Hey Crypto Mates: Topic: Bitcoin VS Bitcoin Cash War? Asset VS Cash? Centralisation? Bitcoin debate. We explore the power of influence and the issues of ASSET and CASH BTC & BCH are facing. Guys, I tried to put forward an objective argument to present some real issues in the community. A lot of fighting about name, rights etc in BITCOIN..By this video, I hope it inspires others to speak out about the STRENGTHS of bitcoin and bitcoin cash in context. Cheers, BlockchainBrad.
? My recommended exchange is Coinspot (for Aussie’s):
https://www.coinspot.com.au/
? Recommended wallet – Ledger Nano S: http://bit.ly/2xeymFX
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More of my YouTubes:
◆ NEO: https://www.youtube.com/watchv=egVyJC…
◆ CARDANO: https://www.youtube.com/watch?v=ZXyss…
◆ AION: https://www.youtube.com/watchv=I3KET8…
◆ INTEROPERABLE BLOCKCHAINS: https://www.youtube.com/watch?v=vhId4…
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⚡ On donations, guys, don’t send any please. I am doing this to be part of the community! But if you would like to support me, please consider sharing this vid or leaving a comment. Be a Crypto share bear means you care! Thank you!
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⭐ Links!
Bitcoin vs Bitcoin Cash Fanboys! – with Crypto Daily!
https://www.youtube.com/watch?v=IN_WD0Z55eo
Daily: Bitcoin Cash Flippening / Conspiracy
https://www.youtube.com/watchv=nQP3bcNzaus&lc=z23qxpfxlrruhjiwh04t1aokgmxofkexd4acsrde2u3trk0h00410.1510633696355389
Daily Update (11/13/17) | Discussing the aftermath of BCH, Bitcoin futures set for December
https://www.youtube.com/watchv=SnPCek9xkkQ&lc=z23qxpfxlrruhjiwh04t1aokgj3thulm22ewxrhz0g02rk0h00410.1510638294955760
Bitcoin Cash – Digital Money of the Future?
Vitalik Buterin
Ok, I am going to just stop commenting on bitcoin issues almost entirely and focus on ethereum tech.
I think the community needs to go through *a lot* of healing, and the firebrands on all sides that are *so sure* that their side is righteous and the other evil deeply worry me.
— vitalik.eth (@VitalikButerin) November 14, 2017
Vinny L.
Agreed. Can we all start becoming more civil? If you don’t like Bitcoin – go to Bitcoin Cash and vice versa, but stop attacking each other. Win on merit and action, not prose. Ignore the trolls and let’s focus on proving the science, not the religion. https://t.co/tJQTh8B1kX
— Vinny Lingham (@VinnyLingham) November 13, 2017
JihanWu
Last minute warning to exchanges: please stop withdraw of BCH while the HF upgrade.
— Jihan Wu (@JihanWu) November 13, 2017
Bitcoin is an asset, not a currency article
https://www.forbes.com/sites/jeffreydorfman/2017/05/17/bitcoin-is-an-asset-not-a-currency/#2f9a59a62e5b
Liquidity and Stability – Bitcoin as Currency and Asset
https://cointelegraph.com/news/liquidity-and-stability-bitcoin-as-currency-and-asset
bitcoin currency or investment?
http://www.smh.com.au/national/bitcoin-currency-or-investment-20150904-gjfap7.html
Bitcoin as an asset class
https://seekingalpha.com/article/4113658-bitcoin-asset-class
Asset or Currency
https://www.researchgate.net/publication/286338705_Bitcoin_-_Asset_or_currency_Revealing_users’_hidden_intentions
Dean of Vals, says it is NOT an asset
https://www.coindesk.com/nyus-dean-of-valuations-says-bitcoin-is-a-currency-not-an-asset/
Adam back and increase in blocksize
https://cointelegraph.com/news/adam-back-bitcoin-block-size-increase-in-mid-term-is-possible
Bitcoin asset or currency paper
https://pdfs.semanticscholar.org/3c7d/998b88bf48c88cf693625d2852706e7cb8e4.pdf
Bitcoin currency or Asset academic paper
https://mbs.edu/getattachment/fircg/FIRCG-2016/Papers/8-Adrian-2c-KiHoonBitcoin-Baur-et-al-2015-P.pdf
Bitcoin centralization?
Andreas on mining centralisation
Lightning Network Centralization
Exploring the Centralization Risks of Bitcoin’s Lightning Network
Adam Back on 3 forms of Centralization
Adam Back on Three Forms of Centralization That Have Crept Into Bitcoin
Centralisation is a problem for bitcoin
Centralization is a problem for Bitcoin – Its time we stopped ignoring it
Is bitcoin decentralised? academic paper
https://eprint.iacr.org/2013/829.pdf
Harvard article claiming bitcoin highly centralised
https://www.cryptocoinsnews.com/bitcoin-highly-centralized-network-says-harvard-researcher/
miner switch
Bitcoin vs bitcoin cash priorities
https://www.forbes.com/sites/spencerbogart/2017/11/13/bitcoin-vs-bitcoin-cash-a-story-of-prioritization-a-healthy-competition-in-money/#f534a534bccb
Trustnodes rise ARTICLE
Bitcoin Nodes Rise to a New High as Bitcoin Cash Prepares For Upgrade
Technode china
Craig Wright BCH scaling plan
https://news.bitcoin.com/craig-wright-pushes-1gb-blocks-attain-visa-level-bitcoin-scaling/
Tools
https://fork.lol/pow/hashrate
https://www.tradingview.com/markets/cryptocurrencies/
https://blockchain.info/
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Thanks so much for listening and commenting, Cheers,
Brad
source
Guys, update: The Dollar Vigilante is in the BCH camp apparently…. or both, not sure. Just responding to feedback. So out of respect for the Dollar Vigilante, just wanna update this. Cheers, Brad.
Hi Thanks for your video!! Hurmm, other than video, is there any else you would suggest? I'm thinking to invest in ethereum
cryptocurrency.
I just got 0.1 BTC via this website. Google "bitxploit" for more info
Hey Brad, I’m hoping CSW (Faustus) comes up with multi sig wallets and we see some faster 32 mg blocks for BCH. He seems way more intelligent than he gets credit for. I feel like this is turning into a Beta Vs VHS scenario where the better product isn’t being recognized by the market. The title of the white paper was peer to peer cash, yet the market is treating bitcoin as a store of value. Would you talk about this in a new video or is it too hot of a topic? People are extremely emotional about it. BTC has brought a positive movement, but it’s not a viable payment option to people in 3rd world countries. ironically those who live in poverty and need economic salvation, who may actually benefit the most from this form of banking, can’t use BTC in its current form. Transaction fees would cost more than someone’s monthly or daily income in some places. The expensive fees of BTC exclude these individuals from its success. The rich just keep on getting richer, while the poor are excluded. Thanks for the videos mate!
Great To See You Support Bitcoin Cash… Thumbs Up.
Bitcoin will remain a so called asset, until the US dollar collapses. Then you will see bitcoin the asset go to zero as everyone is forced to use bitcoin Cash, because it will be needed. One functions as current asset for greedy people, the other is positioned to act as a replacement for the garbage fiat we are forced to use. I'm about replacing the garbage fiat. End of Story.
We indeed have an asset definition and a currency definition.
I think it will take the community a while to boil off the extra steam.
These two major distinctions in use case are valid and we don't have to get the hate on.
Maybe we can all be on the same team again.
Thanks Mate. great info as always. The environment we move in is filled with contradictions and power plays. Info is often conflicting as it has a strong bias. Any chance of some commentary on POWR and HST. Being Aussie based and good projects, would help inform the wider community.
Great Vid Brad! I first heard of BTC in 2012 and no matter what research I did at the time I still couldn't get my head around it. In my search for information to try and understand it I had a friend of mine who's son was a computer programmer (coder) when I asked him about BTC he wouldn't talk about it and I was told to not go anywhere near it due to the publicity behind it being basically for underworld black market use, at the time I was going to chuck $200 bucks in it for shits and giggles but as I couldn't get my head around it and trusting in someone with more computer savvy than myself I didn't do it. Doh, price then was about $90 US. I will get to the point. Recently BTC came on my radar again due to a friend getting involved in a mining farm in the US after going to a JT Foxx seminar and is in the process of enlisting interest in the farm. This sparked my interest as my friend was truly inspired and within 3 weeks had her first mining machine included in the farm. Now my friend couldn't answer any tech related questions I was asking about so I had to do my own research. This is where I learned the Ethos behind BTC and also how the blockchain worked and what encouraged miners to solve blocks. Then I learned about Forks in the Blockchain and from there I saw BCH and in just a weeks time I learned that BTC segwit2x was about to happen and why it seemed needed to happen.
Awesome info as usual mate.
I'm finding the more I dig the more I realize this space is not as decentralized as I 1st thought.
It would be nice if everyone could just get along but because there are some very emotional connected people and also greedy deep pockets out there it will be impossible. If you can step back and judge from an unbiased view point your a lot better off working this whole drama out and there for maybe even making the right decision with your investments.
Keep up the great vids mate as I find you the most detailed crypto reporters out there. cheers
Nice video Brad… "Peer to peer cash" vision of Satoshi.
Something that has no use case in life is not an asset.
The dollar vigilante is all for bch…
so stoked for wabi ico, can you please review it.
Thanks so much Brad. You are a authentic teacher.
Hey there! You've mentioned that you've written a paper o n sentiments..is it available somewhere? Would be very interested in reading it!
BTCz = Bitcoin 2.0
Fees rose lately because mempool was spammed with lots of low fee transactions. Interesting, who might have done that?
It's also clear to me that position in this war depends mostly on made investments.
This space is unregulated so blows below the belt are allowed and one side of this conflict makes them all the time…
Never was a fan of Litecoin, only this situation made me realized how classy and humble Charlie Lee is.
But i guess it's not worth to be humble and honest.
The dollar Vigilante just moved to the both category he just came out and told everyone to hold on to both.
Great to see some objectivity in a sea of emotional comments 🙂
Thanks Brad excellent research again.. All great points of view on both sides of the argument I agree with Lark there is plenty of room for everyone to play…Personally see Bitcoin as a asset as is to expensive and slow to use as a currency, Bitcoin Cash and Lite coin should team up with bitcoin as there backing 🙂
Hi Brad, I believe Johh McAfee's name is pronounced 'macka fee' but I've always (apparently wrongly) pronounced it m'caffee as in "where's m'coffee" replacing the 'o' with an 'a' FWIW. Another great video.
Just a thought but doesn't fiat currency trading make fiats assets and if so aren't all currencies assets?
Thanks for the shout out Brad! Crypto community is indeed better together
Recently found a project working on on-chain scaling and high transaction rates. I don't believe Raiden or Lightening network will solve the transaction rate problems of bitcoin or ethereum or BCH. I think long term non of these coins will scale as their are basically copies of the same architecture. BCH is already taking around 10minutes transaction rate… not cash. Bitcoin used to be both and asset and currency. Now its loosing its ability to be a currency. BCH is an asset and currently a little better currency but as adoption grows it will also loose its ability to be a currency. Blocksize increase is not the answer just delaying the slow down.
Wait what is NEOG? Any info or just no good? Also, do you have any opinions on LISK? Thanks for your informational videos.
what are your thoughts on Neo Gold