Has almost everybody lost sight of what Bitcoin was about?

[kwukduck]

I remember a time where Bitcoin stood for independence of the bankster and goverment system.
Satoshi envisioned a future where people were free to trade on-chain and not through some obscure third party solutions or corporations.
With years of change to the core team it has now transitioned into a Corporate Bankster cartel where the only thing that matters is keeping the blocks small so the users are forced to use their 'brilliant' off-chain solutions (aaand we're back where we began...)
Most people don't know this i suppose.
The only true Bitcoin alive nowadays is Bitcoin Cash, which is the only true independent implementation of Satoshi's protocol where transactions are immutable and on-chain.
It's a sad state of crypto that we are in in general when ideas like SegWit, which is just incredibly insecure, can be pushed mainstream this easily.

People need to educate themselves.

Yea go ahead call me a hater or shill whatever you come up with. It's all bs, all i remember was the vision we had for bitcoin many years ago and what has become of it.

Here you'll get an idea how corrupted this all is
https://i.redd.it/15auzwkq3hiz.png

[1715291996]

1715291996

[1715291996]

1715291996

[junoreactor]

Hi kwukduck. Good point, it looks like is getting more centralized, with countries now regulation Bitcoin or willing to regulate it (last news from Australia). It is actually boosting the price, but like you said, I hope the day will not come that Bitcoin become useless if it loses its anonymity qualities, and such.

Also, let's be honest, a lot of people who buy Bitcoin have no idea what Bitcoin is, and they buy it just like they used to buy stocks, to sell eventually.

[Iranus]

Satoshi envisioned a future where people were free to trade on-chain and not through some obscure third party solutions or corporations.

You are free to trade on-chain.  The Lightning Network is not in mainstream use yet, and even SegWit transactions are a minority at approximately 15% of transactions right now.

SegWit transactions are still onchain anyway.

Here you'll get an idea how corrupted this all is
https://i.redd.it/15auzwkq3hiz.png

That image doesn't seem to contain any meaningful information.  It's just a lot of very vague connections that don't at all show whether any of those groups are working together or supporting the same things.

[aso118]

Actually, the scaling debate has taken a back seat now. Everybody is bothered about the price and only the price. Nobody cares whether the blocks are full or if you have high transaction fees, as long as the price of Bitcoin is increasing.

[junoreactor]

Maybe that's why Ethereum has a good future too, more and more people are willing to buy ETH.

[shesheboy]

Actually, the scaling debate has taken a back seat now. Everybody is bothered about the price and only the price. Nobody cares whether the blocks are full or if you have high transaction fees, as long as the price of Bitcoin is increasing.

yeah, i believe most people dont care about other aspect of bitcoin or what is actually used for and what are  those blocks , nodes, mempool, segwit and other technical stuffs, etc. most people are only care about free money and how can they earn free bitcoins in signature campaigns and social media campaigns. people think that bitcoin is the solution to end world poverty and thats why the forum is now polluted with unhealthy topics and post.

[Lei Crypto bounty]

lets face it bitcoin cant have it all bitcoin needs altcoin to support the growing demand of cryptocurrencies, wether it be a free money schem or a pump and dump schem or legit one because of the growing demand maintreams people will still get a chunk out those altcoins. just my cent