I knew it, that this thread was going to be full of crybabies.
I hate to break it to you guys, but bitcoin has been compromised long time ago. There have been bilderberg connections published. And besides that in it's current form it is becoming obsolete.
Too high transaction fees will greatly reduce the potential investors from using bitcoin for smaller investments, and will make people avoid moving bitcoin around.
Instead they will start looking for cheaper alternatives like bitcoincash. We may even see Dogecoin rise from the ashes- I only realised recently how many trading pairs Doge has avalable.. And I was a bitcoincash skeptic at first as well. But in the last weeks I have become to realize, partly thanks to certain anarchists who are doing a good awarness campaign, that bitcoin- out of the core developers stubbornness and closed mindedness (and probably caused by the bilderberg connections too) have put themselves (BTC) in a pretty bad place. - Keeping in mind the big picture.
found this funny quote from here:
https://www.reddit.com/r/btc/comments/47zfzt/blockstream_is_now_controlled_by_the_bilderberg/ which maybe even true?
Is it possible that guys like Blockstream CEO Gregory Maxwell /u/nullc and Blockstream CTO Adam Back /u/adam3us are simply so immersed in programming that they've never even heard of the friggin' Bilderberg Group?
I mean look at this vid from this timestamp:
https://youtu.be/_zfGihfcLT4?t=163 An invetview with Blockstream CTO Adam Back. This guys sounds very unsecure, and the quote seems pretty spot on. Meaning they have been given a near impossible task to come up with some complicated system, which could be easily repaired with bigger blocks. And that's what these genius minds have been paid for, and they are just doing their jobs.
Also this video explaining how lightning network should work, and how making bigger blocks makes the backlag and high fees go down.
https://youtu.be/6V365_59-Lc Now i'm not a very technical person but I do belive I have a pretty good logic and bitcoincash's approach seems to be the simpler and more obvious way to go. Plus the reason I got involved in crypto was to give power back to the people, but the people are not benefiting from the enourmous fees and slow transactions of bitcoin. And the ties to bilderberg are in my eyes a serious sign of some sort of control or political agenda.
Now I am skeptical about bitcoin because there's secrecy and perhaps stupidity (closed mindedness) involved. Even ripple seems pretty good, because they are at least upfront about being in the same boat with the banks. But DeepOnion remains my favourite project, it just seems totally sovereign- that is what I value about projects. And of course as the madman McAfee even said- privacy is the future! Privacy that is DeepOnion.
That is the truth, and I understand that many will disagree and even get upset- feel free to do so!
Good rant, Do with it as you may.
Have a great end of the year, and a happy new one!