2021 road map: Busting small blocker myths about Bitcoin and others ****Lead image by Chris Lawton**** https://unsplash.com/photos/duQ1ulzTJbM This will be the anchor article **to break the myths this year 2021**, there are some myths about how Bitcoin cannot scale or cannot otherwise work as Satoshi intended. https://read.cash/@SofiaCBCH/mythbusting-2021-world-challenge-0e3e462b These myths were successfully used to stall the scaling and adoption of Bitcoin, until Bitcoin Cash present days.(well, came about through the blood, forks, drama and tears of a lot of the early adopters and proponents of free tax on-chain scaling). I will be updating the list of myths as this progresses, based on the community's feedback in comments section. Counterproductive Myths https://read.cash/@btcfork/a-roadmap-to-busting-small-blocker-myths-about-bitcoin-974e624b#counterproductive-myths Bitcoin is a waste of energy resources Increasing blocksize will centralize Bitcoin, because people won't be able to run them on their Raspberry Pis. Bitcoin Cash is politically centralized BTC is more censorship resistant than Bitcoin Cash Cryptocurrencies are used for illegal activities Bigger blocks will inevitably lead to centralization IFP is the best fund option Anyone can make a new Bitcoin The small-block movement was supported by the majority of the Bitcoin community Bitcoin must first become a Store of Value before becoming a Means of Exchange Blocks need to be kept small to keep the system decentralized You can not buy anything with Bitcoin There is no real demand for large blocks. Chivo wallet is better than Bitcoin.com wallet Bitcoin Cash decentralization is a theater SmartBCH is slower than Ethereum Lightning Network is ready for mass adoption Segwit is needed for the Lightning Network Bitcoin can and will be shut down by governments Lightning Network can easily accommodate all people in the world in reasonable time while keeping blocks small Blocks must be kept full to have a working "fee market" to secure the chain BTC is more secure than BCH Bitcoin is too volatile to use as a money Bitcoin can be hacked Flipstarter is a political tool Flipstarter is just for Bitcoin Cash projects Bitcoin has an official website Bitcoin Cash has a reference implementation There is no way how to evaluate the value of bitcoin, unlike evaluating company stocks There is no one in control of BTC There can be only one true Bitcoin, all others are fake ... Collaborating on the mythbusting contest https://read.cash/@btcfork/a-roadmap-to-busting-small-blocker-myths-about-bitcoin-974e624b#collaborating-on-the-mythbusting You can help by adding myths you can think of which I haven't mentioned yet, there is a lot of Myths to debunk in cryptocurrencies ecosystem. Positive contributors may receive ****#MYTHHUNTER**** tokens which are intended as a reward token, and for dividends issued by anyone feeling generous toward the mythbusting effort (using a tool like **https://tools.bitcoin.com/slp-dividend-calculator/** ). https://explorer.bitcoin.com/bch/tx/69d26c81f1199667b29b11a489884f57c5a13e86caf35a42ecead3482b18e9d7 https://simpleledger.info/token/0447e04d2b96e4c6afbe32e528f347e47669b7d8717068cea23ce9e74e07ae5a So make sure you are able to obtain an SLP address for yourself! (get the Bitcoin.com Wallet, Electron Cash SLP edition, all of which support SLP tokens) *Commenting is free on read.cash, and good contributions will be rewarded by myself here, as I see this myth-busting article series as a collaborative writing project to which we (BCH community) can all contribute.* **“If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.” -**Satoshi Nakamoto
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178 comments
Just got here through a post on noise and I love this initiative. I saw many of such myth busting articles here some time ago and never knew it was a contest. Glad to find this now and I will definitely be taking part in this contest. BTW, how many entries can a person make?
It is about quality, not quantity. Elves have the power to reward the best one. Post as many as you want, but please don't spam or copy another articles.
You make me laugh, spamming? Or copying someone else article? Am not new to this space, have been here over a year writing my heart out. I am above such practice of copying someone article. And for spamming, I only ask about the numbers of entry because of the many topics to write about.
Sorry, It is just a suggestion. Take it easy.
My entry for myth busting writing competition. https://read.cash/@Fexonice1/let-burst-the-myth-bitcoin-must-first-become-a-store-of-value-before-a-means-of-exchange-6f0cf34f SPL address simpleledger:qz5408nwp234xd72s5hz9llqusdpz9tz05z6ukn0vu Hello @SofiaCBCH just added my sBCh address here. 0xc0Adae24dF3De996E2EABB775A965e145D57D77B
https://simpleledger.info/#tx/f1ed8ac7e0a4dc1e1054256680ae45c2feda40e7448250cb1c086ea327e8ee5f 5000 MYTH HUNTER sent! Welcome to Myth Busting 2021.
Wow, that's huge. I will keep on busting more myth.
What am I supposed to do with the SPL tokens?
Keep it safe until BCH airdrop. Dec 16
Alright, thanks
Based on your proposal to include new myths, you should include one that many tell me when I try to introduce you to Bitcoin. They tell me that "BTC is a fraud or a pyramid scheme". One scam and they will lose all their money. They always tell me the same thing, so I have to explain everything from scratch. Greetings and I hope you like the proposal. I am writing my article. A hug.
some of my favourite myths: - bitcoin is a commodity - bitcoin is not a productive asset - there is no way how to evaluate the value of bitcoin, unlike evaluating company stocks - there is noone in control of BTC - there can be only one true bitcoin, all others are fake
My entry for the competition: https://read.cash/@Infinity/bitcoin-can-be-hacked-42ba6905 I hope that will please everyone. 🙏 Mi SLP Token in Bitcoin.com wallet simpleledger:qz5dnflj0w3dyhh9dn7rt56ntn9wl4lpsvn4ltq6c2 smartBCH Address: 0xa7973B1Ca2c8dd3aB29C33966379a0672B9535bc
https://simpleledger.info/#tx/a0b8f6dac92f1d1f4c5bb9f4b534dc4e54d0150a264dbe02fc4979d02d1e616b 5000 MYTH HUNTER sent! Welcome to Myth Busting 2021
Thanks! 🙏 I hope you like the article and the way it is written. Try to be different. This means a lot to me. Thank you for the opportunity! I already received it in my wallet. 🙏
Second entry for the competition: https://read.cash/@Fexonice1/bitcoin-lightning-network-is-ready-for-mass-adoption-a-huge-joke-7d975ba2 SPL address simpleledger:qz5408nwp234xd72s5hz9llqusdpz9tz05z6ukn0vu Hope am not going too far with it? I mean can I still make further submission. Hello @SofiaCBCH just added my sBCh address here. 0xc0Adae24dF3De996E2EABB775A965e145D57D77B
Hey! That's great. https://simpleledger.info/#tx/aad7a49d3f2b6725fd4a488fc0bca46dd36af2b76be35c7e24b4eef4a9f21a2c 5000 MYTH HUNTER tokens sent!
New SLP address simpleledger:qqypedh9xreedz8cr4xt7u65kyxv9q55jcc3ceh8sn Hello @SofiaCBCH just added my sBCh address here. 0xc0Adae24dF3De996E2EABB775A965e145D57D77B
thanks! updated.
Hello. This is my second entry for the competition. https://read.cash/@Infinity/bitcoin-is-a-waste-of-energy-resources-f6705bba Thanks for the opportunity. I hope you like it! 🙏 Mi SLP Token in Bitcoin.com wallet simpleledger:qz9kflhz6halkkpl57m4tldd5q0hrstcfs7l03fv9t smartBCH Address: 0xa7973B1Ca2c8dd3aB29C33966379a0672B9535bc
Nice one! Let's go. 5000 MYTH HUNTER tokens sent! https://simpleledger.info/#tx/0bbc75eb5d913a09abbbd3a80e8b97f600ae9a758e74b13662e1a85b255efed7
I already received it in my wallet. Thanks! 🙏
My third entry https://read.cash/@Fexonice1/bitcoin-is-a-store-of-value-509dfe07 SPL address simpleledger:qz5408nwp234xd72s5hz9llqusdpz9tz05z6ukn0vu Hello @SofiaCBCH just added my sBCh address here. 0xc0Adae24dF3De996E2EABB775A965e145D57D77B
5000 MYTH HUNTER sent! https://simpleledger.info/#tx/aa885d6c6b6d5a4b353f1840e9a0e3032f925234d646bcada2bec055673055e9
Hi Fexonice1, Please post a different SLP addres to each entry. I need update this to send votes to each entry. Thanks
Ok, in that case I will send two more different addresses right?
New SLP address simpleledger:qp35qxamc0cp8sejhf8p4kyfugy5fp8jygmkrnez30 Hello @SofiaCBCH just added my sBCh address here. 0xc0Adae24dF3De996E2EABB775A965e145D57D77B
thanks!
Here is my first entry for the myth busting competition. https://read.cash/@Abhay/1-myth-busting-chivo-wallet-is-better-than-bitcoincom-wallet-40b1667a SLP address simpleledger:qrycvpf9ysy4jagrnps4m4ysfkq70sgtkuwq8zw5yh
2500 MYTH HUNTER Tokens sent! https://simpleledger.info/#tx/785147dff8835d3723f8cbe58898cc8c4d11e29e846f38c495a33a679803579f
Thanks 🙏
Here is my writings... https://read.cash/@Cute_Girl/cryptocurrency-is-increasingly-being-used-for-criminal-activity-and-creates-room-for-illicit-finance-7595b725 Slp address simpleledger:qpj3dygkpq4r42lew0dvr5asuek759667vswz8r7ng
2500 MYTH HUNTER Tokens sent! https://simpleledger.info/#tx/1c3c9ae87eec36114cd3a058b7c0438bd1b40b12b931065b841de0935f671798
Hello again. This is my third and last entry for the competition. I don't want to fill it with just articles of mine. Sorry, but the topics are really interesting. I could write about everyone if they allowed me ahah https://read.cash/@Infinity/bitcoin-is-too-volatile-to-use-as-a-money-31a544df Thanks for the opportunity. I hope you like it! 🙏 Mi SLP Token in Bitcoin.com wallet simpleledger:qz2mkn7s0k28res9yacrvhx6fna3xm3xdsf3mysy5v smartBCH Address: 0xa7973B1Ca2c8dd3aB29C33966379a0672B9535bc
2000 MYTH HUNTER tokens sent! https://simpleledger.info/#tx/f005c6a3efa05f0f29d19ba40aa0309582afcb83d1bcc05755def63488a8aca3
Thanks! 🙏 Already in my wallet.
Please post a different SLP addres to each entry, I need to update this to send votes for each entry.
Okay. I'll let you know when I do, friend.
Update. One SLP address for each article. 👌
Ok, Update your articles with new SLP addresses
They are already updated. Thanks!
One more entry https://read.cash/@Fexonice1/bitcoin-can-and-will-be-shut-down-by-government-afb16c45 SPL address simpleledger:qz9p0afnu2mgkcly56fm3ccxnqapksaelve48rjpul Hello @SofiaCBCH just added my sBCh address here. 0xc0Adae24dF3De996E2EABB775A965e145D57D77B
I love this article, well done! 2500 MYTH HUNTER tokens sent! https://simpleledger.info/#tx/a687f6d8431bb229835263037b3a9738d3c21bd8011efa1100dc9adfafb7ea6d
Hi. Here's the link to my first entry. https://read.cash/@Eirolfeam2/bitcoin-cash-is-a-shitcoin-7aa2e041 My SLP Address: simpleledger:qzc2gzyhh80vntdelzw209s2jqxpjjcwkc5g8mkzeh
Nice to see you here, Welcome aboard! 2000 MYTH HUNTER Tokens sent! https://simpleledger.info/#tx/6886b536a0c304c5ee65ca9e37bf7b5ab79e870818f1457f2c65c962bc1d05f0
Here is a PurelyPeer entry RE the funding ("IFP is the best fund option"): https://read.cash/@architect/purelypeer-update-funding-exponential-growth-of-bch-47b90f7d What do you think? EDIT: Oups, almost forgot about the SLP token voting... simpleledger:ppp45p6mkxrcq9yztkdmrzg6vtdw49afegzvcn0xvu (yes, that's a multisig SLP address)
Welcome aboard!2500 MYTH HUNTER Tokens sent. https://simpleledger.info/#tx/cfded7dfa9093f6cf4ae6e1ae200f0536d9c35acee45e5f6ed059066e7486fa4
Thank you for organizing this much needed community initiative!
Hello! This is my entry. https://read.cash/@cooldude/myth-buster-cryptocurrency-is-used-for-illegal-activities-86d458c4 SLP address simpleledger:qzv9pnp0wmgcpkz288nxm3tl55v2kxu8yydlyqpr99
Good to be here once again. https://read.cash/@Fexonice1/myth-bitcoin-must-first-become-a-store-of-value-before-becoming-a-means-of-exchange-2-62d285d2 SPL address simpleledger:qrnzhe7fkgqedvdlatc2xq8l2da3m65mvvd9hh07ek Hello @SofiaCBCH just added my sBCh address here. 0xc0Adae24dF3De996E2EABB775A965e145D57D77B
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