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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
Bitcoin Cash (BCH) brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoin holders as of block 478558 are now owners of Bitcoin Cash. All Bitcoiners are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.
If i am to support BSV as being the real bitcoin, do i have to believe CSW is Satoshi?
I just entered the BSV community for the past few weeks, and i've been looking throught the history of the forks, and the control of ABC in BCH and all that stuff. And i'm pretty convinced BSV is the real bitcoin, maintaining the original vision of Satoshi. But i wondered if there's like, a consensus, in the BSV community that Craig Wright is Satoshi. Like, if i am to support BSV do i have to believe it? I realize that it seems that this is probably what almost 100% of people around here believes.
RogerVer has always said "Bitcoin Cash is the real Bitcoin".
So if Roger has always been saying "Bitcoin Cash is the real Bitcoin"....who on earth is he to say what is Bitcoin Cash? Why can't he just say: "Bitcoin Cash is Bitcoin Cash, and Bitcoin-BCHN is the real Bitcoin"? Why must he always be the one trying to define what these currencies are? I mean in general I like Roger, I think he's super practical and straightforward and generally he's internally consistent. I think he's trying to do the right thing - but I think this is wrong and this is misinformation. It was wrong when he would try to say Bitcoin Cash was the real Bitcoin, and it's wrong now for him to say define what is the "real Bitcoin Cash". It was wrong for him to point to the bitcoin.com donation address as his own donation to BitcoinABC. Do the right thing Roger.
BSV (aka BCHSV) is a fork of a fork, and does not have the longest chain with the most POW. But even if it did, that doesnt change the fact that it is a fork of a fork of the original Bitcoin network. It also arbitrarily changed a slew of original bitcoin features such as shortening the DAA, changing the fundamental script, and introducing contentious protocol changes like Miner ID. So no, BSV is not the real Bitcoin.
2) Is BCHABC the real Bitcoin?
Sometimes (dubiously at best) called "BCH," but not really BCH because it too is a fork of a fork in the sense that its equally just as much of a fork as BSV (BCHSV), BCHABC is heralded as both the real Bitcoin and the real Bitcoin Cash. If it was the real BCH, then it wouldnt have forked away from the original BCH chain (now abandoned) without consensus and then fast-mined a bunch of blocks then checkpointed itself to avoid ever having to face real and lasting consensus. Likewise, BCHABC is also a fork of BCH, and BCH is a fork of Bitcoin, neither of which has or has had the longest chain with the most Proof of Work or the consensus of the Bitcoin community. So no, BCHABC is not the real Bitcoin.
3) Is BTC the real Bitcoin?
The title of the Bitcoin Whitepaper states that Bitcoin is a Peer to Peer cash system, which BTC is not. BTC is unable to be cash or scale as cash for the world because it has an arbitrarily limited blocksize limit which Satoshi Nakamoto (the inventor of Bitcoin) instructed to remove later, and has also installed a slew of protocol changes that fundamentally alter and change the dynamics of Bitcoin (such as RBF, Segwit, and many modifications to the script and the economics of the code). BTC is NOT the Bitcoin project that Satoshi Nakamoto created, and is an imposter chain controlled by the dubious "Bitcoin Core" development group. So no, BTC is not the real Bitcoin.
So Which Chain Is The Real Bitcoin, Then?
The real Bitcoin no longer exists, as the community shattered and split apart into many different forks and altcoins, the majority of the community following a project that does not resemble the original bitcoin in any way whatsoever. The Real Bitcoin is some botched, sad Bitcoin node collecting dust in the house of some disheartened enthusiast, completely absent of its network effect due to the community moving to a corrupted version of Bitcoin or one of the many altcoins created as a result. The Bitcoin experiment failed in many ways. It failed to scale, it failed to govern its protocol, it failed to be distributed, and it failed the test of not forking/splitting.
The mental breakdown of pointedpointything inspired me to do this topic. Why do you care about BSV? Do you guys see BSV as a threat to your bagholding of your favorite shitcoin that nobody cares about? Why do you put so much energy into BSV, “Never interfere with your enemy when he is making a mistake.” Your bag must be heavy AF if you post about hating CSW every single day on this sub. How is Bitcoin BTC better than BSV? BTC is centralized around Blockstream developers and mining is centralized too. LN never delivered anything of interest to the Hodlers and Liquid is a just a big joke. You want to contribute to the Github, You will need to bowdown to Wladimir J. van der Laan first. Ask Gavin. Now let's talk about BAB, this shitcoin is centralized around Amaury, the NPC Extraordinaire benevolant dictator. ABC even allows itself to introduce a 8% tax which goes to an address that they will control. Right now, BAB is centralized around ABC. Good luck for other software to compete with ABC on the ABC chain. BAB is centralized around the same miners as BTC. Now BCHN wants to fork from the "bad guys" but they have no viable governance model. In the future they will complain about the same problem as Amaury: nobody wants to fund the developers. Right now, they seem like everyone loves donating to developers, but it's just a smoke show to pretend they actually care about funding. Also their developer who controls GitRepo is anonymous. Anyone know who Ftrader is? I imagine not, it could very well be someone who has infiltrated the pet project. The protocol is also NOT set in stone so they can do whatever they please, that mean another fork is probably already on the way because muh we need more funding. Those who control BCHN are a bunch of circlejerker mob that took control of the /btc lmao. Do you really trust these guys? I don't. Now let's talk about BSV, the protocol is SET IN STONE. BSV is following the whitepaper. If you want Bitcoin to be considered p2p money or gold, you have to give it a utility first. This is exactly what BSV does with data on the blockchain. Data is the utility. Even though nChain is the one behind BSV, what does that change? The protocol is frozen. Anyone can contribute to BSV, as long as no one touches the protocol, and if someone touches the protocol, BSV is no longer Bitcoin. Remember that BitCoin is heading to the Teranodes. The scaling is real. Without forgetting that BSV have one of the OGs of the OGs: "Dan Connolly (born 1967) is an American computer scientist who was closely involved with the creation of the world-wide web as a member of the World Wide Web Consortium (W3C)." He was not just some random hacker that play with Bitcoin protocol like it was a toy. That's why I support BitCoin Thank you for listening and thx for the laugh ^^
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♥️Newcomers: Remember that Bitcoin SV is the real bitcoin as described in the Whitepaper by Satoshi Nakamoto ♥️
Do not believe lies that BTC and BCH are what the creator planned. Bitcoin SV protocol is set in stone and scales to the whole world. 🚀🚀🚀 " The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime" - Satoshi Nakamoto
Where exactly did they say that MicroStrategy bought REAL Bitcoin ?
I'm in this space for a long time and I know many articles have bait titles or are outright lies. I've read a couple articles, but I couldn't find anywhere a quote from a representative of MicroStrategy where they claim they bought REAL Bitcoin and by that I mean Bitcoin on their own wallet where they control the private key. Just like in the Paul Tudor Jones, where most people thought he really bought bitcoin ( WHICH HE DIDN'T, if you actually read the details ), I have a suspicion that it's the same here. If they don't clearly specify they bought REAL Bitcoin, in 99% of the cases they're just playing on the Crypto derivatives markets and have EXPOSURE to Bitcoin, but they don't actually own any real Bitcoin. So, can someone give the exact quote where a representative of MicroStrategy clearly say they actually own REAL BTC ?
"Pathetically Greg Maxwell has taken to emailing me crying about his Craig Fetish because the world is starting to understand that he is the conman, Craig is Satoshi and BSV is the real Bitcoin and that this is now all headed for courts."
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