Bitwala Withdraws from Segwit2x - Something Fishy?
I'm hoping someone can answer this for me in plain english at some point, I just don't understand why everyone in the Bitcoin core developement team wouldn't want something that is ALready scaled 3 times larger than a 2mb block size upgrade.
https://cointelegraph.com/news/segwit2x-could-be-in-trouble-as-bitwala-becomes-first-signatory-to-renege-on-new-york-agreement
The 8mb that BCC provides should solve this scalability problem for a good amount of time I feel like.
I understand that BCC is a copy of bitcoin and thus less valuable for now, but my question is that if Bitcoin will copy it'self anyway and people will start using the segwit2x Bitcoin with increased block size, isn't that the same thing just less good? Or am I crazy?
Segwit is supposively illegal as well because it will make bitcoin completely anaonmous, no signiture but don't quote me on that. Plus the various "conspiraacy theories about the core developement team having the power to change Bitcoin.
Who knows.
I do know one company has pulled out of the Segwit2x agreement and quite frankly I hope more follow because yes I am not yet a programmer I don't know what's best for bitcoin, but to me... this doesn't sound like it.
This news article just popped up as I was writing this as well:
Let me know what you all think!
Please follow me, @astronautjon, upvote, and resteem! Ay!
I agree with you! And I can see more companies and miners pulling out of segwit2x. According to Roger Ver a small subsection of miners co-opted bitcoin (core) last year and don't see high fees as a problem and don't care about bitcoin being a usable payment solution. Everyone keeps wanting to buy more bitcoin (core) now... I would certainly be watching and waiting to see how things play out first. I keep putting $ into bitcoin cash b/c I only see that going higher.
It seems obvious to me as well, but there are politics with everything that can obscure the right choice. Like I said I myself am not qualified I don't think to determine which exactly is the right choice but I don't know... especially with BCH being more profitable I think holding onto a few at least couldn't hurt. Thank you for the response, following! :)