What happed to don't trust, verify? Everyone is so happy to trust a company to print tokens with unverified funds to buy #bitcoin as long as their limited amount of bitcoin grows in value. Satoshi did not create #bitcoin to let it be manupulated by a few.
What happened to consensus? Everyone is so happy to follow false and arrogant virtues of a few people to set the narrative for #bitcoin so they can feel important in a group. Satoshi did not create #bitcoin for a narrow minded tribe.
History repeats. Same old fuds are now thrown at #monero. They try to convince people it is an outcast money and only criminal use. They are trying to fool people, but fooling themselves.
According to the Bitmain pre-IPO investor deck, they sold most of their #Bitcoin for #Bcash. At $900/BCH, they've bled half a billion in the last 3 months. If Bitcoin Core devs didn't disclose the Bcash vulnerability, it could've wiped a billion dollars off their balance sheets.
#Bitcoin will indeed be unrepeatable, this is very important to grasp. We will not repeat a situation where a founder leaves without claiming billions, governments to be asleep and all the #toptech talent clustered around one project. Once in a lifetime.
This summer will be remembered for the battle of privacy coins. Winner will join the king #bitcoin to fight for the right to have financial sovereignty with trustless money and permissionless payments.
All #bitcoin forks are essentially different clients for the same functionality. To take a side on btc vs bch is being ignorant and not knowing what this technology is about.
Bitcoin is like the Internet in 1996 - if instead of building websites, everyone just bought up domain names and waited for their prices to moon.
How is the ecosystem supposed to evolve, if nobody is using the tech for its purpose?
Unless HODL turns into SPEDN, Bitcoin is a joke.