You couldn't be more wrong. The Bitmain announcement is GREAT NEWS!!! Bitcoin can now scale on-chain the way it was always envisioned - with larger blocks.

Many of you are new to crypto and bitcoin. I'm not. I was trading bitcoin in 2011. Bitcoin's core development has been bought out by corporate interests and they are trying to choke the amount of transactions by limiting the size of blocks. (Blocks are basically just groups of transactions and the system is set up to create one approx. every ten minutes. By constraining them to 1MB in the code, they have limited the amount of transactions the system can handle so many transactions end up stuck in limbo - very bad). So why are they doing that? Because they have patents for their own payment system they want to build on top of the current bitcoin network. By choking the main chain to only 1MB, they force people off unless they pay the highest fees to get added into a block. The goal is to make it a settlement network for the payment system they have patents on. Rick Falkvinge, another early adopter, has a great article about this: https://falkvinge.net/2017/05/01/blockstream-patents-segwit-makes-pieces-fall-place/.

There is absolutely no reason for SegWit, and it is an even bigger mess of code for what is already messy code. Why then?? Because the bankers trying to take over bitcoin can use it to shoehorn in their second layer system that they have patents on. The company that was created to hijack bitcoin for the bankers is called Blockstream. They were funded by too-big-to-fail corp giant AXA, whose former CEO also happens to also be Chairman of Bilderberg. Gee, wonder how a bunch of people who want to enslave humanity with a one world fiat currency feel about a p2p digital cash system that makes banks irrelevant? But this poster thinks THEIR PLAN is the one that is best for bitcoin???