SIDE

CointestMod

#Bitcoin Cash Con-Arguments Below is a Bitcoin Cash con-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the cons of BCH? > > **IT’S CENTRALIZED** > > BCH “inherited” BTC’s supply distribution from July 2017 when it was launched but the supply held by large addresses [has become more concentrated over time](https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3) (while BTC is even more decentralized today). > > In 2019, [just two mining pools were able to perform a 51% attack](https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/). And although it was done for a good cause – to stop an unknown miner from exploiting a bug – it can serve as a prove that BCH was centralized already back then. > > ​ > > **THE NARRATIVE IS ON BITCOIN’S SIDE** > > The value of Bitcoin has gone up more than 2,000% since July 2017 while BCH has stayed below its price from July 2017 most of the time, not to mention its [ATH price of $4,355](https://coinmarketcap.com/currencies/bitcoin-cash/) (it's 86% down from ATH as of 31.10.2021). > > Also liquidity and real-world usability of Bitcoin Cash [is nowhere near that of Bitcoin](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). It is clear that the great majority of investors chose Bitcoin after the 2017 hard fork and BCH is seen as an inferior copy. > > ​ > > **IT HAD ITS OWN HARD FORKS** > > People cringe at Internet Computer’s name, but for me, Bitcoin Satoshi Vision (BSV) takes the cake. It’s a hard fork of Bitcoin Cash that took place in late 2018. It has even larger blocks than BCH – [2GB](https://finance.yahoo.com/news/world-record-2-gigabyte-block-130000498.html). > > In 2020, there was another hard fork that produced two new chains- Bitcoin Cash ABC and Bitcoin Node. This shows that Bitcoin Cash has failed not only against Bitcoin, but had splits among its own community, further hurting its credibility. > > ​ > > **IT'S SCALABILITY COMES AT A COST** > > Bigger blocks have certain [disadvantages](https://www.sfox.com/blog/is-bigger-better-how-to-evaluate-bitcoin-cash-based-on-block-size/). Running nodes when the blocks are big requires more resources. Also, the commissions from transaction fees are lower, which makes mining the coin less appealing. This might result in nodes being manageable only by big, private companies, making BCH even more centralized. > > ​ > > **ITS MAIN ADVANTAGE ISN’T UTILIZED…** > > Although BCH’s blocks can handle up to 32MB of data, [they have not reached even 2MB since they were introduced in 2018](https://bitinfocharts.com/comparison/size-btc-bch.html#3y). What's more, their average size is currently much lower than that of Bitcoin’s blocks. > > Taking into consideration the point above about the disadvantages of bigger blocks, it makes you wonder why BCH would push for such big blocks when most of the time they don't even use 3% of their capacity. > > ​ > > **… AND EVEN IF IT WAS, THERE'S LIGHTNING NETWORK** > > [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp) allows second layer solutions to be implemented on Bitcoin. One of those solutions is Lightning Network which has become very popular recently after being [adopted by El Salvador](https://bitcoinmagazine.com/markets/lightning-network-bitcoin-usage-adoption-el-salvador) and [Twitter](https://www.theblockcrypto.com/post/118450/twitter-rolls-out-bitcoin-tipping-for-ios-users-via-lightning-looks-to-nfts-for-the-future). > > Lightning Network effectively eliminates the main advantage of Bitcoin Cash by allowing faster and cheaper transactions with bitcoins. Even if BCH fully utilized its 32MB blocks, it wouldn't be able to compete with Lightening Network. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **SUMMARY** > > Bitcoin Cash is a much worse store of value than Bitcoin and now it is also losing the electronic cash narrative, since the growing adoption of [Lightning Network](https://en.wikipedia.org/wiki/Lightning_Network) makes Bitcoin a much cheaper and faster payment option. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

wsb_noob

> I'm dating a future millionaire. Is that wha STUDY THE CORN, THEN YOU"LL REALIZE YOU DO NOT HAVE ENOUGH CORN. As a maxi, I have strife with people that are not curious to learn about what makes money hard. As a maxi, I don't understand why people are not mad about inflation. As a maxi, if people understand inflation, why are they not 5%, then 10%, then 95%, or heck 120% saving their savings to bitcorn? People that do not understand bitcoin and view it as a risk-on asset need more education. Learn about what is money, what makes money hard, realize why all fiat currencies are doomed to fail, then you can begin your journey into understanding bitcoin. After countless hrs of reading, listening think about money and bitcoin. I see light at the end of the tunnel. Do you? All that said, i don't think this is a bitcoin question. you two need to work it out. A word of non-advice to your BF. Stick to your 100+% btc wealth preservation thesis and keep up the good work listening to the bitcorn only podcasts. THE RABBIT HOLE IS BIG AND DEEP, once you are in, you can't get out. That doesn't mean it is bad for you or bad for your GF, you eventually will climb out FROM THE OTHER SIDE of the hole. The world will seem different, perhaps in some aspects brighter some darker, and you will often wonder why people are not bitcoin curious, and why are other people not leveraged to the tits up in term of their bitcoin allocation. You don't need to waste your energy orange pilling others, as that is just a wated enerage. As many have stated, "Everybody gets Bitcoin at the price they deserve". Work on your health, diet, happiness, relationship and contiue saving your wealth in bitcoin.

McBurger

I'm just hearing The Doors play in my head as I watch this $68k wall get beaten down BREAK ON THRU TO THE OTHER SIDE!

Far-Department-4196

Niagara ? As in Niagara region, ON or Niagara Falls , NY SIDE?

eudezet

I don’t understand people’s obsession with this ghoul. Just because she spits some pro-crypto narratives, doesn’t mean she isn’t an evil hag. She’s a hedge fund shill who voted against market transparency and stricter regulation at every opportunity. Every single vote on anything that would reduce institutional obfuscation was met with a „no”, with reasoning coming down to „it isn’t needed”. Crown jewel of those was „more regulation isn’t needed because regulators should work with the tools they have”. Spoken by a fucking regulator. SHE ISN’T ON YOUR SIDE, PEOPLE. SHE’S USING CRYPTO TO SHIT ON GENSLER SO THAT SHE CAN ULTIMATELY REPLACE HIM AND PUSH SHIT THAT’S BENEFICIAL TO INSTITUTIONS.

Fabs_-

**Ohh darn-diddely-damn it, Daniel!** **TOOK HIM FROM THE FRONT, TOOK HIM FROM THE SIDE AND I'LL BE DARN-DIDDELY-DOOMED IF HE DIDN'T TAKE HIM FROM THE BACK, TOO!!**

Fuzzyfoot12345

Someone said they were disappointed I didn't reply, so here is my reply for better or worse. First, I want to say there is no such thing as an impoverished class, a lower class, a middle class, or an upper middle class. There are only two classes. Those that work for money, and those that live of wealth / the work of others. > When I see right wingers, they want the right to own arms (for everyone, not just themselves) they want lower taxes, they want less government. IOW, they want human freedom. Many of these things are social issues, or missunderstood issues (tax for example, taxes at this point essentially are used to leverage revenue towards debt.) In regards to freedom, if I wanted to be a smarmy bastard I would point out how America has the highest amount of a population incarcerated in the world, and how monopolostic companies spy on your every move, as well as your government. America is arguably the strongest police state / authoratarian society ever known to man. I won't be a smarmy bastard though, and just point out that "freedom" is a word people like to throw around without ever actually defining it. In many cases, "freedom" means increased rights for one segment of a population, and decreased rights for another. Que... Reproductive rights. This is entering some hot potato territory specific to the USA though... I just find it amusing that the loudest proponents of "freedom" also seem the most heavily invested in restricting actions of others. > Leftist ideologies, in general, have a unifying concept that a central government should run things. For example, minimum wage laws, and universal health care plans. This is funded, in general, by theft: the involuntary collection of taxes from the people, and by regulations, which empower corporations to crush small businesses. Minimum wage in the majority of America isn't even enough to survive on. If the all seeing eye of Sauron that is "trickle down economics" is so infallible, and these businesses are so successful, why do full time workers need subsidies like food stamps merely to... stay alive? I think many of your arguments are based on a fundamental missunderstanding of how society in the west is organized, who benefits the most from that organizational structure, and who is cast as the villain (poor people). All of these issues are way larger than buzz words tossed around like "lower taxes", "more freedom", or "less government". Capitalism in essence drives hoarding of wealth, the building of capital, and the more capital one has the easier it is to accumulate more of it while pushing others away. We literally have individual humans riding penis shaped rockets into space ***AS A SIDE HOBBY***, because regulations have been worn down so thin that there is virtually zero barrier to their accumulation of wealth, while the ceiling that working class people need to break through simply to enjoy a modicum of an okay life increasingly becomes harder and harder to break through. There is a working class, and a class that lives off the work of others. > Wage slavery is a direct consequence of socialism: corporations are created by regulatory capture, then workers get reduced wages and then pay taxes on top of their reduce wages to fund government programs which largely benefit the rich. Wage slavery is a direct consequence of a system that rewards the accumulation of capital. The more you have, the easier it becomes to exert your dominance on everything around you (including politics, people, and regulation). There is a sarcastic subreddit called r/latestagecapitalism, it pokes fun at the end game. There was a point in time where governments regulated businesses heavily, and everyone prospered. Under "capitalism" those businesses have slowly gained ever increasing piles of wealth, and used it to chip away at regulations and worker rights. Their pile of dragon gold is growing bigger by the day, and people like you and me are squabbling about the scraps outside of the cave, while arguing about whether we should worship the dragon or not.

BurstOfRainbow

Fellas, THE SEC IS ON THE RIGHT SIDE OF HISTORY— STOP THE HATE. They are building a RICO case against CEX’s and large traditional finance players who are actively using CEX’s/crypto to manipulate ALL financial markets. THIS HAS BEEN ELEVATED TO THE DOJ. FTX, BlockFi, Celsius, Binance, etc are ALL CONNECTED. Something BIG is in play and the “manipulators” are attempting to paint the SEC/DOJ/Gary G as the bad guys. If you take anything from this comment, please tread carefully in the crypto markets.

CointestMod

#Bitcoin Cash Con-Arguments Below is a Bitcoin Cash con-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the cons of BCH? > > **IT’S CENTRALIZED** > > BCH “inherited” BTC’s supply distribution from July 2017 when it was launched but the supply held by large addresses [has become more concentrated over time](https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3) (while BTC is even more decentralized today). > > In 2019, [just two mining pools were able to perform a 51% attack](https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/). And although it was done for a good cause – to stop an unknown miner from exploiting a bug – it can serve as a prove that BCH was centralized already back then. > > ​ > > **THE NARRATIVE IS ON BITCOIN’S SIDE** > > The value of Bitcoin has gone up more than 2,000% since July 2017 while BCH has stayed below its price from July 2017 most of the time, not to mention its [ATH price of $4,355](https://coinmarketcap.com/currencies/bitcoin-cash/) (it's 86% down from ATH as of 31.10.2021). > > Also liquidity and real-world usability of Bitcoin Cash [is nowhere near that of Bitcoin](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). It is clear that the great majority of investors chose Bitcoin after the 2017 hard fork and BCH is seen as an inferior copy. > > ​ > > **IT HAD ITS OWN HARD FORKS** > > People cringe at Internet Computer’s name, but for me, Bitcoin Satoshi Vision (BSV) takes the cake. It’s a hard fork of Bitcoin Cash that took place in late 2018. It has even larger blocks than BCH – [2GB](https://finance.yahoo.com/news/world-record-2-gigabyte-block-130000498.html). > > In 2020, there was another hard fork that produced two new chains- Bitcoin Cash ABC and Bitcoin Node. This shows that Bitcoin Cash has failed not only against Bitcoin, but had splits among its own community, further hurting its credibility. > > ​ > > **IT'S SCALABILITY COMES AT A COST** > > Bigger blocks have certain [disadvantages](https://www.sfox.com/blog/is-bigger-better-how-to-evaluate-bitcoin-cash-based-on-block-size/). Running nodes when the blocks are big requires more resources. Also, the commissions from transaction fees are lower, which makes mining the coin less appealing. This might result in nodes being manageable only by big, private companies, making BCH even more centralized. > > ​ > > **ITS MAIN ADVANTAGE ISN’T UTILIZED…** > > Although BCH’s blocks can handle up to 32MB of data, [they have not reached even 2MB since they were introduced in 2018](https://bitinfocharts.com/comparison/size-btc-bch.html#3y). What's more, their average size is currently much lower than that of Bitcoin’s blocks. > > Taking into consideration the point above about the disadvantages of bigger blocks, it makes you wonder why BCH would push for such big blocks when most of the time they don't even use 3% of their capacity. > > ​ > > **… AND EVEN IF IT WAS, THERE'S LIGHTNING NETWORK** > > [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp) allows second layer solutions to be implemented on Bitcoin. One of those solutions is Lightning Network which has become very popular recently after being [adopted by El Salvador](https://bitcoinmagazine.com/markets/lightning-network-bitcoin-usage-adoption-el-salvador) and [Twitter](https://www.theblockcrypto.com/post/118450/twitter-rolls-out-bitcoin-tipping-for-ios-users-via-lightning-looks-to-nfts-for-the-future). > > Lightning Network effectively eliminates the main advantage of Bitcoin Cash by allowing faster and cheaper transactions with bitcoins. Even if BCH fully utilized its 32MB blocks, it wouldn't be able to compete with Lightening Network. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **SUMMARY** > > Bitcoin Cash is a much worse store of value than Bitcoin and now it is also losing the electronic cash narrative, since the growing adoption of [Lightning Network](https://en.wikipedia.org/wiki/Lightning_Network) makes Bitcoin a much cheaper and faster payment option. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

SetoXlll

Brahhhh I’m in like 6 exchanges and my social security is all over the place. I offer free Arb Nova gas to anyone who needs it from my Reddit Vault. I’m smart and use common sense at all times. People tried to tuck with me by sending me pre-loaded receives and I’m still doing my thing helping out as much as I can. I also live in Las Vegas shout out to my EAST SIDE PEEPS!

pdneves

If Moons moon I will tattoo a moon on my left SIDE of the moon.

CointestMod

#Bitcoin Cash Con-Arguments Below is a Bitcoin Cash con-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the cons of BCH? > > **IT’S CENTRALIZED** > > BCH “inherited” BTC’s supply distribution from July 2017 when it was launched but the supply held by large addresses [has become more concentrated over time](https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3) (while BTC is even more decentralized today). > > In 2019, [just two mining pools were able to perform a 51% attack](https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/). And although it was done for a good cause – to stop an unknown miner from exploiting a bug – it can serve as a prove that BCH was centralized already back then. > > ​ > > **THE NARRATIVE IS ON BITCOIN’S SIDE** > > The value of Bitcoin has gone up more than 2,000% since July 2017 while BCH has stayed below its price from July 2017 most of the time, not to mention its [ATH price of $4,355](https://coinmarketcap.com/currencies/bitcoin-cash/) (it's 86% down from ATH as of 31.10.2021). > > Also liquidity and real-world usability of Bitcoin Cash [is nowhere near that of Bitcoin](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). It is clear that the great majority of investors chose Bitcoin after the 2017 hard fork and BCH is seen as an inferior copy. > > ​ > > **IT HAD ITS OWN HARD FORKS** > > People cringe at Internet Computer’s name, but for me, Bitcoin Satoshi Vision (BSV) takes the cake. It’s a hard fork of Bitcoin Cash that took place in late 2018. It has even larger blocks than BCH – [2GB](https://finance.yahoo.com/news/world-record-2-gigabyte-block-130000498.html). > > In 2020, there was another hard fork that produced two new chains- Bitcoin Cash ABC and Bitcoin Node. This shows that Bitcoin Cash has failed not only against Bitcoin, but had splits among its own community, further hurting its credibility. > > ​ > > **IT'S SCALABILITY COMES AT A COST** > > Bigger blocks have certain [disadvantages](https://www.sfox.com/blog/is-bigger-better-how-to-evaluate-bitcoin-cash-based-on-block-size/). Running nodes when the blocks are big requires more resources. Also, the commissions from transaction fees are lower, which makes mining the coin less appealing. This might result in nodes being manageable only by big, private companies, making BCH even more centralized. > > ​ > > **ITS MAIN ADVANTAGE ISN’T UTILIZED…** > > Although BCH’s blocks can handle up to 32MB of data, [they have not reached even 2MB since they were introduced in 2018](https://bitinfocharts.com/comparison/size-btc-bch.html#3y). What's more, their average size is currently much lower than that of Bitcoin’s blocks. > > Taking into consideration the point above about the disadvantages of bigger blocks, it makes you wonder why BCH would push for such big blocks when most of the time they don't even use 3% of their capacity. > > ​ > > **… AND EVEN IF IT WAS, THERE'S LIGHTNING NETWORK** > > [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp) allows second layer solutions to be implemented on Bitcoin. One of those solutions is Lightning Network which has become very popular recently after being [adopted by El Salvador](https://bitcoinmagazine.com/markets/lightning-network-bitcoin-usage-adoption-el-salvador) and [Twitter](https://www.theblockcrypto.com/post/118450/twitter-rolls-out-bitcoin-tipping-for-ios-users-via-lightning-looks-to-nfts-for-the-future). > > Lightning Network effectively eliminates the main advantage of Bitcoin Cash by allowing faster and cheaper transactions with bitcoins. Even if BCH fully utilized its 32MB blocks, it wouldn't be able to compete with Lightening Network. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **SUMMARY** > > Bitcoin Cash is a much worse store of value than Bitcoin and now it is also losing the electronic cash narrative, since the growing adoption of [Lightning Network](https://en.wikipedia.org/wiki/Lightning_Network) makes Bitcoin a much cheaper and faster payment option. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

CointestMod

#Bitcoin Cash Con-Arguments Below is a Bitcoin Cash con-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the cons of BCH? > > **IT’S CENTRALIZED** > > BCH “inherited” BTC’s supply distribution from July 2017 when it was launched but the supply held by large addresses [has become more concentrated over time](https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3) (while BTC is even more decentralized today). > > In 2019, [just two mining pools were able to perform a 51% attack](https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/). And although it was done for a good cause – to stop an unknown miner from exploiting a bug – it can serve as a prove that BCH was centralized already back then. > > ​ > > **THE NARRATIVE IS ON BITCOIN’S SIDE** > > The value of Bitcoin has gone up more than 2,000% since July 2017 while BCH has stayed below its price from July 2017 most of the time, not to mention its [ATH price of $4,355](https://coinmarketcap.com/currencies/bitcoin-cash/) (it's 86% down from ATH as of 31.10.2021). > > Also liquidity and real-world usability of Bitcoin Cash [is nowhere near that of Bitcoin](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). It is clear that the great majority of investors chose Bitcoin after the 2017 hard fork and BCH is seen as an inferior copy. > > ​ > > **IT HAD ITS OWN HARD FORKS** > > People cringe at Internet Computer’s name, but for me, Bitcoin Satoshi Vision (BSV) takes the cake. It’s a hard fork of Bitcoin Cash that took place in late 2018. It has even larger blocks than BCH – [2GB](https://finance.yahoo.com/news/world-record-2-gigabyte-block-130000498.html). > > In 2020, there was another hard fork that produced two new chains- Bitcoin Cash ABC and Bitcoin Node. This shows that Bitcoin Cash has failed not only against Bitcoin, but had splits among its own community, further hurting its credibility. > > ​ > > **IT'S SCALABILITY COMES AT A COST** > > Bigger blocks have certain [disadvantages](https://www.sfox.com/blog/is-bigger-better-how-to-evaluate-bitcoin-cash-based-on-block-size/). Running nodes when the blocks are big requires more resources. Also, the commissions from transaction fees are lower, which makes mining the coin less appealing. This might result in nodes being manageable only by big, private companies, making BCH even more centralized. > > ​ > > **ITS MAIN ADVANTAGE ISN’T UTILIZED…** > > Although BCH’s blocks can handle up to 32MB of data, [they have not reached even 2MB since they were introduced in 2018](https://bitinfocharts.com/comparison/size-btc-bch.html#3y). What's more, their average size is currently much lower than that of Bitcoin’s blocks. > > Taking into consideration the point above about the disadvantages of bigger blocks, it makes you wonder why BCH would push for such big blocks when most of the time they don't even use 3% of their capacity. > > ​ > > **… AND EVEN IF IT WAS, THERE'S LIGHTNING NETWORK** > > [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp) allows second layer solutions to be implemented on Bitcoin. One of those solutions is Lightning Network which has become very popular recently after being [adopted by El Salvador](https://bitcoinmagazine.com/markets/lightning-network-bitcoin-usage-adoption-el-salvador) and [Twitter](https://www.theblockcrypto.com/post/118450/twitter-rolls-out-bitcoin-tipping-for-ios-users-via-lightning-looks-to-nfts-for-the-future). > > Lightning Network effectively eliminates the main advantage of Bitcoin Cash by allowing faster and cheaper transactions with bitcoins. Even if BCH fully utilized its 32MB blocks, it wouldn't be able to compete with Lightening Network. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **SUMMARY** > > Bitcoin Cash is a much worse store of value than Bitcoin and now it is also losing the electronic cash narrative, since the growing adoption of [Lightning Network](https://en.wikipedia.org/wiki/Lightning_Network) makes Bitcoin a much cheaper and faster payment option. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

CointestMod

#Bitcoin Cash Con-Arguments Below is a Bitcoin Cash con-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the cons of BCH? > > **IT’S CENTRALIZED** > > BCH “inherited” BTC’s supply distribution from July 2017 when it was launched but the supply held by large addresses [has become more concentrated over time](https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3) (while BTC is even more decentralized today). > > In 2019, [just two mining pools were able to perform a 51% attack](https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/). And although it was done for a good cause – to stop an unknown miner from exploiting a bug – it can serve as a prove that BCH was centralized already back then. > > ​ > > **THE NARRATIVE IS ON BITCOIN’S SIDE** > > The value of Bitcoin has gone up more than 2,000% since July 2017 while BCH has stayed below its price from July 2017 most of the time, not to mention its [ATH price of $4,355](https://coinmarketcap.com/currencies/bitcoin-cash/) (it's 86% down from ATH as of 31.10.2021). > > Also liquidity and real-world usability of Bitcoin Cash [is nowhere near that of Bitcoin](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). It is clear that the great majority of investors chose Bitcoin after the 2017 hard fork and BCH is seen as an inferior copy. > > ​ > > **IT HAD ITS OWN HARD FORKS** > > People cringe at Internet Computer’s name, but for me, Bitcoin Satoshi Vision (BSV) takes the cake. It’s a hard fork of Bitcoin Cash that took place in late 2018. It has even larger blocks than BCH – [2GB](https://finance.yahoo.com/news/world-record-2-gigabyte-block-130000498.html). > > In 2020, there was another hard fork that produced two new chains- Bitcoin Cash ABC and Bitcoin Node. This shows that Bitcoin Cash has failed not only against Bitcoin, but had splits among its own community, further hurting its credibility. > > ​ > > **IT'S SCALABILITY COMES AT A COST** > > Bigger blocks have certain [disadvantages](https://www.sfox.com/blog/is-bigger-better-how-to-evaluate-bitcoin-cash-based-on-block-size/). Running nodes when the blocks are big requires more resources. Also, the commissions from transaction fees are lower, which makes mining the coin less appealing. This might result in nodes being manageable only by big, private companies, making BCH even more centralized. > > ​ > > **ITS MAIN ADVANTAGE ISN’T UTILIZED…** > > Although BCH’s blocks can handle up to 32MB of data, [they have not reached even 2MB since they were introduced in 2018](https://bitinfocharts.com/comparison/size-btc-bch.html#3y). What's more, their average size is currently much lower than that of Bitcoin’s blocks. > > Taking into consideration the point above about the disadvantages of bigger blocks, it makes you wonder why BCH would push for such big blocks when most of the time they don't even use 3% of their capacity. > > ​ > > **… AND EVEN IF IT WAS, THERE'S LIGHTNING NETWORK** > > [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp) allows second layer solutions to be implemented on Bitcoin. One of those solutions is Lightning Network which has become very popular recently after being [adopted by El Salvador](https://bitcoinmagazine.com/markets/lightning-network-bitcoin-usage-adoption-el-salvador) and [Twitter](https://www.theblockcrypto.com/post/118450/twitter-rolls-out-bitcoin-tipping-for-ios-users-via-lightning-looks-to-nfts-for-the-future). > > Lightning Network effectively eliminates the main advantage of Bitcoin Cash by allowing faster and cheaper transactions with bitcoins. Even if BCH fully utilized its 32MB blocks, it wouldn't be able to compete with Lightening Network. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **SUMMARY** > > Bitcoin Cash is a much worse store of value than Bitcoin and now it is also losing the electronic cash narrative, since the growing adoption of [Lightning Network](https://en.wikipedia.org/wiki/Lightning_Network) makes Bitcoin a much cheaper and faster payment option. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

tolgaozek

Hi there. I have some questions about collaboration with Side Protocol and also Innovation Fund. ​ 1.How will Side Protocol enable bridgeless inter-blockchain swaps between Nym's blockchain (Nyx) and Side's testnet (SIDE)? 2.How will the integration of Side Protocol alleviate the challenge of inter-blockchain liquidity for Nym users? 3.How will Side Protocol leverage the Nym Innovation Fund's investor network for fundraising and achieving a mainnet launch?

CointestMod

#Bitcoin Cash Con-Arguments Below is a Bitcoin Cash con-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the cons of BCH? > > **IT’S CENTRALIZED** > > BCH “inherited” BTC’s supply distribution from July 2017 when it was launched but the supply held by large addresses [has become more concentrated over time](https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3) (while BTC is even more decentralized today). > > In 2019, [just two mining pools were able to perform a 51% attack](https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/). And although it was done for a good cause – to stop an unknown miner from exploiting a bug – it can serve as a prove that BCH was centralized already back then. > > ​ > > **THE NARRATIVE IS ON BITCOIN’S SIDE** > > The value of Bitcoin has gone up more than 2,000% since July 2017 while BCH has stayed below its price from July 2017 most of the time, not to mention its [ATH price of $4,355](https://coinmarketcap.com/currencies/bitcoin-cash/) (it's 86% down from ATH as of 31.10.2021). > > Also liquidity and real-world usability of Bitcoin Cash [is nowhere near that of Bitcoin](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). It is clear that the great majority of investors chose Bitcoin after the 2017 hard fork and BCH is seen as an inferior copy. > > ​ > > **IT HAD ITS OWN HARD FORKS** > > People cringe at Internet Computer’s name, but for me, Bitcoin Satoshi Vision (BSV) takes the cake. It’s a hard fork of Bitcoin Cash that took place in late 2018. It has even larger blocks than BCH – [2GB](https://finance.yahoo.com/news/world-record-2-gigabyte-block-130000498.html). > > In 2020, there was another hard fork that produced two new chains- Bitcoin Cash ABC and Bitcoin Node. This shows that Bitcoin Cash has failed not only against Bitcoin, but had splits among its own community, further hurting its credibility. > > ​ > > **IT'S SCALABILITY COMES AT A COST** > > Bigger blocks have certain [disadvantages](https://www.sfox.com/blog/is-bigger-better-how-to-evaluate-bitcoin-cash-based-on-block-size/). Running nodes when the blocks are big requires more resources. Also, the commissions from transaction fees are lower, which makes mining the coin less appealing. This might result in nodes being manageable only by big, private companies, making BCH even more centralized. > > ​ > > **ITS MAIN ADVANTAGE ISN’T UTILIZED…** > > Although BCH’s blocks can handle up to 32MB of data, [they have not reached even 2MB since they were introduced in 2018](https://bitinfocharts.com/comparison/size-btc-bch.html#3y). What's more, their average size is currently much lower than that of Bitcoin’s blocks. > > Taking into consideration the point above about the disadvantages of bigger blocks, it makes you wonder why BCH would push for such big blocks when most of the time they don't even use 3% of their capacity. > > ​ > > **… AND EVEN IF IT WAS, THERE'S LIGHTNING NETWORK** > > [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp) allows second layer solutions to be implemented on Bitcoin. One of those solutions is Lightning Network which has become very popular recently after being [adopted by El Salvador](https://bitcoinmagazine.com/markets/lightning-network-bitcoin-usage-adoption-el-salvador) and [Twitter](https://www.theblockcrypto.com/post/118450/twitter-rolls-out-bitcoin-tipping-for-ios-users-via-lightning-looks-to-nfts-for-the-future). > > Lightning Network effectively eliminates the main advantage of Bitcoin Cash by allowing faster and cheaper transactions with bitcoins. Even if BCH fully utilized its 32MB blocks, it wouldn't be able to compete with Lightening Network. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **SUMMARY** > > Bitcoin Cash is a much worse store of value than Bitcoin and now it is also losing the electronic cash narrative, since the growing adoption of [Lightning Network](https://en.wikipedia.org/wiki/Lightning_Network) makes Bitcoin a much cheaper and faster payment option. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

solemnJoker

Wait, so Cardano will have a SIDE CHAIN, and that side chain will have ZK ROLLUPS. What kinda wizardry is this?

sumcollegekid

I believe that BTC will back the USD or treasuries in the future and that it was designed specifically by the NSA as a global adoption trojan horse for global equivalent USD adoption. Research the "Make a Mint" paper from 1996 which could have been the original concept for BTC before there was global internet to support it. Strangely this paper also includes a Japanese name in it. The Petro dollar is failing and is under attack by BRICS (the Saudis won't pump when we ask them to anymore) and China/Russia own shit loads of gold which we will not allow to surge in value. This is a somewhat conspiracy theory view, but I don't see any other alternatives to protect USD hegemony where the petrodollar is constantly under attack, from Libya, Iraq etc . It would be hilarious if we massively devalued gold and rug pulled the living sh*t out of the new BRICS currency reserves. The Chinese government has more Bitcoin than microstrategy even though they have banned it for their citizens- almost as if they suspect it could be covert from the US. Russia is beginning to mine Bitcoin also seemingly as a hedge. AS A SIDE NOTE... I MADE A SIMILAR POST ABOUT A MONTH AGO THAT HAS COMPLETELY DISAPPEARED WITHOUT A TRACE FROM REDDIT. NO HISTORICAL UPVOTE OR COMMENT NOTIFICATIONS, NOT IN MY POST HISTORY, NO "your comment has been moved/removed" NOTIFICATIONS JUST COMPLETELY GONE AS IF I NEVER MADE THE POST. 🤔