RE: RE: What I think makes Bitcoin Bitcoin, and why I think Bitcoin Cash is Bitcoin
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RE: What I think makes Bitcoin Bitcoin, and why I think Bitcoin Cash is Bitcoin

RE: What I think makes Bitcoin Bitcoin, and why I think Bitcoin Cash is Bitcoin

#1 What actually makes Bitcoin Bitcoin?

Limited supply. BCH FAIL! (One more ALT pretending to be money)
Decentralized mining, BCH FAIL!
Decentralized development, BCH FAIL!

#2


So the whitepaper talk about bitcoin being made of metal coins or paper notes? Cash is a product of the fiat based reserve system. It's origin and fundamental have little to be proud of.
This argument is a total distraction and if anything an appeal to authority fallacy. Why would you give a bad semantic point a weight of 5?

#3

Transaction fees are used to protect the network from spam attacks and "Low" is subjective. If your chain is not worth attacking transaction fees are most likely to forever stay low.

#4

Block-time are the exact same on both chains.

#5

BCH is by no mean more reliable than BTC, It has less proof of work and is thus less secure, It will also be more exposed to volatility as a result of being an alt-coin with much lower liquidity.

#6

BCH sacrificed decentralization for being able to scale from an extremely low tx/s count by 2-8x fold. Segwit IS a more efficient blocksize increase for those willing to use it.

#7

Replace-by-fee flag has always been an opt-in and has the result of delegitimizing any miner Bitcoin miner from favoring a newer high fee transaction over another. Zero confirmation transactions are thus safer and more reliable than on BTC than BCH.

#8

You may be right on that one, but nobody cares about the inner technical semantic when the outcome is the same.
Weight = 0.001

#9

Bitcoin has scripting ability, Op-code were disabled for security reasons, See ETH mutiple fuckups for the reasons.

#10

One Bitmain one vote, Covert ASIC BOOST + Patents

BCH Has not gained any value let alone faster than BTC, It's still worth less than 1 BTC each.

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