Why Bitcoin Gold Is The Future And Bitcoin Cash Is DUMB

in #bitcoin7 years ago (edited)

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Don't believe the Bitcoin Cash lies. There are 2 outcomes from this whole Bitcoin mess. Lets explain the current situation.

Bitcoin was created many years ago and is incredibly out-of-date compared to traditional currencies such as Litecoin. The Bitcoin blockchain has several scalability issues along with a range of mining issues. There are too many issues to count with the original version of Bitcoin. Of course, it works, but not to a satisfactory standard.

And then came Bitcoin Cash. Bitcoin Cash solved the scaling issues whilst also being a fork of the Bitcoin blockchain. So it acted in the EXACT same fashion, but could potentially meet the transaction demand and be the future of Bitcoin. And then we had the whole disagreement between people who argued that the legacy Bitcoin has already been implemented everywhere that trying to push this new coin would put the community back years of hard work in promoting the coin and this would only complicate matters further. Others saw it as a necessary change which needed to be bared in order to improve Bitcoin going ahead.

However, we are now introducing Bitcoin Gold. This too, solves the scalability issues of Bitcoin (same as Bitcoin Cash), but also solves the range of mining issues. Bitcoin Gold can be mined using a GPU and this fixes all possible decentralization worries that have haunted the mining community for the past few months.

So, either we stick with the legacy "good ol' fashioned" Bitcoin, which has been adopted by several sites as a valid payment method - OR we choose Bitcoin Gold.

There is ABSOLUTELY no reason to choose Bitcoin Cash as it is inferior to Bitcoin Gold in everyway. So, if the future doesn't lie with Bitcoin, then it lies with the next best fork. And that certainly will not, EVER, be Bitcoin Cash.