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RE: Why you should question Bitcoin Core and SegWit.

in #bitcoin7 years ago

a) from what I've observed, people are heavily manipulated and don't seem to have their own mind and there is too much censorship and lack of transparency in SegWit and b) Bitcoin Cash is trying to follow the original whitepaper idea while the other side is not. What is wrong with that? SegWit folk are turning Bitcoin into something it is not supposed to be.

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People who are "heavily manipulated" don't make any decisions in Bitcoin. Decisions on what software to run are made only by miners and those who run full nodes. And those are the people who know more about Bitcoin than an average person. Bitcoin has been around for a while and reputations have already been made. In time you will get the hang of it who are the sleazy bastards looking for personal gain even in unethical ways.

Remember your last sentence in a few years. What you don't understand, that trying to decentralize mining is a stupid and pointless effort and in order to try to achieve this Core and co. are selling the BTC as we know it to those we despise. There is nothing we can do to change the fact, that Chinese already "own" Bitcoin. But they have no reason to do anything ridiculous with it, because they already have everything they want, as it might not be the ideal scenario, it is our reality. Better to have Chinese-centralized mining of Bitcoin than have Core and co. decentralized mining Bitcoin that they will sell out to centralized corporations in order to get money and power they are lacking. SegWit is not going to solve anything, probably a notable group of people are going to boycott the 2x part and that's when they will have dug their own graves. Many different people technically involved/interested question if it's even a safe upgrade. Either way -we need bigger blocks, there is no other way (and if there is - it's neither SegWit nor any currently know scaling solution) . How do you suppose things will work when certain groups reject the 2x part?

That's the thing, we don't need bigger blocks, at least not in a near future. So I don't see why wouldn't certain groups reject 2x. And Chinese don't "own" Bitcoin, no one does! Fools who think they can control Bitcoin will only get disappointed.