Please forgive any grammar error English is not my first or native language.
I know about Bitcoin and cryptocurrency from about 2012, I never bought Bitcoin before 2015. Why because at the time I thought it was something that was never going to get anywhere, boy I was wrong.
In 2012 I tried mining with a GPU card but it didn't pay you enough for my taste I do remember seeing some asics from butterfly or something like that, and I do remember seeing that gox was online and that was the only site I knew about bitcoin to buy from 2012 to 2014 I was just reading but I never got myself to buy, after the gox fiasco I decided to buy 0.8 but at the end of the day I end up selling it so I don't quite remember what date that was but I end up saving 0.11 btc and in 2017-2018 I decided to sell it at top price making about $2000 because I also got later BCH, I sold first the btc and later the bch. I decided to sell on gemini exchange and I never withdraw the money to my bank account in 2018, I didn't buy at $3200 because I thought it was going to go lower. But later I do remember sending from wallet to wallet my previous bitcoins because from 2012 to about 2015 I do remember you could send it almost for free and sometimes even for free. In those years but I bought my bitcoin I learn how to trade, send and received and I readed the white paper and some other videos on youtube about the monetary system, so I understood why Bitcoin was import. To make the story short I end up saving 0.1 sold and I bought back again in 2019. But this time I bought Bitcoin Cash not Bitcoin.
I learn that you need to hold and hold hard, if I were to save my 0.8 I would had more money today, but I didn't it, So now in 2019, I have a total of 0.28 Bitcoin because I managed to buy back cheaper thinking that I was going to keep my Bitcoin Core and wait again, but I decided to go back to what I learned and I decided to buy Bitcoin Cash instead, hear me out I will tell you what I thing.
In the beginning Bitcoin tx were almost free, the asics were expensive at that time and still are, I do remember some exchanges going bad, so I learned not your keys not your coins. Bitcoin Core has been infiltrated by either the governments, banks or institutions and people with large amounts or money, and that is why the block size has not been increase because they want to cripple Bitcoin because they have agendas.
I will get conspiratol from here on.
You see Bitcoin is suppose to be a peer to peer payment system and there is a lot of reason for the system to be build like that instead of a storage of value, let me explain, if you use bitcoin as a peer to peer system, the governments and institutions can tax it or stop it because if you go to your local store buy some eggs, a computer, a cell phone, or whatever you want to buy and that seller decides to buy his supplies as well with bitcoin in that way no government or institution can stop that no matter what laws they write because they can't know when and where you are going to spend your bitcoins, but if bitcoin is use as a store of value than that will mean the only reason you have the coin is to speculate in the price and in the price only. In a store of value preposition the fees will not matter because poor people earning $2 daily can't invest anyway because they don't have enough money anyway, and with fees around $1 in 2019 those poor people will not buy bitcoin because they can't afford it.
In the store of value escenario the government can and will tax you to at least 50% because they know that you will not exchange it for goods or services but instead you will go to a exchange and exchange for Fiat, deposit that fiat into your bank account and than you have a record and for that reason (the record in the bank) you will pay your taxes and that can be whatever they decided.
In other words Bitcoin need to be first a currency and as an option, storage of value otherwise you will end up working for the government and paying in already tax money because to buy your bitcoins you needed it income, income that most probably was tax already.
Now Bitcoin core is slow and expensive because the block are too small, they say they need to keep it at 1mb because they are fighting centralization (so everyone can run the Bitcoin Core node), but that is bullshit. You see Bitcoin at 1mb adds only about 50gb of data every year.
Now Bitcoin Cash adds at 32mb for block only 1.7tb so let say you want to run a Bitcoin Cash node you need to buy a computer with at least some 4 sata connections so that you can add 4 hard drives with 40tb each and you will pretty much run that BCH node for at least 10 years.
As a matter of fact with a 10tb hard drive you can run the Bitcoin Cash node for at least 5 years.
So for about $600 you can run a Bitcoin Cash node for at least 5 years.
If you have invested $10k I think you could afford a BCH node so the BCH chain nodes will not be centralized anytime soon. And in the mean time we could copy and paste their lightning network development or work in other solutions because we as users of Bitcoin Cash have at least another 5 years so look for solution while the fees are still under $0.10.
Now the Lightning Network, I tried it and that was awful you see if a glitch in your wallet happens and your LN node doesn't register a tx but your other party does you will lose your entire channel because that is the way LN works to avoid people trying to cheat.
but you see a internet issue, a firewall, a router firewall, a DDoS attack in your node can lose you your money in your LN node. I t happened to me I was playing with LN and my wallet node didn't register a tx but wallet of satoshi did (I was connected to living room of satoshi node) did register so my channel was closed and the fund were sent to them, after I publish my findings in zap wersite, they decided to return my satoshis to me, My channel was worth 0.0034 not much money but enough for me to realize that the way to go is on chain development.
We could copy and paste LN in Bitcoin Cash, but the reality is that we don't need in 5 years to 10 the hard drives will be much cheaper than today o centralization because the blockchain will be bigger is a lie. Today in 2019 a 10TB hard drive cost around $400 that is worth 5 years at 32mb of blocks, so in 2024 I think hard drives will be bigger, cheaper and faster.
So Bitcoin is Bitcoin Cash, don't sell your BCH cheap for those who didn't get Bitcoin before 2015 you can still get Bitcoin for under $400 today.
Bitcoin Cash will be the new Bitcoin because, banks, institutions, governments, money tranfer companies don't want to you paying peer to peer because that puts them all out of business.
The 1mb block limit is a cover attack on Bitcoin so that you can't use Bitcoin as a peer to peer currency, I will write more in the future if I find some new ideas to write on.
Please consider giving some cup of coffee by sending some satoshis to my wallets, Any Bitcoin I get I will sell it for Bitcoin Cash and any Bitcoin Cash will be save, Because Bitcoin Cash is a peer to peer currency as first and as your options store of value if you don't want to spend. Power of choice.
By to way they say the 32mb block are empty and no one is using the extra space, but the reality is with BCH you can choose your BCH as store of value first and not currency, With Bitcoin Core you are force to use it as a store of value because higher fees will discourage you from using it.
Bitcoin Cash I choose. Bitcoin Cash free will.
Bitcoin Cash (real bitcoin)
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13KsyQ2a2shkDD9ZneHmHMYAuvaLfDHJ7o
Bitcoin Core (fake bitcoin I will exchange for the real one )
1Jmc5U4cyicqhbc9cJQMsDpn89GpNmzaJd