/biz/ - Business & Finance

>>11651918
eminder that bitcoins' innovation was using economic incentives to create an immutable ledger.
the existence of an immutable ledger is unprecedented in human history and allows the equally unprecedented non debaseable currency. The adoption of non debaseable currency can invert the power arrangement of the world from those that deceive to those that create. There has never been as optimistic an opportunity to create societies that serve the individual instead of societies that are systems of wealth extraction at the expense of the individual.

Without on chain adoption bitcoin cannot be considered secure as mining will eventually need to be incentivized by fees as the block reward declines.
The btc devs literally limited adoption to 1mb of transactions per 10min (about 7tps) and then created transaction capacity off chain with lightning and liquid.
This limit is entirely arbitrary contrary to what the media tells you.
This leaves btc as a ponzi scheme as without on chain adoption there is no security, again off chain adoption does not incentivize security.

Bitcoin cash is a split in response to the above and is the economic system detailed in the bitcoin whitepaper

>>11586420
time to dump some retardedly bullish charts

reminder fud is the act of a parasite

there is nothing new under the sun

how many times do we need to teach you this lesson old man

demoralize this

help your fellow human you faggot

>>11291157

tock tick