I read the topic and don't quite understand the discussion,each about that much about what IR says guys, what Bitcoin fraud??? the fact that speculatii around the world go,it's not bitcoin to blame,and those who uprise a lot of money,manipulators and so on,view thatin the world is happening globally,now is tsifrovizatsii everywhere,even bitcoin already nachili to introduce into the public administration and services public,and private traders also started to implement it
Originally Bitcoin had certain parameters. When it started growing by leaps and bounds back in 2010, Satoshi added the line of code that devs could use to control the size of a block. Originally this block size change had been built into the code to change automatically. Why did Satoshi do this? He did it because he saw the problem of a bloated, congested Internet.
The communications of the world can only handle so much traffic. If you increase the traffic beyond what communications can handle, everything starts to break down. We go back to primitive ways in communications if the Internet and the rest of communications break down. This is exactly what would happen to the world if Bitcoin had not been slowed down during 2018, but allowed to clog world communications.
Why would it happen? Bitcoin only works with a tiny slice of global trade. But it operates through a much large part of communications size for size. Bitcoin wouldn't have to become anywhere near the size of fiat for the blockchain to clog communications, if the block size increased much beyond 2M. The 2018 process of maintaining a 1M block, and of increasing the miners' cut, kept the blockchain from increasing in size essentially overnight... where it would take down the communications systems of the world, but especially the USA.
The last month of 2017 (or so) saw a humongous, exponential growth of Bitcoin. Projections showed that the size of the blockchain would have outpaced communications somewhere in 2018, destroyed the fiat balance that everyone was trusting in, ultimately disrupted the world by disrupting the States, and harming loads of people around the world with the banking chaos that would follow. After all, the banks wouldn't be able to use a communications system that was being monopolized by Bitcoin transactions.
This would have been okay if the world were ready for collapse. But most people are living hand to mouth. A collapse of banking would bring widespread chaos, including lots of pain and death.
BCH, BSV, Segwit, and a few other altcoins are able to mine and transfer bigger blocks, just like Bitcoin could originally. And that is where and why Bitcoin isn't Bitcoin any longer, and BCH is nearest the original Bitcoin code. The ONLY thing that is saving the world from the destruction that BCH would bring by overrunning communications, is the small size of BCH. BCH is just a sliver of the size of Bitcoin, even though the majority of its blockchain is part of the original Bitcoin blockchain.
The Ligntning Network was suppose to take a whole lot of burden off the main blockchain by placing the majority of the blockchain onto localized sidechains. But it seems to be a more difficult thing than was expected... integrating the Lightning Network into Bitcoin and the needs of the people.
Communications are increasing with 5G and the 20,000 cubesats that will be sent into orbit. Although these communication methods will flood the world with microwave radiation (which might eventually kill off all life on earth), it is the increased communications from these two items that will make Bitcoin viable on large scale. Then block size can be increased, and Bitcoin can be allowed to grow safely.
At the time of this writing, Bitcoin has increased against the USD in the range of $1,400 over a 2 or 3 week period. Is this simply the nature of things? Or are the devs and miners doing a test on the communications of the few 5G towers and the few cubesats already in place?
