The Last Bitcoin OGs Escaped BTC Maximalism in 2017

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1 year ago
Topics: Bitcoin, Cash, Bitcoin Cash, BCH, Adoption, ...

The current price of Bitcoin Cash is the direct effect of the two splits in the part of the Bitcoin community that proceeded with scaling and upgrading the code.

Was it egoism that led the two teams that left Bitcoin Cash to proceed with a centralized version of Bitcoin Cash?

Perhaps, it was egoism, but their ulterior motive was money.

Such was also the motive of the small blockers.

Blockstream devs, in correspondence with Wall Street fund managers traded off the revolution for the price to go up.

There wasn't going to be any more "Bitcoin accepted here" or "bank the unbanked" messages.

Bitcoin (BTC) would only remain a privilege for the early adopters and a financial asset for Wall Street to pump (and dump).

The Last Bitcoin OGs Abandoned Bitcoin (BTC) in 2017

Those that remain today in BTC are Blockstream shills, power-hungry devs, and a vast network of spammers and trolls.

Perhaps both Bitcoin Cash splits (BSV and eCash) were orchestrated by those opposing P2P Cash, the BTC maximalists that had already launched an extensive assault on Bitcoin Cash on all frontswith Samson Mow leading an army of BTC trolls (paid troll factories), severely influencing and brainwashing the public opinion for years.

Bitcoin Cash has incredible blockchain developers. Some of the Bitcoin Cash devs are these Bitcoin OGs, involved with Bitcoin since the Satoshi days always applying their skills for P2P Electronic Cash. It has believers, and a large community, although one that should have been larger.

The Bitcoin Cash community contains people that already made vast wealth from their early participation in Bitcoin. Their motives are pure and not speculative.

The only target is this:

Widespread adoption and use of Bitcoin Cash as money.

Most of the Bitcoin OGs quit the field in 2017, although first, they experienced one of the last times Bitcoin achieved an extreme parabolic price action (100x in two years).

Some achieved life-changing wealth, while others stayed with BTC because it was their new job (app developers, news websites, fund managers, promoters, influencers) but not because they believed Bitcoin will achieve global adoption as cash.

The new narrative was "digital gold' and "store of value" without money involved in the equation.

The 2012-2013 investors and users of Bitcoin were not just mere speculators. The overwhelming majority did not follow Blockstream cravings or the ignorance expressed in bitcointalk but either moved on to different projects or quit.

Even the guy that created the hodl meme abandoned BTC and explained why it had failed him.

Most quit Bitcoin by the end of 2017, some started their crypto projects, others went for permanent vacations, and a few with an influencer profile (YouTubers, or large Twitter accounts) look today like they never understood anything or are just paid to keep their shows running.

It is sad because all these people could have made a vast difference but selected to back down instead, and not mess with the angry mob of BTC maximalists.

I relived their stories throughout 2017, as they got me into correctly using Bitcoin and explained the risks, potential, and goals of Bitcoin. Bitcoin was revolutionary, as long as this community had these users that eventually abandoned it sickened by the shenanigans and ignorance of Blockstream devs.

All my contacts from that era quit at the beginning of 2018, and I cut ties with everyone else. The only ones who stayed back were some shady groups of traders, with most of those appearing on Roger's Twitter with accusations and weak arguments.

These OGs watched Andreas Antonopoulos becoming a Blockstream shill after the debate ended, while he previously supported scaling and had promoted the need for both a higher blocksize and layer-2 solutions.

And we watched Blockstream shills later, accusing Andreas of being a scammer after releasing a book on Ethereum.

Confusing? 

Not at all. It was all about the money (fiat) after the blocksize wars ended.

Every BTC supporter is a trader with no respect for any cryptocurrency as money. The correct term should be "Fiat maximalists" instead of Bitcoin maximalists.

By the end of the 2017 bull run, Andreas Tweeted how he owned no BTC, probably in an attempt to induce donations.

Andreas Antonopoulos was the frontman in discussing and promoting Bitcoin since 2012, but he never held his BTC, since he justified he had to pay bills!

Andreas did not trust Bitcoin as much as other evangelists did, which were later shamed by the BTC maximalist crowd for sticking to their position.

The BTC community denounced this post by Roger as shaming Andreas for being poor or a similar confusing approach, which definitely was not the case since Roger clearly explained that Andreas's money wasn't where his mouth was.

The juvenile BTC community reacted like this:

1st: contributed 100 BTC to a wallet Andreas was using on his Twitter profile for donations, effectively making Andreas a millionaire and denouncing Roger's Tweet as public shaming Andreas

2nd: a year later, maximalists denounced Andreas for publishing "Mastering Ethereum" with Tone Vays and a few more influencers in charge of this attack.

And this is what is left in Bitcoin (BTC) today.

Sellouts, money-hungry influencers, power-hungry devs trolling on Reddit and Twitter, focused on increasing the number in the bank accounts while eliminating progress of P2P Cash.

The top influencers will not break their contracts with Blockstream but will be there spamming maximalistic narratives for more years. Blockstream needs useful idiots like Tone Vays and supports them, and every Tone Vays out there knows this is the best they can ever achieve.

  • Cover Photo by " TheDigitalArtist", on Pixabay


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1 year ago
Topics: Bitcoin, Cash, Bitcoin Cash, BCH, Adoption, ...

Comments

I don’t know much about trading and blockchain. But as i know bitcoincash has adopted more. Although i have join in cryptocurrency market after2017, specifically in 2019.

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1 year ago

Who is Bitcoincash fighting? We must not leave him alone. Long Live Bitcoincash Freedom

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1 year ago