You are viewing a single comment's thread from:

RE: Bitcoin Cash gets DarkMarket and LULz from Torrent Site!

in #bitcoin7 years ago

What I don’t get is why Pirate Bay would care. Unless they have a large stake in btc and believe bch threatens it why not accept a bch donation? What is there to gain by mocking potential donors?

Sort:  

To show their loyalty hoping to get more donations from bitcoin diehards

That is if the high fees of btc does not eat much of those donations.

They have a bech32 address :)

Sounds good. How much lower are the fees with a bech32?

Read this post https://steemit.com/bitcoin/@sames/bitcoin-newest-scaling-method-adding-bech32-plus-others
Bech32 can use segwit. So if bech32is segwit enabled and done on 80-90% transactions it would scale bitcoin 2.5 times

Edit: Completely misread you first. I don't see segwit as a solution, not even to the fee issue as such really. Hope it catches on soon though so we can at least move on to the next phase.

Segwit honesty is just a cover for the lightning network not a real scaling solution

Something tells me they sold all their BCH along with others and now they buy into the whole "Roger Ver + Bitmain Scamcoin own the majority of the coins and are just pumping it/trying to destroy Bitcoin" concept.

As if this makes much sense considering how big both of these players stake in Bitcoin Segwit is. If they just wanted more money, they could easily invest in app utility tokens or entirely different industries for much larger profits without endangering their Bitcoins.