We hear the word often enough. “Utility”. Early Bitcoin adopters, and particularly those inclined towards on-chain scalability (big-blockers) will throw this term around whenever making an argument for bigger blocks.
Whether Bitcoin Cash, Segwit2x, or Bitcoin Core – all have one thing in common. They share a common seed from the 3rd of January 2009.
Barry Silbert sought to bring two sides of the fence together, to find a resolution to the Bitcoin scaling debate.
Amidst significant use in darknet markets and a hardfork upgrade, Monero had incredible success mid-last year, as it sky-rocketed in price.
Bitcoin Cash has got off to a good start, yes, there’s been ups and downs (literally) and Bitcoin is at a record high.
What Core think, and what Core and Blockstream want you to think and believe, are two entirely separate things.
A recent statement from U.S. Securities and Exchange Commission (SEC) said that alt coins are a distraction we can no longer tolerate.
Bitcoin as a P2P money system is in direct competition with MasterCard, VISA, Paypal, Western Union and the rest.
You would think the Bitcoin community would calm down these days, as the year-long Blocksize-fight reaches its final stage.
The community has seen this & now that it truly is in the best interest of the community, and Bitcoin, that the two sides finally split.