What August 1, 2017 represents for BCH

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Written by
3 years ago

Saturday, July 11th, 2020

The other day, I finally watched the acclaimed musical Hamilton for the first time. I wish I'd been able to see it in person because even while watching at home on my TV I couldn't help but be amazed at all the hard work that must have gone into creating this show. The hours spent on writing the music and the choreography, on memorizing every line and movement so it could be performed flawlessly on stage. The entire production served as a reminder of what can be accomplished when people work together toward a common goal.

For those who don't know, Hamilton is a Broadway musical based on the life of Alexander Hamilton, one of the founding fathers of the United States of America.

As I watched the show it was hard not to see certain parallels between the beginnings of the US and the beginnings of Bitcoin Cash. I'm sure I'm not alone in wanting to compare the BTC BCH split with that of Great Britain and the US centuries ago, but there are stark differences between the two situations that need to be acknowledged.

For example, the US declared its independence from Great Britain because they didn't want to be taxed without representation. This ultimately led to the American Revolutionary War. But it's not like the big blockers in the Bitcoin community were ever forced to pay a tax to those who were opposed to raising the block size limit. And it wasn't like Amaury, Jihan, and Haipo had to wage a war to free the big blockers from small blocker tyranny. What they did instead was forked the code, dedicated some hash, and once the first block was mined with the new consensus rules on August 1, 2017, BCH was born.

As we approach the three year anniversary of that day, there has been some talk in the BCH community about whether or not it should be referred to as BCH independence day. No one is saying the date shouldn't be celebrated, but I do think it's important how we frame what it is we're celebrating. If we view 8/1/17 as the day big blockers rebelled against the small blockers and declared their independence, there is a danger of sending a message to outsiders that the BCH project is nothing more than a protest movement against BTC.

Imagine if even after gaining their independence, the founding fathers of the US spent all their time complaining about Great Britain and King George. What if they kept focusing on protesting rather than building, or trying to tell anyone that would listen that the US was the real Great Britain? I doubt they would have been taken seriously if that was the case.

Another way of looking at it would be if your friend's ex-girlfriend kept trying to convince you whenever you saw her that their relationship failed because your friend was crazy while she was this perfect angel. Who are you going to think was the crazy one and the reason it didn't work out?

Unfortunately, this is how some of us within the BCH community have continued to behave three years later. Picture someone who was cheated on in their past and can't move on or maintain a healthy relationship as a result. I have to wonder if that's how other crypto communities view the BCH community, like some damaged person who can't move on from a past transgression.

I'm not pointing fingers at anyone in particular, because I'm as guilty of this as everyone else. But I say it's time for the BCH community to move forward, to stop comparing ourselves to BTC and complaining about what happened before August 1st, 2017.

After winning the war, the founding fathers of the US didn't waste their time talking trash about Great Britain. Instead they focused their energy on building their new nation, and their efforts attracted others who came to see the US as a nation full of enormous potential and opportunity. I believe that is the kind of message the BCH community needs to signal to the rest of the world as well.

So let's use this August 1st to remind ourselves that in order to move forward we must stop dwelling on the past. What's done is done, and the only way BCH is going to succeed is if we keep building and attracting like-minded people to the ecosystem.

To echo what Alexander Hamilton wrote of the US in his introduction to the Federalist Papers, I believe the fate of the BCH community is in many ways one of the most interesting in the history, and if we fail to deliver peer-to-peer electronic cash to the world, it will deserve to be considered as the general misfortune of mankind.

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3 years ago

Comments

BCH is a currency of the future and we deal with The Future..

August 2017 will forever be remembered

$ 0.00
3 years ago

Eh

$ 0.00
3 years ago

This is a pure meritocracy. Whichever coin shows the results will succeed. Right now it looks like it’s BCH which works as electronic peer to peer cash.

$ 0.00
3 years ago

Thanks for this

$ 0.00
3 years ago

So let's use this August 1st to remind ourselves that in order to move forward we must stop dwelling on the past.

+1

$ 0.00
3 years ago

thanks for the article

$ 0.00
3 years ago

I really do not know what I can do to share the adoption of BCH in our community. This could be because it is not yet known in our country. But I am glad to be part of the BCH community.

Now, my goal is to earn 1 BCH by end of year so I just started 2 weeks ago that all I get here on read.cash I do not convert the value to our currency. I just let it sit on my BCH wallet. I am very hopeful that BCH will be a success and there will be more to adopt this type of cryptocurrency.

Nice comparison between BCH and Hamilton. Indeed, let's not dwell on the past. Let's move forward for the success of the community.

$ 0.00
3 years ago

I reminded the musical Hamilton thanks to you 😌 The use of digital currency is becoming a fashion. I'm pretty sure that BCH will have a nice portion in the pie even with its current developed level :)

$ 0.00
3 years ago

Are there still bitcoin cashers who consider BCH the legitimate continuation of bitcoin? ?

$ 0.00
3 years ago

Are there still BTCers that consider BTC the legitimate continuation of "Bitcoin: A Peer-to-Peer Electronic Cash System?"

$ 0.00
3 years ago

All of them.

$ 0.00
3 years ago

Long paragraph, but in the end I read it, and although I am reluctant to this type of reading, what is done is done.

$ 0.00
3 years ago

Very hard for me and others that I know to accept that BCH lost to BTC and is not bitcoin anymore.

This was not the narrative when we split.

Now what you are saying is BCH becomes just another altcoin among thousands.

When will articles come out about dropping the "Bitcoin" from Bitcoin Cash?

$ 0.00
3 years ago

Right on. Let's focus on what we're building and trying to accomplish, not the wrongs of the past.

$ 0.10
3 years ago

Nice sir.

$ 0.00
3 years ago

August 1 is a birthday of BCH. BCHFORTHEFUTURE

$ 0.00
3 years ago

Really enjoy your writing! You seem very genuine.

"As we approach the three year anniversary of that day, there has been some talk in the BCH community about whether or not it should be referred to as BCH independence day. No one is saying the date shouldn't be celebrated, but I do think it's important how we frame what it is we're celebrating."

Agreed. It is less about "revolutionary independence" and more about "significant rebirth".

"Imagine if even after gaining their independence, the founding fathers of the US spent all their time complaining about Great Britain and King George. What if they kept focusing on protesting rather than building, or trying to tell anyone that would listen that the US was the real Great Britain? I doubt they would have been taken seriously if that was the case."

This feels like you're trying to highlight a certain view within the BCH community, but the analogy you set up isn't the best. You can still champion independence without sitting idly with your frustration. If you went back to the time of the founding fathers, i'm sure they talked a lot about their new independence, but from a place of reinforcing their vision for the future and how they plan to make what was at hand better. Comparing yourself to the past is not bad as long as it doesn't impact your ability to move forward in the future. Oftentimes, its part of the process.

And some food for thought- when you say "or trying to tell anyone that would listen that the US was the real Great Britain", have you thought about this argument in its entirety? Sure, I agree that this shouldn't consume BCHers as a "main talking point" (this leaves them in the past), but it does have merit in terms of understanding the future of the project. If it wasn't, why even still call BCH Bitcoin X? If someone offered to change the name of Bitcoin Cash to "SoundMoney", maybe it would be something to discuss, but you can see that it would have impact on the "psychological roadmap" of the project. It feels like you discreetly imply that carefully considering and reevaluating the past seems to provide no value, a hurdle to "building". I know some people believe this strongly, I'm not as convinced.

I mostly agree with the sentiment of the article, but still think the question of "what is Bitcoin Cash?" can leverage the past fairly and intelligently. And it should. That's the point of BCH.

$ 0.25
3 years ago

Appreciate your thoughtful response. I definitely think there are many ways to look at this, and I mostly just wanted to get people to think about it and to focus more on what BCH can do versus what BTC can’t do. Hopefully we can all agree on that =)

$ 0.00
3 years ago

No doubt. I think your article is relevant and on point, just wanted to stir the pot a bit and offer a slightly different view. (But our aim is much the same)

Keep doing what you're doing. Proactive writing can become another strength of the BCH ecosystem and you're a much needed voice!

$ 0.00
3 years ago

Nice information

$ 0.00
3 years ago

Wow great information

$ 0.00
3 years ago