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RE: The Battle And Future Of Bitcoin In Jeopardy
AMEN! Lot's of people don't like to hear it, but unfortunately it is the truth. I waited nearly 24 hours just yesterday for a wallet to wallet transfer, and paid an astronomical fee! Absurd! If we are talking about mass adoption, that is not the way to go about accomplishing it. Unfortunately if that continues, BTC will be more of a "store of value" while BCH starts to get more interesting....Only time will tell. Great post, my friend.
Yes, but that situation is not a coincidence. With this Bitcoin Cash action on the weekend i waited all weekend for a transaction to go through. about 10 dollar fee. when the dust settled it went through...
The question now is, how much longer until we have the same situation with BCH ?
It will at least take longer. I'm not against Segwit, but it was Core who was against the quick straightforward solution for a critical problem. That was also an attack against the miners, who happen to be the foundation of BTC security and value. As a reaction, the miners who obviously have vital interests too, have striked back. I don't blame them for not having such great developers etc., but that might change.
Both BTC and BCH have become a shadow of themselves compared to the situation 3 years ago.
BCH may have helped cause it this time, but this was not a new situation. The issues started way before the launch of BCH.