Peer to peer electronic cash is a global game-changer. It takes centralized power - power over the money we use - and diffuses that power it by giving it back to individuals. The stakes for the future of Bitcoin (BCH) couldn't be higher.
In many ways, this is the central difficulty of Bitcoin Cash: how to have it work over time without being corrupted by flawed humans trying to take advantage of it to gain power over someone else (for whatever reason).
If Bitcoin Cash's governance structure becomes centralized and therefore compromised, peer to peer electronic cash will essentially be a failed experiment. It might be taken over by patents, Liquid, or a few guys who control mining pool hashrate, but whatever the cause is, that's the end of it.
In order to keep this experiment going, we need multiple wallets, many diverse voices, permissionless development and innovation that doesn't cut out others in the process. This is what Bitcoin Core failed at - Blockstream took control and halted all innovation. They created a problem where there wasn't one - the blocksize - and they "solved" it in a way that they could maximize their own future profit (Liquid). Centralization always fails and Blockstream has become a living joke of a company that primarily sells hats for IOUs. New users that look into BTC eventually see that it has had zero new innovation since pre-2013.
We can't let this happen to BCH, but this is exactly what CW/SV is threatening. CW wants to be the only BCH wallet and he wants to introduce a central point of failure in the system, himself.
Bitcoin doesn't need any single person claiming any authority over any specific part and anyone that tells you otherwise is misleading in order to gain power. The Satoshi that wrote the whitepaper would have known better than to try and become a central figurehead of a decentralized system. That is why CW is not the original Satoshi. CW did nothing as Blockstream took over BTC's development. No signed messages, no early coin sells to make a point, nothing to prove anything other than a loud mouth and frequent temper tantrums on twitter.
That's where we're at right now. A person claiming to be Satoshi while also threatening people's savings if they use any wallet but his. Very unbecoming of Satoshi if you ask me. Nobody would follow a person like that to do anything. Nobody would trust a person like that with peer to peer electronic cash.
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source https://www.reddit.com/r/btc/comments/9u9ejf/there_are_always_going_to_be_people_who_are/
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