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/biz/ - Business & Finance


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12136222 No.12136222 [Reply] [Original]

What's Blockstream's end game?

>> No.12136250

>>12136222
to slow adoption of bitcoin through artificial limits and development stagnation while profiting from the self-produced bottlenecks via patented and government controlled sidechains

>> No.12136655
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12136655

>>12136222

>> No.12136870

Literally who?

>> No.12136901

>>12136655
Why is this a bad thing? Brainlet here

>> No.12136933

>>12136901

They're intentionally preventing BTC from scaling to worldwide usage so they can insert themselves as middlemen and take a cut. Idiotic and unfeasible business plan and it has resulted in the altcoin boom and failed adoption.

TLDR: If blockstream wasn't around, BTC would have been sitting pretty at 20k-50k per coin now.

This is why Bitcoin Cash is referred to as the real Bitcoin.

>> No.12137657
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12137657

>> No.12137671
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12137671

>>12136222
kek

>> No.12137679
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12137679

>>12136933
>79$

>> No.12137699

>>12136933
>failed adoption
Yes, anon no one is preventing anyone from using a shitcoin. They just don't because that's not where the real demand lies. Literally 1 year into a bear market.

>> No.12137713
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12137713

>>12136933

>> No.12137955

>>12137713
fake

>>12137699
BTC is a shitcoin

>>12137679
I hope it drops to $5 so I can bag hundreds of the real Bitcoin to be quite frank.

>> No.12138041

>>12137955
>I hope it drops to $5 so I can bag hundreds of the real Bitcoin to be quite frank.
brainlet