/biz/ - Business & Finance

>>18939173

Gold: Dentistry. Medicine. Electronics. Computers. Medals. Statues. Jewellery. 5000-year-old world-wide accepted store of value.

BTC: Not only intrinsically worthless, but actually a tool to enslave humanity if it ever gets popular.

>>18936702

There's a reason why the mainstream media loves BTC. The code was neutered early on by Blockstream, an organization backed by banks and financial institutions. When BTC went to $20,000 before, you had $100-dollar transactions and 3-day waiting times; that's why the price promptly crashed to $2500 (87.5%), and has been in limbo for three years. BTC can't support even 0.01% of the world's population without second-layer solutions which track everything you do. Satoshi Nakamoto's original vision has been destroyed. The original devs were either shoved out, or went into voluntary exile, and founded BCH to carry on the original project, which _does_ genuinely allow for decentralized, private, peer-to-peer cash with minimal fees. The BCH community also supports free speech. If you love liberty, support BCH.

https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7

>>18935089
>>18935042

Two assets compared.

BTC: It not only has no use-case, but, if it gets popular, it actually hurts humanity, because the broken code means that all transactions have to be done through third-party second-layer solutions which track and control everything you do.

BCH: Follows the original plan of Satoshi's white-paper. Decentralized peer-to-peer cash. Backed by the original devs. The reason why Bitcoin got popular in the first place, before speculation became the only thing propping up the price.

>>18934497

BTC, in and of itself, can't track you. But, because of flaws in the code, when the price goes even to $20,000, you get 100-dollar fees for transactions, and three-long waiting-times. At that point, in order to use BTC, you then _have_ to go to Blockstream's second-layer and third-party solutions. That's where you get tracked, and that's why the mainstream media loves BTC, and would love nothing more than for it to be adopted en masse.

>>18934497

BTC, in and of itself, can't track you. But when the price goes even to $20,000, you get 100-dollar fees for transactions, and three-long waiting-times. So, in order to use it, you then _have_ to go to Blockstream's second-layer and third-party software to get anything done. That's where you get tracked