The original vision for Bitcoin was simple: digital cash, free from banks and government. However, Bitcoin is pushed as "digital gold."
  • AfricanExpansionist@lemmy.ml
    3·
    15 days ago

    I fundamentally disagree with the author’s worldview, however this is a good write-up.

    One thing he didn’t discuss was the block size debate and emergence of BCH. I recently heard a fellow cryptoskeptic explain that BCH was the side that people should have backed. Makes me wonder which side Epstein was on

    • CashDragonOPA
      31·
      15 days ago

      What is the author’s worldview?

      Epstein funded the BTC side, small blockers. Their goal was to make sure Bitcoin cannot be used as a currency, which would threaten government backed bank issues notes.

      BitcoinCash (BCH) is the real Bitcoin paper according to the original white paper.

      • AfricanExpansionist@lemmy.ml
        11·
        14 days ago

        The author seems to be a true believer in the mission of cryptocurrency (it’s all bollocks, possibly created by the CIA)

        Thanks for the details about Epstein! Quite fascinating