The ultimate BitcoinCore contradiction: BCore claims that larger blocks will lead to node centralization due to expensive hardware users can't afford, while also believing that users will be willing to pay $50-500 on-chain transaction fees.

BTC transaction fees rise during bull markets. They went as high as $50 per transaction during the last cycle and are expected to go much, much higher next cycle. If you have just a few hundred USD worth of Bitcoin (Core) coins you could potentially find yourself without the ability to use them, or in a situation where most of your coins will be lost due to fees. These lost coins are called "dust".

BTC is also losing market dominance. It's down to 50.8% today and has been slowly decreasing over the past few months. Other cryptocurrency prices are growing faster than BTC's price. BTC has less utility than other cryptocurrencies like Bitcoin Cash which are improving over time through hard forks.

If you're an investor or someone looking to "store value" (Core claims BTC's primary purpose is to store value), which would you prefer: a coin that will increase more and have an extremely low 1 cent transaction fee, or a coin with less growth that is almost guaranteed to have a ridiculously high transaction fee when you try and remove your funds at the top of a bull market.

There is no reason to covet BTC. It's just a ticker symbol. BTC no longer stands for financial freedom like it used to before it was taken over by big-bank money. BTC has centralized development where just a few gatekeepers control the code. Centralized power -> centralized protocol.

submitted by /u/masterD3v
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source https://www.reddit.com/r/btc/comments/b4673h/the_ultimate_bitcoincore_contradiction_bcore/