Considering I do most my posting in here, I'll just ask even though its not specific to Dash... When (if) BTC and BTCU hard fork, would the BTC change activate segwit due to the fact that it can't activate due to the BTCU hashing rate and once that is out of the picture we will see SegWit? Then we will have BTC(SegWit) and BTCU(LargerBlock) followed by BTC(SegWit+LargerBlock) and BTCU(downward spiral)
I believe in BTC long term just like I believe in Dash and ETH.. Was just pondering this question over coffee and updates on BTCT.
*Goodmorning!*
This is not financial advice, This is my opinion:
BTC developers and hard core "believers" do not believe in currency competition. This should be a huge red flag for anyone who is hoping for better money for the people.
Good reading:
https://mises.org/system/tdf/Choice%20in%20Currency_5.pdf?file=1&type=document and
https://mises.org/system/tdf/Denationalisation%20of%20Money%20The%20Argument%20Refined_5.pdf?file=1&type=documentAnd I just read through the Lightening network FAQ which is a great hoodwink job, and a lie. There is no trustlessness to the nodes that act as "side chains" (NOT a chain). The solution is completely trusted. So if you think it through, the only way the Lightening Network can work is if trusted entities manage these "side chains (not a chain!)" and of course, who would do this? BofA? Wells Fargo, ING? Undoubtedly! So why can there only be ONE coin IE Bitcoin?
Because with competition, their bad money can't survive. Bitcoin on Lightening Network is good money gone bad.
Why would these people want to do this? Because if Bitcoin becomes a main currency that fits in with the existing powerhouses, they are looking to ensure a HUGE increase in price. It's all about money. It's all about taking the easy route.
This is why I dearly hope Unlimited wins and that LN never takes off. But even if LN and Core win, they lose. Because you'll never get rid of the rest of us "shit coins" which will kill off fiat, which is what Bitcoin will become. It's just sad. Very sad that these developers have been so corrupted and wasted their talents and lives on such false promises. We could have used their talents if only they could leave their egos and greed behind.