Bitcoin Cash Is Terrifying

in #bitcoincash6 years ago (edited)

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Here’s Why They Are Terrified of Bitcoin Cash:

They are afraid because they know they cannot compete on merit.

They must engage in spreading misinformation because they secretly know the truth: People do not WANT a settlement layer controlled by large financial institutions, corporate interests, and government bureaucrats… and they certainly don’t want high fees and slow confirmations.

Transcending these things was the whole POINT of Bitcoin in the first place.

The Fear Runs Deep

I’ll say it again… they are scared.

They are scared because people are finding out that Bitcoin Cash functions the same way as Bitcoin did from 2009–2016, and the current version of Bitcoin Core does not.

They are scared because the feasibility of huge blocks is being scientifically proven and empirically validated.

They are scared because Bitcoin Cash is starting to see everyday use in the real world… even though it is barely a month old.

They are scared because Bitcoin Cash has bright and competent developers that deliver what users want, and who are working on things that are actually useful.

They are scared the next wave of decentralized applications will leave Bitcoin behind in favor of other currencies like Bitcoin Cash.

They are scared that Point-of-Sale applications are being rapidly developed.

They are scared because Bitcoin Cash is the genuine article so they have to resort to desperate attempts to “rebrand it” to remove the Bitcoin name.

They are scared because Bitcoin Cash has arguably the best cryptocurrency community in the world.

They are scared because barely anyone is using their beloved SegWit “scaling solution”.

They are scared because their censorship of r/bitcoin is being catalogued.

…and they are probably scared for a dozen other reasons.