When not working on propaganda, NIST employees have been complicit in trying to put backdoors into cryptographic technologies. - Jeff Berwick
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BTH is an altcoin it's not bitcoin there are many faster altcoins the BTH. I find the lies and deceit from BTH very disturbing. Bitcoin just cost me 13 cents to send $1350 and I'm now using lightingnet work to pay my bills under $40.00.
Sorry to see you got bribed or coerced into Roger Ver talking points. You got it backward, Segwit is a *soft fork* as segwit enabled nodes are backward compatible with the original chain thus you can choose to utilize segwit or not; that latter literally true to the original block chain. Changing a block size is not backward compatible hence a *hard fork* was created. BCH also implemented emergency difficulty adjustments which were not part of the original white paper so saying BCH is true to white paper is a mute point; nor does it have any relevance in my opinion. For those that understand Blockchain 1.0, on-chain scaling does not scale to mass adoption; if you don't care about decentralization, continually increasing block size with BCH is an option. We need more technical people to discuss real solutions than marketing shills that don't know what they're talking about when it comes to the tech behind crypto currencies.
Well Jeff now you see the fundamental like-mindedness of government and Bitcoin Cash, and the fundamental common vested interest they both share - to destroy Bitcoin which is the torchbearer of true freedom. Yes Jeff you now see your fundamental alliance with those who falsified the 9-11 narrative, the wagers of wars and economic collapses - strange it is how all the corrupt fall into alignment with one another. In pouring scorn and ridicule upon the humble sober and honest hard workers of Bitcoin Core, who scarcely even know what's hit them, and chasing the gloss and bling of flashy Bitcoin Cash you find yourself in like minded company - you join with NIST perfectly dove-tailed, one evil matched with another. Birds of feather flock together eh? Why not just invite NIST to the Anarchopulco - you share one common bond maybe - a desire to have a good old time of it and not give a flying fcuk about any semblence of "society" - just me me me - no "dull cares" to hold you back, Bohemian Grove and cocaine and hooker parties. Leave the "dull cares" like writing solid code to the humble Bitcoin Core programmers whilst you cast every conceivable unfounded accusation against them.
Yes Jeff - you have definitely found yourself unexpectedly in like-minded company.
Remember - what you wish for is what you will get.
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Blockstream/AXA have taken over Bitcoin. Bitcoin cash is still not infiltrated. All this in fighting and complication will delay the spreading of BTC/BTH's use. Cardano will be the last man standing in a few years. Not a tout but a fact if development and arguments remains as it is.
Why do you have to fight with everyone? To preach about the NAP, and then be so antagonistic is lame. It is this kind of veiled violence that we need to rout out if the NAP is ever going to be recognized as the highest wisdom. Get it together Jeff. "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete." ~ R. Buckminster Fuller.
It's like little fish claiming to have their own type of water - when they are in the same pool with the big fish. Bitcoin's claim to independence is a joke. But I'm sure Jeff had already anticipated this; let the little fish be lambs to the slaughter; let them gasp for air as the bubble bursts.
Oh yeah - the Bitcoin revolution - oh yeah - the new way to secure your wealth. Utter BS. As long as there are scum like Soros and the Federal Reserve - everything is still interdependent. You can't claim safe and independent when you still need electricity to power your wallet. Bitcoin is a freaking mirage.
It's not a simple binary dilemma. At this point in time both BTC and BCH are the real bitcoin. Forget about the politics, forget about the communities, forget about the dev teams and all that. They are both bitcoin. However - if BTC gets lightning network it will make it faster... but it will make it less pure. Make it more centralized. Will that make it less bitcoin? Will that make BCH the real bitcoin? You be the judge. Full disclosure: I don't own either BTC or BCH since I believe there are better projects out there in this point in time.
WRONG. If 80-90% agree that's called consensus!. Its wasn't a hard fork. BCC was a hard fork. People running bitcoin nodes didnt have to update. But to use BCC you needed a new wallet. New wallet. New coin. BCash is the forked coin. Stfu. @bitcoinjake09
Talking down BTC and talking up Alt coins has caused the doubts in the market leading to these falls - so the aim of building up value in ALT and Bcash has defeated itself - you morons need to realize that without a strong Bitcoin your never going to make money on Alt coins. The Bcash supporters thought it was worthwhile building themselves up by talking down BTC now you and everyone else are paying the price. It will take some time for confidence to return to the crypto market, and recovery needs Bitcoin to lead the way back up.
The only secure way to own Bitcoin is to own equally portioned shares of all three; BTC, BCH (BCC) & BTG. That is the split and when owned together the miners have no influence to damage your position and future forks automatically get covered without further expenditure. So buy a fourth of a Bitcoin, one fourth BCC and one fourth BTG or any other size shares as long as they are kept equal. I am working on that plan now. My tracking figures however prove that Bitcoin Core (BTC) is the most stable and profitable leg currently, followed by BCC. However, I want more BTG presently owing to ease of buying bigger portions and equity for the least money. I will go for Bitcoin Cash from there and then try to buy Bitcoin Core from profits if it remains viable (which I doubt will remain the case). I tend to believe that Bitcoin Cash is the real core from observing Roger Ver and company. But as long as you have equal shares of all three it doesn't matter who is right. Forecast all you want, curse others if you must, the proof will be in the pudding and I will have equal portions of pudding in my bowl with 3 spoons.
The "high fees" mantra for Bitcoin is outdated. More hash power is coming on line by the day and fees are down dramatically. (Litecoin has always been cheaper and faster than BCash as well, AND more widely used.) The only reason BCash is used at all is because it has a centralized pumping system to promote it and steal the Bitcoin brand. I'm not surprised that Berwick agrees with NIST. Congrats.
So let me get this right, the only reason why BCH exists is to have low fees? so if BTC can have low fees in the near future or if BTC increased the block size then BCH is completely worthless? BCH will never overtake BTC they tried and failed it just won't happen again besides BTC fees are getting lower and lower, I can only see BCH dying in the next few years as BTC scales.
Jeff spreading wrong information. NIST report was just a draft and that paragraph was already changed, once the error was spotted.
Even the BCH supporters recognize this: https://www.google.pt/amp/s/amp.reddit.com/r/btc/comments/7u3fhm/nist_corrected_their_paper_to_say_bitcoin_cash_is/
He only spends time talking about a report from an organization that he hates because the report reinforce (or "used to reinforce") his - very wrong - point. That is called hypocrisy.
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Well there you go NIST loves btrash and why is that because it has seperated the bitcoin community; created in-fighting and hatred amoung sides just like its methods in the middle east.
You can't scale with big blocks and really who gives a fuk, Simon Dixon said it best 2018 will be the year of seeing which chain works. We have both now so lets build and see which method scales in the coming months. Even Satoshi stated that scaling was probably nest done off-chain
Jeff, with all due respect, all technologies evolve. The TCP/IP of today is not the TCP/IP of the late 1980s when the internet began. Shall we start saying that this is not the real internet? You would not have been able to post this video if it had not changed. And when you see how bitcoin scales with lightening and BOLT by the end of the year you won't really care.
Jeff's friendship with Roger Ver is an issue never discussed in this constant attack against the real Bitcoin. What is the end goal here? The lightening network will soon run Bitcoin and eliminate all of the issues. When that happens, B-Cash has nowhere to go but down.
1:46 Actually they already admitted the Towers collapsed at Free fall Acceleration. Anyone with Video on the collapse can of course Testify for that. There is plenty of video evidence all over the net and this UNDENIABLE ... but I agree ...that paragraph is a complete and total Lie about what happened. Note: I also Agree Bitcoin Cash IS today the real Bitcoin since it implemented changes after the fork to improve scalability and lower the transaction fees ...btw Transaction fees should be ZERO! I do not pay every time I send an email ... cryptocurrency token exchanges should cost LESS then email ... we are exchanging literally a couple thousand Bytes ...
I would say Roger Ver is more the type of person who would do a dirty back room deal with the government any day - if it served his selfish interests - but I couldn't see any of the guys from the main Bitcoin Core group doing that. Here we have definitive proof of the connection between BTrash and government - just as I suspected all along.
NIST May not be a credible source at all. If we recall the NIST 9/11 report was not and staff have come clean (whistle blowers) regarding the reports and the irregular and incorrect findings that were utilized.
Thanks for the video Jeff.
Bitcoin core or Bitcoin cash.
Well It's best to see this way, which bitcoin will ultimately be used more and more, based on current tech it's Bitcoin Cash, since it can scale. Bitcoin core cannot scale.
Now watch all the insults come in:- You know when people cannot debate and start swinging insults then you know you right.
Bitcoin cash could scale 1000x by using current desktop computers. (1Mb to 1Gb blocks)
Bitcoin core requires using off chain solutions like segwit and LN, these are not bitcoin but other solutions.
For the ones that are really interested, let me know and I will provide links to back this information.
Well I wasn't pushing anything. Just stating that there doesn't seem to be anything but emotions behind these claims and name calling. Just saying something is shit is not an argument. That just makes people sound ignorant.
bitcoin and altcoins are the biggest scam ever!
There is absolutly no use for this shit because of constantly changing value.
Also bitcoin was planned many years ago, as seen on the economist cover:
It is a scam to manipulate markets and people.
(like facebook manipulating social behaviour)
Bitcoin cash hands power over to a select few. Ultimately you have to ask yourself what's the difference between them and the Gov? The answer is of course nothing. Absolute power currupts absolutely.
You've sold your apparent morals and beliefs but then again I've always thought you were just being a character anyway so whatever
Edit: I also believe that paragraph has since been changed BEFORE you posted this video soo...
Hola Jeff, I'm a dollar vigilante member and wanted to thank you for all you do to make life better for those who you come in contact with either personally or physically. The issue about bitcoin has been alarming to me because I started buying Btc just before the bcash fork and did not get any bcash. As a newbie I have listened to both sides , because I let all that I run into to buy Bitcoin. Just like what you have done and I enjoy that, so thanks. The one thing I understand is that bcash split before segwit and that government ad said the opposite just like they did with twin towers so I think I am sticking with Bitcoin. Thanks again for all you do. Jim
The problem with BCH is assuming that Satoshi envisioned all the technological changes and problems that would come in the years after bitcoin was released. That is a faulty view. While it may be correct that the current bitcoin does not follow Satoshi's whitepaper exactly, it is failure to see that there is a reason that bitcoin changed to what it is and why the markets prefer BTC over BCH.
The people (markets) will decide and they are choosing BTC. BCH just has to much competition because Ver has a very limited view and not much technical knowledge. I have suggested to Ver he needs to get more coders for BCH but he doesn't listen. This is why all they have done with BCH is increased block size while many other alt coins have made much better advances and improvements. In technology, you can't stand still or you get passed by. That is what BCH is doing following Satoshi's path. Ver keeps hammering on about faster transactions with lower cost. But there are already several alt coins that blow BCH away in cost and speed. Thus there is no need for BCH because that is all VER has. BCH is the betamax compared to the VHS. BCH is the myspace to compared to facebook.
The thought of taking Soros for what he says is laughable. You really need to rethink this over Jeff. Let us not forget that Roger Ver who wants to take the moral position regarding BTC vs BCH was an early Ripple investor. Not so moral after all.
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