Think for yourself.

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Avatar for francis105d1
2 years ago

One of the things you must do in the crypto world is to think for yourself, which is because when it comes to investing in crypto, you must use due diligence and make decisions on your own. Otherwise, you get eaten alive because if you cannot think for yourself, others will think for you, and those thinking for you may not have the best interest in your outcomes but rather theirs.

We know that the Bitcoin BTC community suppresses freedom of speech in all their social media accounts where that community has censors with administrator privileges. They do it straightforwardly because they don't want people asking questions that may hurt the price of the whole Bitcoin BTC project button line. If you start complaining about fees, they will direct you to Lightning Network, and if you complain about routing fees and channel opening and closing pretty soon, you will be booted off their platforms. They don't want people to realize that 1MB blocks are lies because the hardware is much cheaper today than ten years ago to run a full node. So to protect the price, they must implement censorship.

Censorship is implemented in many BTC forums because those who hold BTC don't want people finding things that may hurt the project's bottle line. In the case of Bitcoin Cash, I have not yet experienced censorship on websites that promote BCH-like NoiseCash, and read. But make no mistake, both websites are centralized, and if you step out of line, they will censor you. I don't know if speaking positively about Bitcoin Core BTC will grant you a censorship reward or altogether remove your monetization as a way to silence you. At the moment, I don't want to find out that for myself yet. YouTube soft censors you by removing your ad revenue, so make no mistake, websites that give you tips may do the same. I have no proof of this, so it will be just my speculation.

The new toy in town is SmartBCH, and the only point of censorship there is the telegram groups and probably the bridge, which is from a centralized entity at the moment, from CoinFlex. Many of the administrators on the SmartBCH telegram groups are running banning lists, which means if you are banned in one group, you will get banned in all the groups, which could cause censorship down the road very quickly.

SmartBCH is all about tokens, NFTs, and many other tools. Still, if you know there is a list of ban users, you will have to make sure you restrict yourself or self-censor yourself so that your username doesn't get into that list; I am pretty sure that list is only for users that are trouble makers. But eventually, one day, you will ask the wrong question to one of the token channels, and you will be banned across all Smart Bitcoin Cash telegram groups. But those banning lists are needed because many scams run on Telegrams groups. So a better evil to solve another evil. Users with administrator privileges with token channels could ban retaliation for asking the wrong questions. I wonder how many users got prohibited when the centralized bridge CoinFlex went down, and I am sure you shouldn't be asking too many questions about that besides the narrative.

The other part I want is that many tokens are being created on smartBCH daily, and users are not asking the right questions. DeFi led to creating ICOs that were just pumps and dumps, not to mention a nursery for securities that ended up just taking users' funds and never completing anything. And you, as the end-user, don't want to end up just being just another user that got his money lost in another ICO like hype.

Being curious about SmartBCH is a good thing and the first step to thinking for yourself and making your conclusions. Curiosity in you is a good thing, take that curiosity a little further and ask questions and ask lots of questions before putting your hard-earned crypto into a project. And if your questions start to bother others, you should evaluate that project entirely. More importantly, ask the hard questions, and if you get banned from a group after making one of those tricky questions, that could only mean that the group is hiding something they don't wish investors to know. Just because you are hiding something doesn't mean a project is wrong; it only means you must find secrets before investing. Only after you have made your investigation will those secrets reveal a rotten deal or a golden opportunity.

Conclusion

One essential part of the thinking for yourself process is to have all the facts of whatever you wish to obtain and to do that, you must ask questions and always, in the end, only consider your intuition and conclusions first and foremost. Remember, it is your own money, so you will be the one that will have to protect it or waste it. And to end this article, you should even question the article that you are reading right now. I am writing this topic because I think users must be reminded of the title for today's report from time to time. See you around and enjoy your profits.

Think for yourself and grow your stash of satoshis.

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