A roadmap to busting small blocker myths about Bitcoin
This will be an anchor post for collecting a bunch of myths propagated through Bitcoin's history, about how Bitcoin cannot scale or cannot otherwise work as Satoshi intended.
These myths were successfully used to stall scaling and adoption of Bitcoin, until Bitcoin Cash finally came along (well, came about through the blood, sweat and tears of a lot of the early adopters and proponents of on-chain scaling).
I will be updating the list of myths as this progresses, based on the community's feedback in comment or other information I collect.
BTC has the best developers, all others are inferior
Satoshi intended payment channels (a la Lightning Network) to scale the system
Immutability should be highest priority
1MB blocks already be too large and are harming the network (say the experts)
Blocks need to be kept small to keep the system decentralized
Everybody should be running a full node
Bitcoin needs Segwit to scale
Segwit is needed for the Lightning Network
Lightning Network can easily accommodate all people in the world in reasonable time while keeping blocks small
Bitcoin must first become a Store of Value before becoming a Means of Exchange
Blocks must be kept full to have a working "fee market" to secure the chain
. . .
Please help by adding myths you can think of which I haven't mentioned yet, or good source materials like previous articles about the myths already mentioned by others, in the comments. Better wording for existing myths is also appreciated, if you think you have a better formulation.
You can also greatly help by translating any Mythbusting articles into languages for which no translations are available yet. Please see the translation article for a list of which articles exist in which languages - then you can determine if you can translate something to another language.
Going forward in this series, I'd prefer if we can give each myth a full-length article treatment. There is more than enough material and things to say about each.
While I will be tackling the listed myths myself, I don't want to monopolize the writing effort in any way. Thus I encourage other authors also: take one or several of these myths, and write an article on them.
Positive contributors may receive #MYTHBUSTER 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/ ).
So make sure you are able to obtain an SLP address for yourself (get the Badger Wallet, Crescent Cash wallet or 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 have time to contribute by comments, you can still support BTCfork to get this educational article series written by tipping or better yet, becoming a sponsor of ours on this platform.
It's super easy, and even the smallest amounts will help and are most appreciated!