Hijacking Bitcoin: The Hidden Story of BTC

It's important to know that the new book "Hijacking Bitcoin" by Roger Ver and Steve Patterson presents a specific viewpoint critical of Bitcoin (BTC). But are they right?

Let's see what are their critics.

Centralization:

The book argues that Bitcoin has strayed from its original vision of a decentralized electronic cash system. Ver believes a small group has taken control, prioritizing BTC as a "store of value" over everyday transactions.

Scalability Issues:

Ver contends that changes made to the Bitcoin protocol limit the number of transactions it can process, making it impractical for daily use. This, they argue, favors Bitcoin Cash (BCH) as a more scalable alternative.

Censorship:

The book criticizes the suppression of discussions about scaling solutions within the Bitcoin community, particularly those advocating for larger block sizes (which BCH utilizes).

BCH as the True Bitcoin

Ver believes Bitcoin Cash (BCH) adheres more closely to Satoshi Nakamoto's original vision for Bitcoin. The book likely positions BCH as the rightful heir to the Bitcoin title, contrasting it with the current state of BTC.

In my opinion, Ver is right and BCH is more valuable than BTC.

Thanks for passing by and reading my article.

Have a great time.

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