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I suggest you read the first 30 words of the bitcoin white paper...

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Lurkin

1,282 Posts.

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21/02/18

23:40

Post #: 31239964
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Originally posted by davec88 ↑

"Whilst more merchants flee btc. bitcoin cash is picking up the pieces . 2 coffee shops in my area accepting( bitcoin cash )not bitcoin."

Bitcoin wasn't intended to sacrifice its own decentralisation which enabled independent economic sovereignty by turning into another centralised VISA or Mastercard for people in western developed countries to buy coffee. Rather, independent economic sovereignty without censor is paramount, and can only be accomplished with a highly decentralised network.

"anyone with an inkling of an economic brain can work out."

If Bcash is attempting to compete with VISA to win western developed coffee shops and throw decentralisation to the wind, they will fail, and fail miserably. With a network backbone designed to ensure consensus keeping the network at snail speeds, Mastercard and VISA are far superior to Bcash in this regard. If Bcash removes the consensus mechanism, they'll just turn into a VISA competitor but with microscopic market share and a censorable currency which no one will see the point in using.

I've gone through your recent posting history, and I see virtually nothing related to economics. Contrasting my own recent posts on the subject, I've even yet to see you make much comment or any rebuttal:

https://hotcopper.com.au/threads/beyond-bitcoin.4014310/page-32?post_id=31170238#.Wo1O3ubSWxk

https://hotcopper.com.au/threads/beyond-bitcoin.4014310/page-28?post_id=31136413#.Wo1PTebSWxk

https://hotcopper.com.au/threads/beyond-bitcoin.4014310/page-25?post_id=31135483#.Wo1PT-bSWxk

https://hotcopper.com.au/threads/beyond-bitcoin.4014310/page-23?post_id=31135228#.Wo1PT-bSWxk

https://hotcopper.com.au/threads/5-920.4003873/page-60?post_id=31134862#.Wo1PtObSWxk

https://hotcopper.com.au/threads/5-920.4003873/page-59?post_id=31134829#.Wo1PtObSWxk

https://hotcopper.com.au/threads/beyond-bitcoin.4014310/page-6?post_id=31007098#.Wo1PtubSWxk

https://hotcopper.com.au/threads/beyond-bitcoin.4014310/page-3?post_id=31006624#.Wo1Pt-bSWxk

https://hotcopper.com.au/threads/5-920.4003873/page-50?post_id=31005619#.Wo1PuObSWxk

https://hotcopper.com.au/threads/to...4006555/page-22?post_id=30981856#.Wo1PuObSWxk

https://hotcopper.com.au/threads/bitcoin-is-not-a-ponzi.4011829/page-8?post_id=30978388#.Wo1PuubSWxk

https://hotcopper.com.au/threads/bitcoin-is-not-a-ponzi.4011829/page-6?post_id=30977560#.Wo1Pu-bSWxk

https://hotcopper.com.au/threads/bitcoin-is-not-a-ponzi.4011829/page-2?post_id=30976681#.Wo1PvObSWxk

https://hotcopper.com.au/threads/he...4011496/page-25?post_id=30976660#.Wo1PvubSWxk

https://hotcopper.com.au/threads/he...4011496/page-22?post_id=30975676#.Wo1QpubSWxk

https://hotcopper.com.au/threads/he...4011496/page-20?post_id=30973378#.Wo1Qp-bSWxk

https://hotcopper.com.au/threads/he...4011496/page-17?post_id=30973207#.Wo1QqObSWxk

https://hotcopper.com.au/threads/he...4011496/page-16?post_id=30973162#.Wo1QqebSWxk

https://hotcopper.com.au/threads/help-please-how-to-buy.4011496/page-5?post_id=30970459#.Wo1Qr-bSWxk

https://hotcopper.com.au/threads/to...4006555/page-16?post_id=30966610#.Wo1QsObSWxk

https://hotcopper.com.au/threads/secure.3982468/page-11?post_id=30963475#.Wo1RXubSWxk

https://hotcopper.com.au/threads/bi...955709/page-179?post_id=30723139#.Wo1RkObSWxk

https://hotcopper.com.au/threads/to...3985228/page-23?post_id=30679612#.Wo1RkubSWxk

https://hotcopper.com.au/threads/bitcoin-plumeting.3965255/page-191?post_id=30679153#.Wo1Rk-bSWxk

https://hotcopper.com.au/threads/to...3985228/page-21?post_id=30678607#.Wo1RlObSWxk

https://hotcopper.com.au/threads/bitcoin-plumeting.3965255/page-190?post_id=30678454#.Wo1RlebSWxk

https://hotcopper.com.au/threads/secure.3982468/page-8?post_id=30678016#.Wo1RmubSWxk

https://hotcopper.com.au/threads/yo...3981736/page-24?post_id=30619204#.Wo1RmObSWxk

https://hotcopper.com.au/threads/yo...3981736/page-17?post_id=30616984#.Wo1RmubSWxk

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I suggest you read the first 30 words of the bitcoin white paper again.
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First 21 Last

I suggest you read the first 30 words of the bitcoin white paper...

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