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Bitcoin Cash is a different, suggestively named currency (it’s not Bitcoin) that was bootstrapped by copying Bitcoin’s blockchain.
by psyc 9y ago
Bitcoin Cash is a different, suggestively named currency (it’s not Bitcoin) that was bootstrapped by copying Bitcoin’s blockchain.
- slindz 9y agoBitcoin Cash was born out of necessity to save Bitcoin from disaster when it was hijacked by corporate interests (funded by AXA/Mastercard). Both sides of the SegWit fork (SegWit1X vs. 2X) ~Nov. 16) are intentionally crippling transaction speeds/costs to move transactions off the blockchain and into the pockets of said corporate interests. The true spirit and potential of Bitcoin lives on through Bitcoin Cash.
- psyc 9y agoThat could be entirely true (and I believe there are several alts that are technically superior to BTC), however if a friend asks me for Bitcoin, I am not going to tell him to install a BCH wallet, send him BCH, and tell him not to worry about it because it's Bitcoin in spirit and it's going to be great.