I don’t even know a whole BCH
But of Bitcoin Cash turns out to become the dominant version of Bitcoin, I really wouldn’t mind
Because these guys are actually shipping improvements to Satoshi’s design instead of social engineering to normalize complacency
If they scale it, make it more expressive and capable of delivering all the features that maximalists used to pretend to want, the market participants will notice
The mission is much more important than the tool that accomplishes it. And right now the smartest Bitcoin devs are looking at the toolset that BCH already enabled, thinking of ways to soft fork it to BTC.
However, there’s no consensus for any of that. And at some point, everyone will get fed up and just switch to whatever works best with the smallest amount of tradeoffs.
BTC is trying to normalize banks (no unilateral exit), BCH doubles down on trust minimization via protocol upgrades. There isn’t much of a debate about which one is more cypherpunk. But the question is how will the miners, merchants & exchanges react to a situation where the users switch their preference.
Right now BCH can run a more reliable version of Lightning. It can do better ZK rollups. It can have vaults, drivechains, and all the cool stuff we like to pretend to want at Bitcoin conferences before hitting the consensus wall.
If a switch happens and I must watch it from the sidelines, I won’t have any regrets. I didn’t come here to join the 1% and fly in private jets. I couldn’t care less if my kids will be working class and must grind from the bottom. The greater mission of fixing the money is more important than my investment thesis or personal ambitions.
But of Bitcoin Cash turns out to become the dominant version of Bitcoin, I really wouldn’t mind
Because these guys are actually shipping improvements to Satoshi’s design instead of social engineering to normalize complacency
If they scale it, make it more expressive and capable of delivering all the features that maximalists used to pretend to want, the market participants will notice
The mission is much more important than the tool that accomplishes it. And right now the smartest Bitcoin devs are looking at the toolset that BCH already enabled, thinking of ways to soft fork it to BTC.
However, there’s no consensus for any of that. And at some point, everyone will get fed up and just switch to whatever works best with the smallest amount of tradeoffs.
BTC is trying to normalize banks (no unilateral exit), BCH doubles down on trust minimization via protocol upgrades. There isn’t much of a debate about which one is more cypherpunk. But the question is how will the miners, merchants & exchanges react to a situation where the users switch their preference.
Right now BCH can run a more reliable version of Lightning. It can do better ZK rollups. It can have vaults, drivechains, and all the cool stuff we like to pretend to want at Bitcoin conferences before hitting the consensus wall.
If a switch happens and I must watch it from the sidelines, I won’t have any regrets. I didn’t come here to join the 1% and fly in private jets. I couldn’t care less if my kids will be working class and must grind from the bottom. The greater mission of fixing the money is more important than my investment thesis or personal ambitions.
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