Just like Bitcoin, the value of 1 BCH is 1 BCH.
Every 'upgrade' (segwit, taproot) is a fork, implemented whether you like it or not.
Read the Bitcoin whitepaper and Satoshi's emails & blogposts.
Things never mentioned:
SegWit, Lightning, TapRoot.
Things that were mentioned:
Simplified Payment Verification (SPV).
Nodes run by large entities, like businesses & colleges.
Bigger blocks to scale.
Bitcoiners prefer UASF because they believe they have a vote. Yet, none of them remember 'voting' for lightning, ordinals or Tether. They only know how to continue to upgrade their nodes (oh yeah, very few run nodes) and accept the updates as if they were delivered by God, and not a handful of developers working for people who are heavily influenced by money from Blockstream, Blackrock, Tether, and very likely with strong influence from the CIA.
They believe liightning is amazing (again, maybe 2% run nodes), but that it's entire structure, with coming regulations, entirely mirrors the current banking system. Wow! What a win for being bankless!
From a principled standpoint, it's laughable, but humans are humans and human nature has a tendency to follow blindly.
Nothing is true, everything is permitted. You'll categorize me irrespective of what I put here.
You would have to imagine it's cheaper on Bitcoin. Yes, it will likely be cheaper than Ethereum (what isn't), but compared to Polygon it won't compete.
What do you get when you combine the speed and affordability of the #LightningNetwork with the worlds most popular #stablecoin? We are about to find out! 🚀
“With this announcement, we have the opportunity to bring hundreds of millions of users and trillions of dollars of stablecoin volume to #bitcoin and Lightning. Total USDT volume topped $10T on-chain in 2024, rapidly closing in on Visa’s annual volume of $16T. Once fully integrated, users will be able to make cross-border payments with USDT on Lightning that settle instantly and at a fraction of the cost of other networks.”
https://lightning.engineering/posts/2025-01-30-Tether-on-Lightning/
Bitcoin, like Ethereum, is an expensive network. You are obviously cheering this only because it's Bitcoin related and have little to no experience with stablecoins.
Not sure what I'm looking at here
As for price:
The entire wealth of the planet is currently $454T
https://www.visualcapitalist.com/global-wealth-distribution/
At $20M per BTC, 21M BTC would more or less equal that.
What you decide could be a possible value of Bitcoin in the future should bear some resemblance to reality.
As for it being used to back USD and becoming primarily an asset. That is definitely the trend, but not a good one. I see BTC being adopted globally as an asset as winning 50% of the battle. The other 50% is for it to be used as a currency.
If this fails, then we get government regulated currency imposed on us for the rest of our lives.
I want freedom money as well as freedom assets.
I want us to control the flow of currency, not government.
We have pretty much won the asset battle, we now fight the currency battle.
It is very possible for us to loose this battle.
#Monero for the win
After today's bitcoin news stories, are you still laughing.
Bitcoin has been overtaken by the US Dollar via USDT and El Salvador gave up on BTC as a legal tender because the IMF told then to. So much for financial independence and "be your own bank"
...or so you've been told.
The irony of your name is that BTC cannot be used p2p as a daily currency.
The idea that no chain can scale is delusional, hundreds of chains do just that.
After today's news I think it's clear Bitcoin is nowhere near decentralized, and definitely not censorship resistant.
Bitcoin Cash funciona. Período. É muito, muito mais próximo da invenção de Satoshi do que o BTC.
As transações de estados de paper branco devem custar quase nada, ponto a ponto sem uma terceira festa. Nenhum deles é verdadeiro para o uso do BTC como moeda.
Idealy, they would earn it. But Bisq is popular.
