Bitcoin my old friend

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Written by
2 years ago

Hello everyone, I hope you are doing well, I am discovering this nice site

In 2015, I was young and heard about Bitcoin (Core). At that time, BTC was alone and the alts lived in the shadows. I used it a bit, it was fast with low cost so great. I was too young to buy BTC, no bank account ... anyway, now I have a job, a bank account and things are so different.

A lot of people are watching Bitcoin in 2017, with the Bull Run. A lot of people only come to make money from speculation. This is a major mistake you can make.

Bitcoin is a currency, the money of the Internet. But ... there is a "small" problem.

Bitcoin (Core) is actually not, because the fees are so high and the transaction time can be so long. There are other big issues and to be clear, BTC is no longer the Bitcoin protocol but something that we can call "Segwitcoin" because the developers of BTC changed what Bitcoin was, they changed the protocol. original made by Satoshi Nakamoto, they betrayed the white paper and broke Bitcoin.

We are fortunate to see the original Bitcoin protocol stay with Bitcoin Cash.

Let me explain the simple fact.

Satoshi said that Bitcoin is capable of scaling more than MasterCard or Visa:

[Satoshi Nakamoto]: "The existing Visa credit card network processes around 15 million internet purchases per day globally. Bitcoin can scale much more than that already."

Be clear, the 1MB block size blocks scaling and the scale needs to be on-chain, not off-chain (like Layer 2 Lightning Network).

Clearly, Satoshi Nakamoto has said that the Bitcoin protocol itself is capable of scaling much more than MasterCard or Visa, which means the limitation on scaling is expected to evolve as transactions grow. !

Bitcoin Core is actually a scam. Using Layer 2 ... understand it's not necessary, just change the block size limitation, that's what BCH did.

The implementation of Segwit is a profound change in the protocol of Bitcoin, in fact the white paper is not valid because they have changed what a transaction is, the basis of the protocol. Now, the owner's signature is off-chain not on-chain, it's different.

Well, Bitcoin Cash is the protocol for Bitcoin, which I and some of us knew. So yes, don't use the BTC scam.

BTC cannot be Internet money, cannot be a medium of exchange, it is only a speculative asset. It's sad but it's true.

In some days, I will acquire my firsts BCH and be so happy

I love you Bitcoin, for ever.

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2 years ago

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