/biz/ - Business & Finance

>>9869948
It's basic economics. Imagine all those newfags in november/december actually using Bitcoin the way it was intended and not dropping it immediately after having to pay $10 fees and waiting for hours. We'd easily be at $25k minimum. Imagine Steam not dropping support.

>>9535690
I consider a very hazardous rube goldberg machine.
>Locks everyone's funds up in Segwit addresses which can potentially be stolen in a 51% attack where the miners can steal billions instead of just double spend (Just repeating what I heard from Craig)
>Untested and requires users to keep a full node running 24/7 to have funds, "hack me dude" written all over.
>Is objectively 100x more centralized than even some of the bigger shitcoins
>ddos of nodes can lead to bank runs with fees skyrocketing as people try to leave (or get back in), leading to chain death spiral as the coin crashes
>is objectively unintuitive and objectively not Satoshi's intended use of Bitcoin
>literally CAN NOT scale globally for 100 years without a single node running basically everything, meaning either:
>a blocksize increase that shows that the bcashies were right and that blockstream are retarded
>BTC crashing because people realize that its forever been hijacked

Cashies, I'll be honest to say I think we spend too much time dispelling lies from trolls and idiots. Time to promote instead of defend, because this is the most useful cryptocurrency.

Bitcoin Cash is Bitcoin.

>Bitpay merchants, that got Steam to accept Bitcoin, now accept Bitcoin Cash
https://blog.bitpay.com/bitcoin-cash/

>For anyone confident you can pull a double spend on the Bitcoin Cash ledger: ' I'll tell you what, I set up an Amazon giftcard worth $1000,- but you pay the equivalent of $2000,- in Bitcoin Cash. '
https://twitter.com/CRYPTONIZE_IT/status/962997231728103424

>Bitcoin Cash Will Have Its Own Smart Contracts
https://www.letsearnbtc.com/2018/02/25/bitcoin-cash-will-smart-contracts/

>Bitcoin Cash is what I started working on in 2010: a store of value AND means of exchange.
https://twitter.com/gavinandresen/status/929377620000681984?lang=en