/biz/ - Business & Finance

Bitcoin Core is purposely delaying its development after the elites placed their minions in charge of it around 4 years ago. This is why Vitalik and a nearly every other developer left.

They did this to accumulate more and buy time for themselves to figure out what the hell to do with crypto currencies in general and better understand it to control it. This is what globalists do with just about everything.

Unfortunately for them Satoshi made it open source and everyone can just make their own coin. This really accelerates things, they can't delay it for 50 years like they did with the internet or with cell phones. The cat is out of the bag. They are pretty much fucked and there will never ever be a time like this again.

Bitcoin Core is purposely delaying its development after the elites placed their minions in charge of it around 4 years ago. This is why Vitalik and a nearly every other developer left.

They did this to accumulate more and buy time for themselves to figure out what the hell to do with crypto currencies in general and better understand it to control it. This is what globalists do with just about everything.

Unfortunately for them Satoshi made it open source and everyone can just make their own coin. This really accelerates things, they can't delay it for 50 years like they did with the internet or with cell phones. The cat is out of the bag. They are pretty much fucked and there will never ever be a time like this again.

1. Roger Ver is basically a billionaire. He invested in hundreds of bitcoin startups since 2011, one of which is Bitpay which even 4chan uses. Once Bitpay uses Bitcoin Cash, more merchants will start to adopt it. So far 0 ACTUAL bitcoin payment processors with any weight in the market has proposed using the buggy lightning network.

2. Roger is friends with Bitmain, which is a gigantic company which sells millions of asics a year. If they were matched up against the big top PC manufactures, they would easily make the top 5. Bitmain does not support Segwit and neither do its miners. Bitmain also sells their asics to ANYONE, and they sell them fairly and sometimes limit the amount a single person can buy to help the network, unlike its competitors.

3. Bitmain is the exclusive seller of asics as of right now, and will be for the next year or so. Competitors are having a hard time competing, mainly because Bitmain has total lockdown of manufacturing of the Chinese mainland. If you want to buy a miner, you need to use Bitcoin Cash, although sometimes they accept bank wires but that takes a few days and has a fee attached to it.

4. Blockstream has received only $75 million in funding, and has so far in the last 4 years has only produced a half-assed solution to their problem that's buggy and doesn't even work. IT'S NOT EVEN DECENTRALIZED!

5. Exchanges will be slow the accept segwit, which only adds 5% more transactions. This, is a complete joke and we will be back to full blocks again with congested wait times on confirmations. Exchanges will absolutely never support lightning, mainly due to security reasons. Why do you think they require you to go through 15+ confirmations before releasing your funds? You do realize there's such a thing as a 51% attack?

Core supporters idea of success.

See chart