Bitcoin is under Attack!
For the past few days bitcoin has been under attack.
A new kind of attack . #RogerVer #BitcoinJudas and his cronies have launched a propaganda war against bitcoin. In this day and age, information or lack of , is power.
The information that will be giving here will be the tools all citizens must use to fight this war.
Bitcoin is decentralized, meaning anyone can run the core software and with said software help and contribute to the network.
It doesn’t matter what kind of computer the person has in order to vote on bitcoin improvement proposals.
The users running very powerful computer can make money off the network by mining but they still get 1 vote when deciding the future of bitcoin.
Roger Ver and a few like him started mining years ago and made lots of money doing it. With that money they bought bigger computers and now warehouses full of these “mining” computers.
They even started selling their special made computer to other miners and made even more money. So much money, they bought bitcoin.com.
[bitcoin.org is the real website of #BitcoinCore]
That wasn’t enough for them, so they decided they wanted to change bitcoin architecture to give them self more money for mining. The bitcoin community voted against it.
These oligarchs of bitcoin then crafted a way to make it a voting system where miners got more votes than regular users. From this idea they created bitcoin cash ( a new crypto coin) a few months ago.
Even though all these big miners switched to mining #Bitcoincash it was not very successful. Small bitcoin miners picked up the slack for bitcoin core and it continued to grow as bitcoin cash remained stagnant.
Until…
A few days ago bitcoin.com (the website these miner own) changed to only accept bitcoin cash along with emphasizing that bitcoin cash was the real bitcoin.
They then hired troll bots (just like russia) to post ads promoting their agenda on facebook,twitter, and reddit. Since the new comers not knowing much about bitcoin have been buying into their scheme and bitcoin has gone down while bitcoin cash has risen.
We can’t let these greedy miners take over what is such a great thing.
A decentralized currency with one vote per person on where it goes next.
Knowledge is power.
Keep investing in the bitcoin community and spread the word on what Roger ver and his friends are doing.
Great post. I've resteemed it and followed!
My biggest problem is with segwit. It makes it so we have to trust miners to not cheat, it makes bitcoin a settlement layer that you add centralized lightning networks on top. Guess who profits from lightning networks, bitcoin core developers. The development of bitcoin is totally centralized by a questionable group. I don't know if BCH is the answer but if not, there are better currencies out there.
This is definitely getting a resteem.
Bitcoin was once a great decentralized contract, but now has been corrupted. This only means the next coin chosen by the public will only be more and more decentralized. it might take a few tries, but I'm confident we will get it right.
It's important for us to not give in to forces more powerful than us, and that we unite against people who try to centralize something that is not meant to bend that way.