As a newcomer to the space It's obvious to me that Bitcoin Legacy was forced to split by the powers that be in order to hijack the Bitcoin brand for themselves to transact soley on their own terms. I have a fair sized percentage of a BTC and can no longer transact with it whether using lightening or on chain. Closing channels eventually deduct a sizeable amount of my bitcoin percentage.
The retail market will eventually be utterly priced out of BTC and thats exactly what they want. When Bitcoin was all inclusive these same supporters shunned it any chance they had and now that all their cronies have the majority of stake in it, they are pushing for the world to adopt it. Knowing that it is impossible for the poor to self custody and transact their portion.
This revelation shows the disgusting nature of the 1%. To hear that snake Michael Saylor preach about buying and holding bitcoin to leverage against loans. Is that what bitcoin was built for? to sit in custody and use it as an asset to pull out a loan? Don't get tempted by Bitcoin Corp to keep feeding their ponzi. They're using it to keep their dying derivative system afloat.
BTCs price will keep rising and onchain fees will also follow suit so that the big institutions, banks and corrupt Governments can all transact with each other. They never wanted to use the same highways as the common man so they bullied them off of a highway that was ironically created by a common man.
When you read this realize that Bitcoin Legacy is Bitcoin as Cash. Bitcoin Cash continues the mission. Not Decred, Monero, Digibyte, Bitcoin ABC, Bitcoin Sv, or litecoin continue this legacy mission of being all inclusive and balanced. Do not be tempted. If it has segwit move away. If it is not transparent at its core move away. If it isn't low fee transactable move away. If it doesn't have the ability of common folk to atleast try to lottery mine in relation to the average balanced technological improvements move away. If it uses a system that you must be online and dependent on wstch towers or others to custody your coins MOVE AWAY. If it has a staking system where the rich get richer without effort (actual innovation and competition) MOVE AWAY.
Nano is also another wolf in sheeps clothing. Do not support pre minted coins whole heartedly there should be no monopoly on the creation of money. Mining allows other countries, specifically developing countries to take part and not be dependent on the money supply of rich nations.
To sum up my rant. All that glitters is not Gold. Those who want to truly change the world for good and are not bent on getting rich I hope this message reaches you. Support Bitcoin Electronic Peer to Peer Cash BCH and let us liberate and bank the unbanked as Satoshi envisioned.
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source https://www.reddit.com/r/btc/comments/lfphce/bitcoin_cash_bitcoin_corp_was_all_planned/
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