Thursday, 26 November 2020

Remembering the strange history of Bitcoin and Bitcoin Cash

Courtesy of lying buttcoiner /u/Magick93 that hangs out on /cryptocurrency pretending reality doesn't exist, I figured it was a good time to re-share a couple links detailing the history of /bitcoin, the hostile takeover of BTC, and the origins of Bitcoin Cash. If you're new I highly suggest you check it out and draw your own conclusions, though it shouldn't take long to see the low down dirty BS that happened a few years ago that caused the great divide.

The famous whitepaper that started it all - Bitcoin: A Peer to Peer Electronic Cash System

Singularity87's account of the strangeness that is /bitcoin and Core developers takeover

Independent developer Johnathan Toomim details how Bitcoin Cash came to be

Who controls the future controls the past, who controls the past controls the future. Don't let these people re-write history.

BTC was done dirty by well funded special interests beginning around 2014. Bitcoin Core developers crippled BTC and went on to form their own private entities like Blockstream, Chaincode Labs, Lightning Labs, Brink and other miscreant think tanks like Bitcoin Optech and MIT, to profit on solutions they sell to the problem they created themselves that left BTC hamstrung by low performance and high fees that have relegated it to an inert purely speculative mass that just lives on centralized exchanges now, far from the original premise and architecture that only BCH carries on today as the last gasp of Satoshi's Original Recipe Bitcoin.

If you're an old timer like me that has some other interesting tidbits from the past to share, please do

submitted by /u/spaced_drakarde
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source https://www.reddit.com/r/btc/comments/k15frl/remembering_the_strange_history_of_bitcoin_and/

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