/biz/ - Business & Finance

>>9286490
Cash could indeed kill core. It's not at all a guaranteed thing and would more likely be incidental with bch winning on merit and that being the result, rather than an artificial pump to provoke it prematurely pic related.

>>9285546
Precisely, the truth is they're not even subtle about it, look at their own fucking presentations where they talk about CIA and NSA running lightning nodes, the only reason idiots haven't yet caught on is because they simply haven't been listening and they don't want to understand how utterly fucked they are when the natural conclusion comes to pass pic related.

>>9274152

>>9270069
Because it's the actual vision of peer to peer electronic cash.
Why are people surprised that a product that was an amazing success for nine years on that vision tanks hard when it falls victim to a subversive campaign to turn it into a settlement network for intermediated state controlled fiat, and the regulatory captured traditional finance and banking industry?
In what parallel universe would one ever imagine the proof of work immune system would not kick in to reject that attack?
Why is anyone surprised about any of this stuff in the least? It should be as obvious as the sun by now. Fuck, I'm surrounded by idiots.

>>9263940
And don't forget what that actually means.
Y'know, because of the implication.
Don't be left holding core bags.

>>9262377
Christ you're clueless. No other sha256 coin has ever been executing on the original proven vision for bitcoin, while what used to be bitcoin has been turned into an ICO for a centralised hub and spoke network that is obviously a subversion attempt from the incumbent central banking system.
It is beyond a foregone conclusion where this equilibrium leads. And that will result in the DAA killing the BTC chain.

>>9242366
1) Nothing. Yes, many people could declare BTC a failed project and have the same effect, Mike Hearn for example did exactly that and had exactly that effect, market dipped quite a bit and eventually recovered, Ver declaring BCH failed would do the same thing.
2) Someone who stopped accumulating at 2% of the total supply.
3) You can make money either by having a small amount of high paying customers, or a high amount of small paying customers. BTC is going for the former model, BCH is going for the latter model, because there's no actual reason to value the instrument in the former model, it's just a curiosity limited to impacting a very small fraction of the globe. The original vision was always the latter model, also the block reward doesn't stop for over a hundred years.
4) Adam Back is CEO of blockstream, and is just parroting the party line. Finney died long before BCH ever came to fruition, Szabo is just plain wrong.
5) Because commits that don't compromise the core mission are not a threat to the core mission, and not prevented from merging. Anything that compromises the business interests of blockstream, or the vision of Greg Maxwell, will not get merged into the present BTC codebase, period.
6) It's breaking the nation state's monopoly on money, which can only be done by providing usable money, not limited edition digital collectibles with a transaction throughput adequate only to service a few thousand users, and a paypal 2.0 plastered over the top of it where blockstream charges tolls on all fees and their partners implement the agenda of the central banks on the newly created infrastructure that matches bretton woods from the old world.
7) Peer to peer electronic cash implies both large scale transactions and censorship resistance and reducing trust between parties. False dichotomy is false, and does not become true no matter how many times you thrust it forward insisting it is true.
8) Pic related.

>>9202511
It will only happen by definition when the market actually makes it happen, meaning the market is by definition ready for it.

>>9187320
pic related is why this won't happen btw, or at least not for a long time. With an actually flexible, adaptive chain not hijacked by someone to promote their business interests, it makes more sense for altcoins to be beta tests of good ideas, if they can survive n years and suffer no major catastrophes, then their ideas can be incorporated into the main chain. They're effectively a staging environment for the primary world chain.

>>9156573
The useless shitty one that can't handle 7 tx per second will die horribly.

>>9150951

>>9150348
Dystopian: we're heading for snow crash.
Utopian: we're heading for diamond age.
Status quo somehow snatches a win from jaws of defeat: we're heading for brave new world mixed with 1984 on steroids ala panopticon.

>>9137447
You may have to change yours to survive soon, coreshill.

>>9136871
Bad idea pic related.

>>9136667
And he's right.
And you're a stupid cunt that is best viewed as an argument for compulsory sterilization.
Gas yourself.

>>9133765
See these motherfuckers try to slide? What do you think they don't want you to know?
Could it be pic related?

>>9133616
> Everything is fine nothing is wrong we're all good
Pic related, you are on a burning bridge and you have no fucking idea.

>>9135413
Here's a dollar kid, buy yourself a real blockchain.

>>9134509
Wrong. K-rad eleet script kiddies who think they understand, but don't actually understand blockchains are just stupid.

>>9133328
> The "bank" argument is tired, especially from a coin issued by a bank called Bitmain.
> The bottom line is the currency will be deflationary crypto instead of a government-issued inflationary shitcoin aka the dollar.
You see this is a contradiction right? You're still advocating issuing currency through proof of work, but you're saying issuing currency through proof of work is a mistake. So, one of those perspectives must be wrong.
> The chip cards can be made by anyone, not issued by a bank or a LN hub you're equating to a bank.
As if it matters who makes a pipeline to the bank where they re-implement a centralised bretton woods system using some other token, which they will have control over, and will manipulate all the same.
> If you have a better proposal to bring crypto to mainstream use as a currency, fine,it doesn't have to be LN, but it isn't going to be bcash.
It's going to be Bitcoin (BCH) because BCH is not kiked to all fuck, it's the original vision, it's what has worked fantastically for all these years, and it is what will continue to work, and no matter how much you have a problem with it, it doesn't make a lick's worth of difference pic related, BTC will die and there's nothing you can do about it.
Find another job shill.

>>9130911
Yeah nah get fucked mate.

>>9127466
No, I realise you're stupid and all, but if you read and understand this it's just plain true.