I wouldn't worry that much.
People have said the same thing about Linux and Microsoft's involvement:
https://rcpmag.com/articles/2012/04/04/microsoft-credited-as-a-top-linux-kernel-contributor.aspxhttps://thenextweb.com/news/in-your-face-googleCan someone honestly claim that Linux (Kernel) is compromised? Even though it's open-source?
Even if that was the case (it's not), there are still alternatives such as FreeBSD, OpenBSD etc.
I can see cause for some concern. But I'd be more worried if they were conventional commercial banks. VanEck and Bitwise are more to do with asset management, brokerage, etc. Plus, they're seemingly on board with the general concept of Bitcoin and have made it a central pillar of their respective business models. If they now rely on Bitcoin, it makes sense that they'd want to contribute to its continued development. I'm confident the community are vigilant enough to notice if there were any sudden changes in approach or direction for Bitcoin development and would act according. It's a potential conflict of interests and transparency should help ensure it's only ever potential.
Bitcoin is not much different compared to Linux.
It's slowly becoming a viable "commercial product" (in terms of ETF offerings).
Also, BTC needs to remain decentralized to maintain its high valuation (and go even higher).
They cannot turn it into a centralized currency (CBDC) and still expect it to cost a lot.
oh and doomad and his ilk/clan doesnt believe in "one cpu one vote"
Oh, come on, "1 CPU = 1 vote" has been long dead (ever since ASICs came out).
If you want that, better move to Monero (but I guess your BTC stash is too valuable, so you're not gonna do it).
institutions know they cannot get middlemen commission from the network itself (unless they run mining equipment)
so they want to make bitcoin annoying to use so that people revert to using centralised services and subnetworks that involve middlemen
Don't forget LN , that's the trojan horse they're expecting to gain profits from . That's why all the funding from corporations to devs is headed towards the development of L2's leaving L1 out . The good thing is that they're too ignorant to understand that L2's are an impossible solution and are just burning money .
Anyone else find it a funny coincidence that the BSV user agrees with franky1?
Common goals are common, methinks.
Best of luck to anyone who thinks they can achieve global adoption of a single blockchain without utilising off-chain technology or totally centralising the entire network. Your task is laughably implausible.
Wanna know what's funny about HmmMAA?
He claims other people are conspiracy theorists, all while he's the biggest conspiracy theorist (he believes NSA/CIA are behind BTC/Satoshi Nakamoto and also he believes that DCG/MasterCard control the BTC Core dev team).
He's the biggest hypocrite you're gonna find on this forum.
Seems that me , franky and some others are too stubborn to let you poison the newbies with nonsense . Our common is that we love bitcoin even if we disagree on parts while you love anything other than it .
You do not love Bitcoin (BTC), you love BSV.
You hate BTC with a passion and want to see it destroyed. Be honest for once.
Franky1 might be eccentric, but at least he doesn't love shitcoins/Bitcoin forks with tons of 51% attacks:
https://www.coindesk.com/markets/2021/08/04/bsv-suffers-51-attack-report/https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/I agree , but mining isn't based on rapspis to work . To find an optimised solution in an NP-hard problem computational power is needed . Do you think your rapspi will be able to handle a massive amount of paths and liquidity if/when LN is implemented ?
You remind me of WAntilles on adslgr who claimed years ago that ARM CPUs (on iPhone) are "Fisher Price toys" compared to x86. Therefore iPhone is "DOA", it has no "future".
That didn't age well, did it? Especially considering Apple's ARM progress.
A new Raspberry has been released, with a faster ARM CPU and more RAM... maybe you should check it out.
Seems that me , franky and some others are too stubborn to let you poison the newbies with nonsense . Our common is that we love bitcoin even if we disagree on parts while you love anything other than it .
Those attempting to lure newbies into a cheap imitation of Bitcoin with scammy forks are the ones spreading poison. If I thought you were merely a victim of the scam, I'd be more tolerant of you. But from everything I'm seeing, you appear to be part of that scam. And that means I'm not holding back.
Not only that, but he also defends Calvin Ayre's predictions:
https://finance.yahoo.com/news/bitcoin-price-crash-zero-says-204253747.htmlAnd you know who Calvin Ayre is, right?
https://pbs.twimg.com/media/Fn0D09YaMAQF9Uj?format=jpg&name=smallhttps://files.catbox.moe/ve2wtn.jpgWe've tried to explain to him many times before that the free market has decided which blockchain has the highest valuation AND hashrate, but he
still doesn't get it.
He's so butthurt that he believes there's a crazy tinfoil hat conspiracy organized by bad actors (forum members/BTC maxis) against BSV, "the only true Bitcoin envisioned by Satoshi".
Watch him trying to attack me, even though everything I've said can be verified by his posts on this forum.
ps: If you pay close attention to him, you'll see that he's enamored by Craig Wright and he even admits that he's a pricky personality.
Guess what? HmmMAA is equally pricky judging by his insults to other members!
Those attempting to lure newbies into a cheap imitation of Bitcoin with scammy forks are the ones spreading poison. If I thought you were merely a victim of the scam, I'd be more tolerant of you. But from everything I'm seeing, you appear to be part of that scam. And that means I'm not holding back.
The only scam that currently exists is btc . Btc is just an altcoin
Spoken like a true flat earther.
Or maybe like Calvin Ayre too:
https://twitter.com/CalvinAyre/status/1577732304440815616This is to conform with existing property law. The alts like BTC etc will be forced to follow this also..or they will be wiped out by regulators.
This didn't age too well either, right?
yep HmmMAA is promoting a scam coin
but doomad promotes a different network too.. which has flaws, bugs, and bottlenecks. which for years have not been solved..
both people are as bad as each other.. both trying to compete to offramp people away from bitcoin. both wanting to ruin bitcoin with annoyances to promote their other networks they prefer
I definitely don't promote they way i get how promotion works , i support both bch and bsv because they are closer to the vision satoshi had about bitcoin
Stop lying, you've confessed that you join this forum to bribe users with BSV (you send PMs to lure people into the BSV ecosystem -> that's what drug dealers do too).
There is a very famous and young member on this forum/thread that accepted BSV donations from you. Don't make me tell his name, I don't want to expose him. You know what I'm saying is 100% true.
It’s safe to say that it is conflict of interest but I don’t think it matters if their intentions are clean. As far as they are not against the anonymity and be-your-own-bank idea of Bitcoin, they can find with any amount they want to. At the end of the day Bitcoin will enjoy the benefits. Also, considering that they are supporting Bitcoin, I hope their banking system allows people to trade Bitcoin else it wouldn’t make sense.
Do you think it is a benefit to Bitcoin and the community for Bitcoin to be traded as an ETF or would it be better if people used it peer-to-peer?
Financial institutions of all types are promoting bitcoin as an investment to be held by the institution giving them control of the asset and the transactions.
This is how they plan to move people away from using Bitcoin as a currency. It is working!!
I believe you should get BTC and store it/use it in your own personal wallet.
ETF was made for the big guys (the likes of Bill Gates etc.)
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