/biz/ - Business & Finance

The Satoshi white paper explains Bitcoin is intended to be a “peer-to-peer electronic cash system” that makes Internet commerce payments more cost efficient, including for “small casual transactions.”

Despite the clear intent of Bitcoin’s creator to scale the network and establish it as more efficient infrastructure for online payments, the Bitcoin Core protocol developers who assumed control of the Bitcoin project rejected scaling – limiting on-chain capacity to a maximum of 7 transactions per second, driving transaction fees sky-high; so now BTC is promoted as “digital gold” and a “store of value” reserve asset, rather than as the system of peer-to-peer electronic cash for daily use envisioned by Satoshi. The BTC network further strayed with the introduction of Segregated Witness (SegWit) which is a FORK!
Don't believe me ?
https://bitcoincore.org/en/2016/01/26/segwit-benefits/
https://archive.vn/OgiT2

Bitcoin SV has almost entirely restored Satoshi’s Bitcoin protocol, with no default limit on the size of the blocks on its blockchain and thus its transaction capacity. It also restored many of Satoshi’s original technical functions—such as removing artificial limits on the size and capabilities of transactions, and restoring the full original functionality of Bitcoin Script (the programming language used within the Bitcoin protocol). With unbounded scaling, transaction fees remain minimal and predictable—the median transaction fee on the Bitcoin SV network in 2020 was generally less than 1/100 of a U.S. cent.

Read the original website and particularly Bullet 3
https://web.archive.org/web/20101118005539/http://www.bitcoin.org/
https://archive.vn/H9mjh
'Bitcoin transactions are practically free'

Bitcoin SV is doing a great thing for the block-space.
Bitcoin IS supposed to be peer-to-peer electronic cash and NOT digital gold.
Bitcoin SV has 4GB Block sizes moving all day long on the chain and 18,000 transaction per seconds
https://bitcoinscaling.io/stats