It’s obvious there’s been a lot of political drama in bitcoin cash as of lately. I’ve found it wise to stay out of the politics for the most part. It’s enabled me to keep good working relationships with more people in the space, but aside form that, its also enabled me to keep my focal point in bitcoin cash: Focusing on and promoting user and merchant adoption.
I’m writing this article to share this message with the people involved with bitcoin cash: 1.“No matter what happens to BCH in November, I’m staying with it”, and 2. “I’m not worried about the outcome either”.
Starting with the first statement. Why am I committed to the BCH chain? Simple answer: “I’m in it to promote its adoption, not its politics. Although I do have a preference for one of the node teams to gain the majority hash in November, and it is somewhat important to me, it is not as important to me as sticking with the network effect of bitcoin cash and promoting adoption on it.
What do I want the outcome in November to be? It doesn’t matter. This brings me to my second statement of why I’m not worried about the outcome. I view bitcoin as simply a mechanism that rewards actors on the network for acting in their own interest and seeking profit on it. If you think about it, miners will be the ones most affected by the November hard fork since they will be the ones paying the 8% of the block reward. If they choose to run the client with the IFP in it, then they will bear the brunt of the results of their own actions. It’s on them. Why should I be so worried about what business decisions miners make. It’s their business, not mine.
I’ll conclude here by asking a question. Why are you involved with bitcoin cash? Are you there to mine blocks, develop software, spread adoption, seek profit? Or are you mainly in it to be a part of a political book club?
I plead with the readers of this article: Evaluate the reason/motivation you’re involved with bitcoin. Resolve to stay with bitcoin cash whether the November outcome goes your way or not. Take encouragement if that’s what you have already decided to do.
P.S. As an additional effort to help my BCH friends to move their focus out of the bookclub and on to adoption, I’ve left a small amount of BCH below for the first claimer. Go and onboard someone. Print out some of those bitcoin.com gifts to hand out. Thank you very much.