Another very old trick folks
Technobabble
Look up its defination.
You think this guy put all this together in the last 5 min?
I understand it.
But most of you see it as:
Well put together
Looks very professional
And admit it, MOST not all, have no idea what it means
Im going to bed now, well continue tomm
The floor is yours WHALES
DONT BE SUPRISED IT THEY PUSH IT BACK UP TO 500 SOON, THEN IT WILL FALL AND FALL, AND YOU WILL HAVE HOPE IT WILL GO BACK UP AGAIN, AND YOU WILL BE LEFT HOLDING A WORTHLESS BAG
HISTORY REPEATS ITSELF
AND THIS IS TEXTBOOK, ONE FOR THE AGES
And then on the thread tomm, you will hear inexperienced Bitcoin Cash Coin bagholders repeating these talking points, having no idea what they really mean.
Just like the mass media fake news
Wake up people, but I feel bad, this one is so slick many of you will lose your shirt
Okay.. I will summarize:
The only system of economics that has proven to sustain itself without a central authority is the free market. But the free market is messy; while the world as a whole wins overall with increased wealth, new technologies, and greater standards of living, some participants in the system do far better than others.
The ideology of Core is the same tired argument that has called for intervention in this "messy" system to make it better and more fair. Invariably those trying to control the system end up making it worse, and everyone using it poorer.
Those who advocate for a central authority to manage economies (or Bitcoin) are under the mistaken impression that those who support the system by profiting from it (mining coins) are doing so out of pure greed. "Greedy capitalists" is a common refrain among those who fail to understand free markets, why people actually participate in them, and how we all benefit from them.
People who understand the libertarian ideals of Satoshi's original vision know that miners are providing a service to the network in exchange for payment. The miners are trading their precious electricity and depreciation on the mining tools they've invested in, for something they want more: coins. Meanwhile the network is trading their precious coins for something they want more: network stability. There is nothing greedy about this exchange! Both parties want what the other has more than what they themselves have and both parties end up marginally RICHER afterwards: The network profits from increased usability, while the miners profit directly in coins.
However, if you believe miners are in this only because you believe they're "greedy" then the reasoning behind Core's behaviour becomes obvious. Their vision of Bitcoin is the new socialist utopia, where miners use their infrastructure to support the network out of a sense of duty to the network rather than profiting monetarily. They cannot comprehend that mutual benefit is required for all parties to continue participating in the network, and
the foundation of mutual benefit is self-interest. Contributing to the network out of sense of duty is in fact a form of slavery."That mining has profits at all is a bug." - Luke-jr