Jihan is afraid that he might lose fees once segwit is activated & LN implemented. What he cant understand is that he will receive more fees after segwit as the usage will increase again.
Dont know who is controlling who. Jihan by Roger or vice-versa.
That sounds weird... Miners wouldn't get more fees because of the LN network, because they'd still be mining the 1MB/2MB blocks. BU and LN will both increase usage and adoption, however BU will stay onchain, which means more fees and profit for the miners. All these talks about Jihan wanting to control BTC are bs, he just wants money. LOL (not blaming him for it though
)
If he wants money, why would he risk his entire ASIC industry in buggy software that can kill bitcoin? (and render him bankrupt as a result)
If he really wants money, lets get segwit + LN so we can reach massive usage. Also LN incentivizes running nodes since you can make money off interesting by running LN channels, which is why Core does a good job by keeping the block size small, so the average guy (us) can also make money by running LN hubs with their hodlings. Conservative block size also gives us the option to counter attack greedy miners with weapons such as UASF. The whole thing makes sense. Counting pros and cons, conservative block size, capacitiy increases (segwit) and layer 2 (LN) is the way to go.
After segwit, future block size increases will be needed anyway.
Onchain scaling will never amount to mainstream bitcoin usage. You can't be buying coffees and doing groceries waiting for the guy next to you in the lane to confirm the transactions. That's just stupid.
A miner wants money , he wont get that if you fight community...
and most important VER does not believe in BCU himself...
He did not respond to a $100.000.000 bet. so this guy is a fake.
abnd yes as a miner you dont want buggy software , trustware is the standard..
you will lose everything if you crash your chain. so miner will go for stabile opensource software without suprises.
there is no escape for ver this time , failing this bet will forever stick on him.
So miners move to pools that support segwit.