That is not at all how it went down. Watch the video I linked if you want to know what actually happened. It contains evidence of the events that transpired not just imagination.
Bitcoin launched with huge blocks (32MB), then it was set to 1MB to prevent spam. When time came to increase the blocks bad actors came in and crippled the network to make sure it cannot be used as a payment system.
The point is BCH is the real Bitcoin and BTC is a hijacked cripple with a completely altered design. Bankers pumped the BTC price so people would think it is the real Bitcoin which it is not.
There was a hijacking. Bitcoin was created to be peer to peer e-cash and it was on its way to becoming that. Then the hijackers came in and started pushing the digital gold scam. Now BTC is not a currency it is useless aside from some speculative investment with slow and unreliable transactions.
BCH forked away to preserve Bitcoin, not to create a different currency. BCH is actually the real Bitcoin.
Hijacking Bitcoin: by Roger Ver
I have been hearing people mention it but I have not tried it out yet because I kind of get the vibe it is a VC funded hype pump and dump scam, like SOL. They will likely abandon it in 2 years and move on to something new.
Honestly BCH pretty much can do everything for me and has been around a long time, once Kaspa is around for 5-10 years then I will likely try it out.
The goal is still the original Bitcoin plan. Build the best usable blockchain and collect fees from transactions to sustain miners after the block rewards dwindle. We have been delayed pretty badly by the BTC hijacking but there is still time.
This is a great resource to answer many of your questions about BCH.
Definitely not, the blockchain is just a database. There are companies with databases that are 1000 times the size.
Disk space is extremely cheap and it would cost only about $500-$1000 per year to upgrade.
Sounds like you did not read the post and just replied with an emotional reaction.
cross-posted from: https://realbitcoin.cash/post/228766
Makes sense, I think they should cap it even lower. Monerod definitely cannot handle even 90MB blocks today.
The only misconduct was performed by the state. They launched a fake case to get him to shut up about his new book "Hijacking Bitcoin" which exposes the BTC fraud.
Let me spell it out for you. The people in the video are useful idiots who were duped into believing that Bitcoin does not need to scale on chain and some 2nd layer network will take care of it.
This idea was an obvious fraud from day one but it took them 10 years to realize it, meanwhile they destroyed the adoption momentum and utility of Bitcoin.
At the time of this conflict there were intelligent people known as "big blockers" who forked away and started Bitcoin Cash which is the real Bitcoin. Now Bitcoin Cash (BCH) is set to dominate the whole crypto space.
ETH has no future IMO. Once the L2's get popular enough they will just break away and become their own thing leaving ETH behind.
Bitcoin Cash is the future of finance, with fully scalable and instant DeFi experience, all with sub-cent fees.
BCH DEX - https://app.cauldron.quest/tokens
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Good to see them emerge from the dark ages.