Imagine how you would feel....

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4 years ago
In community: Bitcoin Cash(e11c)

Imagine how you would feel if Adam Back of Blockstream suddenly announced that he was going to take 8% of all new BTC created on the network to fund infrastructure for Bitcoin.

That is how you should also feel about Amaury of ABC's plan that he is going to take 8% of all new BCH created on the network to fund infrastructure for Bitcoin Cash.

If you don't feel the same way about two different people doing the same thing, you are letting personalities get in the way of principles.

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Avatar for RogerVer
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4 years ago
In community: Bitcoin Cash(e11c)

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I wonder how it really is when someone is going to take 8% of all new BTC created on the network, or at least the same amount of all new BCH created on the network?! 👍 It seems, they should feel themself very cool 👍👍👍

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User's avatar bublpay
2 years ago

Exchilent

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User's avatar Mostakim5
4 years ago

Hypocrisy is wide-spread nowadays, unfortunately. It's good to know that you are a man of principles -- not that I ever doubted that for one second. 👍

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User's avatar MoreGainStrategies
3 years ago

Stop acting like low class people. I piss on you ver. Get over it. ABC has already won without firing a shot.

Go play with your self and think about how Toomim smells.

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User's avatar eriksmith
4 years ago

Hello. Sir, this speach are quite impressive.Can I translate the speach into Bengali?

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User's avatar hasan67
4 years ago

Hello.Sir,RogerVer, will you allow me to translate this article into Bengali ??

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User's avatar Asif178
4 years ago

Please do!

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User's avatar RogerVer
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4 years ago

Sir, @RogerVer,I never thought you would allow me to translate your post in Bengali. And I never thought you would give me such a surprise. Thank you so much sir for giving me the opportunity. Sir, I don't know if my comment will catch your eye. Maybe everyone's comment will be lost invisibly. Then again I want to thank you so much sir @RogerVer.I am translating your post in Bengali below-

আপনি কীভাবে অনুভব করবেন তা ভাবুন যদি হঠাৎ ব্লকস্ট্রিমের অ্যাডাম ব্যাক ঘোষণা করে যে তিনি বিটকয়েনের অবকাঠামো তহবিলের জন্য নেটওয়ার্কে তৈরি করা সমস্ত নতুন বিটিসির 8% গ্রহণ করবেন।

এইভাবে আপনার এবিসির পরিকল্পনার আমরি সম্পর্কেও অনুভব করা উচিত যে তিনি বিটকয়েন নগদের জন্য অবকাঠামো তহবিলের জন্য নেটওয়ার্কে তৈরি সমস্ত নতুন বিসিএইচের ৮% গ্রহণ করতে চলেছেন।

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User's avatar Asif178
4 years ago

Thank you!

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User's avatar RogerVer
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4 years ago

It's too funny, because just a few days ago Sal the Agorist was arguing without knowing that it is a NO GO in BCH, that ABC should just get funded by VC's and all of the BCHAzers as well as you have supported this claim, because it sounded so nice.

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User's avatar Koush
4 years ago

It seems, this is not fair for all people who uses btc.

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User's avatar Ms.Write
4 years ago

I know, after reading this comment, maybe you will close my ID. But even then i want to say something. Please think twice before banning my ID. Here in read cash we work for only a few amount of dollars. Those who works here are really unemployed. Yesterday you spammed a lot of people who did not flatter you. Such work of a successful person is not really acceptable.

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User's avatar Rockstar
4 years ago

This is a great idea and best information.Is time we state our stand on the plans of Amaury, That won't feel good.

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User's avatar Nazmulnj
4 years ago

Very informative

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User's avatar Jamshaid.Malick
4 years ago

Is time we state our stand on the plans of Amaury, no need for sentiments anymore. If everyone who loves Bitcoin cash can say no to this plan of fork without being biased in our decision, I think we can win.

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User's avatar Ladyv28
4 years ago

Well maybe it's really not a good idea for us new starter at crypto currency trading, but maybe it's for a better future of the cypto community

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User's avatar ange.villa.20
4 years ago

That's right, I agree it's not about the person, but it's with the same principles. The feeling must be the same, but maybe popularity and background stories may affect on how people will react or feel. But still they have the same principles, the same mind concepts which is not good. It is not good to be greedy and doing things for your own intentions and benefits only.

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User's avatar eommaZel
4 years ago

I live in a country of ex-dictactors and we have learned something from that: if you don't fight for change their will always pretend to be the ones who pull the triggers and make people marionettes, what BCH enthusiasts need to do is to raise up and end that behaviour, crypto is suppose to be of free will not something imperative if Amaury thinks he can grab those 8% from newly generated BCH for IFP then something is wrong!

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User's avatar alberdioni8406
4 years ago

Hi sir. Would you allow to translate this into filipino? Many filipino users are here in readcash. So maybe I can help them to understand this easy

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User's avatar Djgeloremix
4 years ago

that's like stealing others money right?

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User's avatar ringdingding
4 years ago

no it is not.

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User's avatar Koush
4 years ago

Very true! Thanks for posting. Can't wait for this mess to be all over with after he forks

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User's avatar johnwege
4 years ago

Why they are getting much in crypto money? Thay are already wealthy and having a good life they dont need that already..

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User's avatar Kloverztel28
4 years ago

My reaction won't be funny at all. Taking 8% is much, I am even struggling with my earnings

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User's avatar Commycool
4 years ago

Well to translate such a great job.👍👍👍Sir rogerver

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User's avatar rukea31
4 years ago

That won't feel good

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User's avatar Marokite1
4 years ago

It's a matter of principles now

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User's avatar mooontivated
4 years ago

We must see to the future of BCH. Amaury's decision is not acceptable sir. I totally disagree. He is using it for his funding agenda and this is meant for P2P electonic cash. I would feel bad if Amaury's plans come to life. I believe BCHN can make the difference.

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User's avatar Her-bert
4 years ago

Hello sir, my African friends do not understand English sir, please can I translate this into my local language?

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User's avatar Her-bert
4 years ago

Well, this coin will not be BCH, let's he do this fork and give us some free airdrop.

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User's avatar phabulu
4 years ago

yeah, good luck listening to these people, Phabulu.

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User's avatar Koush
4 years ago

This would be ridiculous, 8% is really big enough. I do hope he would change his mind.this will be long process.

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User's avatar thootzy713
4 years ago

Now many wants to translate

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User's avatar Dolatino
4 years ago

why most of the comments are about translating?

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User's avatar El.Vin
4 years ago

Oh. But why the value is Going Down?

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User's avatar alvi
4 years ago

Where can I follow this story from the beginning? I know somethings going on between BCH and ABC but not exactly sure what.

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User's avatar potta
4 years ago

Long story short, Bitcoin ABC's Amaury lack the ability to work well with others and think of himself as a dictator over Bitcoin Cash. From his perspective, he feels that as a dictator, he has the rights to do anything he want to Bitcoin Cash, including taking 8% revenues from every single mined blocks moving forward. This could lead to millions of dollars every year going into his own pocket and of course, the Bitcoin Cash community is not happy with this.

All the main Bitcoin Cash businesses, infrastructure, development tools, software will be using BCHN (instead of ABC). The majority of the community is also supportive of BCHN (instead of ABC). Here are their statements.

https://read.cash/@sha256_88ebd526/bitcoin-cash-bch-november-2020-upgrade-statement-8c743a0d

https://read.cash/@SLP-Foundation/simple-ledger-protocols-joint-statement-regarding-bitcoin-abc-on-bchs-november-2020-upgrade-3ba8d706

https://read.cash/@GeneralProtocols/joint-statement-on-aserti3-2d-algorithm-f98f0a2c

https://read.cash/@asicseer/joint-statement-from-bch-miners-regarding-bitcoin-abc-and-the-november-2020-bch-upgrade-2cbdc38d

https://read.cash/@Bitcoin.com/bitcoincom-recommended-node-implementation-for-bitcoin-cash-prior-to-november-15th-2020-2590d28c

Amaury admitted that he doesn't care about Bitcoin Cash, all he cares about is money for himself.

Source: https://sigma.rcimg.net/images/0/8/d/NilacTheGrim/78e8e314/d6c1d2a752915ab79eb55ceaef399c9d.png

Source: https://sigma.rcimg.net/images/0/8/d/NilacTheGrim/78e8e314/c9b7462d48ece6f00eadb10d0624bb57.png

Amaury also threatens to become Blockstream. Source: https://www.reddit.com/r/btc/comments/i32k7m/dark_secrets_of_the_grasberg_daa/g09umet/

In the last 4 years alone...

Bitcoin ABC has conflicts with BU.

Bitcoin ABC has conflicts with Bitcoin.com

Bitcoin ABC has conflicts with former BCH community (now BSV)

Bitcoin ABC has conflicts with BCHN.

Bitcoin ABC has conflicts with Jonathan Toomin on the DAA.

Bitcoin ABC has conflicts with some of the current BCH builders and supporters.

Bitcoin ABC has conflicts with big investors like Justin Bons Cyber Capital.

Bitcoin ABC has conflicts with someone who donated money to them in the past (eg. Marc De Mesel).

It is quite clear to me that Bitcoin ABC is the reason why BCHBTC price keeps going down.

To achieve what he wants, Amaury has been deliberately preventing other developers from building and making progress in Bitcoin Cash. Source: https://np.reddit.com/r/btc/comments/i32k7m/dark_secrets_of_the_grasberg_daa/g0cknap/

If someone caused your investment to lose money, you still want to reward that person with 8% of the mined blocks? I will not do that. There are very good reasons why all the main Bitcoin Cash businesses, infrastructure, development tools, software, community don't support the IFP from ABC. Let's not reward people who do harm to Bitcoin Cash.

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User's avatar MobTwo
4 years ago

Thank you for this great summary. 💚

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User's avatar MoreGainStrategies
3 years ago

That is crazy! Thanks for clarifying. I don’t know why anyone would want to support ABC in the first place then except for that Amuary guy who wants to pocket money for himself.

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User's avatar potta
4 years ago

I wanted to answer this, but I only t track the details well enough to form opinions, I don't really document them. I think @MobTwo would be a good source to find the story from the beginning, but I'm not sure which beginning you're referring to. He posts on reddit and read.cash, and I was actually originally searching reddit for a post I thought I remembered him making about BCH history, but it 's hard to find comments in reddit (it seems their search engine only looks at posts but not the comments within). Anyway, during my searching, I found he posts here, too, and I skimmed his articles to see what I could find. Here is a recent article of his that is specifically about the current controversy:

https://read.cash/@MobTwo/bch-supporter-my-personal-perspective-about-the-daa-situation-736dc109

If you want history all the way to the conflict in BTC before BCH emerged, then he has a great article for that as well with lots of links to other sources. That article probably continues on into some of the BCH history, but certainly doesn't extend all the way to the most recent conflict. Incidentally, if you want history from the beginning of BCH to now, he's probably still a good resource, but I don't think he has an article like that posted.

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User's avatar The00Dustin
4 years ago

-A chinese mining group annouced a proposal that they will send 10% (or so) of the block reward to developers fund (block tax).

-The group threatened to to orphan the blocks not containing this donation.

-The proposal was rejected by the community and the rest of the miners.

-ABC backed up the plan, added a vote for the tax to the blockchain. The proposal failed once more again.

-Even if the proposal has failed, ABC decided to add the block tax to the source code - this time, to their own address, controlled directly by them.

-Renegade group of ABC developers formed the BCHN node software, which is a fork of ABC without the block tax.

-The community rejected the proposal, and people started to replace the Bitcoin ABC node to Bitcoin Unlimited or BCHN nodes.

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User's avatar Geri
4 years ago

Totally unacceptable , such a coincidence that they do the same thing. 😅

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User's avatar Deve82
4 years ago

Roger, send your articles to a community, otherwise it is not being amplified on the front site.

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User's avatar Geri
4 years ago

There seems to be an error for this. I reported it to the admin.

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User's avatar RogerVer
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4 years ago

Adam would want more than 8%

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User's avatar Calm-down-stupid
4 years ago
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