When "they" said that Bitcoin was about it's censorship resistance they were lying to you. Cause they are grifters, con man, liars, thieves and crooks. All of them. And they have long controlled the narrative on crypto to steal from you. But Bitcoin Cash is different, we don't believe in getting rich without working our asses off to create true value for the world. Getting rich without working is impossible unless you are banker or a landlord. But banks have utility cause the money they peddle is needed in society cause it's a medium of exchange. Without it no buying or selling, just trading. Landlords are not really needed but even they provide some form of utility. You can live in a house. It's nice when it rains or is really cold ouside to have a warm house.
Crypto does not produce anything but /r/buttcoin drama.
The ONLY possible value crypto can have is in it's utility as a medium of exchange.
Right now that utility is lower then in 2016 there for the true market cap of all of crypto should be below a 100 billion. That means to get back to reality we have to lose another 700 billion of made up bullshit.
The lightning network does not work, can't work, will never work and is just snake oil being sold.
Ethereum can't scale and proof of stake is not long term sustainable. Even if they could scale all attempts to do so would be sabotaged anyways.
BCH has the most resilient community, coin, network and ecosystem. Does not mean it can't be taken down. But it's going to be harder then anything else out there.
So now you are realizing there are crypto houses build on sand and crypto houses build on rock. BCH is build on rock. Okay well maybe it's clay. But it's not sand.
There is a little water now and everything else is washing away.
But not BCH. Why?
Cause Bitcoin either has value or it does not. If it does not eventually BCH will also be washed away. If it does BCH has more value.
Pretty simple logic reasoning which explains why there seems to be an organic BCH price floor of about 100 to 110 dollars.
This means that BCH is truly worth a couple of billion dollars. Cause it's the community t hat are collectively saying: I am buying at these prices. And all these people have a reasoning for doing so.
On anything else crypto (except monero) there is just sentiment, not reasoning.
So stop trying to get rich and come build with us. It's a more fulfilling life and we build something of value there WILL be a well deserved reward. And you deserve a community where if things are shit you can say they are shit without some assholes removing your opinion.
submitted by /u/i_have_chosen_a_name
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