/biz/ - Business & Finance

>>18962731

BTC is a scam.

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

https://www.youtube.com/watch?v=UYHFrf5ci_g

>>18937884

https://medium.com/scalar-capital/the-bitcoin-cash-story-e55b277491f9

https://medium.com/@johnblocke/a-brief-and-incomplete-history-of-censorship-in-r-bitcoin-c85a290fe43

https://medium.com/@jonaldfyookball/12-reasons-bitcoin-cash-is-the-real-bitcoin-8d5547988374

https://medium.com/@johnblocke/r-bitcoin-censorship-revisited-58d5b1bdcd64

https://www.youtube.com/watch?v=UYHFrf5ci_g

>>18934059

BCH and XMR are decentralized and can topple a potential FedCoin. But BTC _is_ the FedCoin. BTC was captured by banks and financial institutions early, and crippled in its code. It can only service 0.01% of the world-population without cumbrous second-layer solutions which obliterate privacy and track everything you do.

>>18932344
>>18932255
>>18932345
>>18932393
>>18932418
>>18932450
>>18932491
>>18932698
>>18932725

You do realize that once the big investors find out that BTC is a scam coin, it's people holding intrinsically valuable crypto who will make the big gains, once all that capital rushes out? 97% drop for BTC, 3700% gains for XMR and BCH.

>>18932075

>When will you bainlets realize that use case doesn't matter?
>Do you think the price of gold is just its instrinsic value?

Do you realize that your two statements just contradicted themselves? Gold is a store of value precisely because it does have intrinsic worth. It is possible for good crypto (like XMR or BCH) to have intrinsic worth, because it does certain things that gold doesn't do, but BTC does absolutely nothing. It can't be used as a medium of exchange without resorting to third-party and second-layer clunkware, and even with the LN it can only service 0.01% of the world population. It is impossible for it to reach mass adoption, and even partial adoption means losing all privacy and autonomy over your money. In other words, BTC is no better than a bank account.

>>18915393

It's going to be enormously painful when the exodus to BCH begins, and BTC holders lose 97% of their investment.

>>18909559

Switch the Bitcoin Cash number with the Bitcoin number, and set Bitcoin SV to zero, and you have a more accurate assessment of the future.

>>18906972

At a price of $1 million, fees for transacting in BTC would be one hundred times what they are today. Even when the price was $20,000 we had $100 fees and three-day waiting times.

>>18901899

BCH follows the original Bitcoin plan, has the original devs and community, and supports decentralization and free speech. Buy BCH.

Crypto is definitely going into a bull market soon, but, when people realize that BTC is a scam coin, which they will when the $100 transaction fees come back, BTC and BCH prices are going to swap places. BCH-holders will get a 3577% increase on their investment, BTC-holders will suffer a 97% decrease.

>>18891779

Crypto definitely does have intrinsic value, it's just that, in 2017, with the $50 transaction fees and 3-day waiting times, people realized that BTC was a scam coin. The whales, knowing this too, dumped everything. They will happily do the same this time, once the Youtube moonboys have pumped the price back to $10,000.