and hook up more newbies into their day-trading scheme.

Lightingnetwork was created in an attempt to solve that issue, however that didn't go well at all. It was proved recently that it has many issues with the most major one being the issue of privacy (among many others which are huge red flags) And bitcoin continues operating in the exact opposite way for what it was created for.

For that reason me and a team of other developers made Arcane-Corporations, a company that's here purely to try to solve the issues of bitcoin and support the people not the interests of companies, the ones who make the cryptocurrency powerful as it is, the ones who truly worked for it.

We have an open source project where we already implanted lightingnetwork, a bitcoin wallet-extension similar to badger but for bitcoin.

We're planning to improve lighting network and integrate native manage currency protocol, we have a lot of talented people but we're not supported enough by the companies that see us as a threat towards their interests, for that reason we ask for your help so we can help you.

You can find out more in our site here, thank you for your time and attention.

https://www.arcane-corporations.net/

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3 years ago

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