First, the link to the video: https://www.youtube.com/watch?v=6ZU_qbA1gyE
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around 2 min mark he shows why he is against ASICs, as he was mining with GPU and when ASICs took over he had to move on to Litecoin, then Vertcoin (both of which are 100% dependent, meaning controlled by Bitcoin Core)
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at 2:39min mark he openly admits that Litecoin and Vertcoin are completely reliant on Bitcoin Core. So much for Charlie Lee being "creator/developer" of Litecoin.
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at 4:00min mark he says they fund 2 Bitcoin Core devs
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at 5:19min mark he openly says they work with/for central banks to create Digital Fiat... yes you read it correctly.
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at 7:25min mark he says how Fees are reason why we need Lightning now (conveniently leaving out the fact that Bitcoin Core did this on purpose, Blockstream CEO Adam Backstabber told everyone to celebrate high fees! He also says that fees should decrease with scale... hello... that is exactly what on-chain scaling does and Bitcoin Cash proves it.
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at 7:43min mark he says BTC payments are way too slow... hello... Bitcoin Core did this on purpose also be destroying 0-conf which worked on BTC flawlessly for years and is working again flawlessly on Bitcoin Cash.
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at 8:00min mark he says fees are still too high.... on BTC yes, not on Bitcoin Cash, an actual, properly working Bitcoin.
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at 8:15min mark he says a blatant lie, he says exchanges hold everyone's coins, which is not correct at all. People chose to hold them there as they trade, I have all my bitcoins (Bitcoin Cash) in my own wallet and no one is holding them for me. His/their idea must be then to have Lightning have everyone's coins not owned by them as in Lightning no one would have them in offline wallets, they would be online 24/07/365 and never offline. Fucking hypocrites.
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at 9:05min mark, so people saying Lightning doesn't need SegWit is incorrect as he admits that Lightning does need SegWit.
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at 9:10min mark, this is very important... term precludes (I had to look it up) means to prevent the presence, existence, or occurrence of; make impossible: and Bitcoin Cash is listed in there, which means existence of Lightning (need for it) requires prevention of existence of Bitcoin Cash... P2P Digital Cash system... which explains again why Bitcoin Core destroyed it in BTC.
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at 10:00min mark he says not only you have to be online to send and receive payment in Lighting, but you have to be online all the time... keeping a watch on the payments... there is no way mass of people are going to be doing this, and if they did, everyone would be in jail of Digital Fiat payment system and everyone would be 100% dependent on central banks... as if they ever get this to work, they will ban paper fiat.. and then everyone is fucked.
There is so much shit in everything these developers are doing... it all stinks heavily on centralisation, and they target ALL crypto to be unusable in their main layer and have everyone be in Lighting... not only will they end up with full control of people's transactions, all LN hubs will be banks and so on, and even if they never make it to exceed number of bitcoins (more than 21 million) they will be able to create new coins at will, therefore infinite inflation will be possible again... Digital Fiat will be a reality.
So much for these "best developers" in the world being decentralised (they are all paid by privately owned corporations and banks) to create Digital Fiat and centralised payment system, the Lightning.
All the pieces are fiting... people still think BTC is decentralised after its usability is destroyed, they tell you to use Litecoin (which is controlled by them also) and the final solution they want everyone to use is, Digital Fiat payment system, the Lightning.
I'm now watching the rest, see if I pick up on more... add if you do (if I miss something)
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source https://www.reddit.com/r/btc/comments/94rrtj/this_video_on_youtube_provides_more_proof_that/
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