Jeff Berwick On The Bitcoin Vs. Bitcoin Cash Debacle
In this video, I talk with Jeff Berwick of The @DollarVigilante at Anarchapulco, 2018 in Acapulco, Mexico about the incredible success of this year's event.
Many people have been calling Anarchapulco a Bitcoin Cash shill fest. Meanwhile, the vast majority of people at the event believe in Bitcoin Core over Bitcoin Cash. Jeff explains the division and his personal opinions on the matter.
Decentralized blockchain technology is so incredibly unifying in bringing down the central banking system and cutting the strings the banks pull on every single coercion industry on the planet.
The market will decide which wins. The free market is all about competition and innovation. To be able to be the best and provide the best value for the buck. If Bitcoin prevails, that is good. If Bitcoin Cash prevails, that is also good. The free market is always right.
Instead of individuals dividing themselves over what individuals choose to invest in, people should rejoice around the idea of decentralizing the world and breaking free from the governmental and banking paradigm we're suppressed by.
Is Roger Ver doing this? Is Jimmy Song doing that? Who cares? Let's look at the fundamental value of the product at hand and stop wasting so much time focusing on mere voices within the movement.
See the FULL interview here:
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Yep! It doesn’t matter which crypto brings down the current system as long as it goes down!
Exactly! A message to unite behind!
Ya gotta see the big picture! 😆😂🤣
Great interview. Can’t wait for Anarchapulco 2019...
The hate from BTC supporters to Bcash supporters makes a lot of sense. A few months ago there was clearly an attack to take over the dominance of BTC and for a moment they almost managed to damaged BTC hugely. This was the biggest attack on BTC in its history and it came from crypto people itself!
The attack that I talking about was the cancelation of 2X, a huge social media Bcash shill storm, extreme spamming of the BTC network exactly at the moment that the EDA flaw in Bcash was causing hyper inflation that made mining Bcash way more profitable.
Because this FLAW Bcash was able to take 70% of the miners from BTC (so because of a flaw in combination with market manipulation, not free market forces!) This was a HUGE risk and the price dropped down from around 8000 to 5500 within a day. I am all in in BTC and Bcash supporters made my net worth drop by around 30% in a day because I am all in in BTC. Do I have a reason to hate Bcash???? HELL YEAH, they attacked my life savings by cheating and manipulation! F*ck Bcash!!!!
@michiel what do you think about Bitcoin Atom?
BCash doesn't exist. BCash is a proposed fork of ZCash.
Bcash Bcash Bcash
You know there are people who held their life saving in Bitcoin and that were furious on the development going nowhere except making things worse from their point of view as well right? For some of these people Bitcoin Cash as such was a life saver.
Maybe we should put those of you from both camps who like to yell and scream in the same room for a little while and then rest of us can go work on solutions together.
Is working on solutions together flagging comments without discussion or at least telling the reason for that behavior?
There is no requirement that everything we do is a collective action.
I downvote whenever I see something that paints with too broad a brush leading to great misdirection or harm for example and that's both my right as a stakeholder and also nothing anyone can stop. "Flags" is a Steemit specific concept that I don't think should be recognized just because we use the Steem blockchain.
Unlike on r/Bitcoin for example, here you won't be banned simply for expressing a positive opinion about BCH, or in fact for doing anything. But you are gonna have to deal with the votes of stakeholders with other opinions than you.
You didn't expressed a positive opinion about BCH and didn't do anything either. You just flagged instead of having a conversation with some arguments.
But whatever. I don't think it's worth talking to you furthermore....
I've expressed myself enough in comments here already. Also, downvotes are indeed a form of expression.
Edit: Ok, I've left a comment under your initial message here now just to explain some of my disagreements if they were not already known to you.
But that's enough for me currently. Leaving comments to explaining every action takes precious time out of my day, as I'm sure it does for you too.
I like both BTC and BCH, I think for now they have different use cases, BTC is currently used as a store of value, whereas BCH is used a digital cash with fast transactions and cheap transaction fees. I don't say it will always stay like this, but for now it is.
Gold is only valuable because it has a use case. A store of value is valuable because it has a primary use. Gold is useful as currency, electronics, jewelry, teeth, etc. So it makes a good store of value. Nothing is a store of value if it doesn't have a primary use. Bitcoin Cash is both a store of value and a useful cryptocurrency. Bitcoin core is losing it's store of value. Because it's not a store of value if it doesn't serve a higher purpose too.
Roger Ver is selling BCASH as BTC on bitcoin.com.
He is just poison for the whole crypto scene.
I won't defend or explain Roger Vers actions here. He can speak for himself and he's far from perfect.
"BCash" was a term introduced to confuse users about what Bitcoin Cash is, which has been excused from the start by claiming that it's fair since Bitcoin Cash is "confusing users about what is Bitcoin" and "stealing the name" etc. Participants in the anti-"Bcash" campaign created fake social media accounts, fake subreddits, spammed "Bcash" all over social media etc, just to make sure no one called it anything "Bitcoin" and so that information would be scarce and misinforming.
There had been plenty of non-controversial projects previous to BCH that used the "Bitcoin" name and in fact the full name Bitcoin Cash was chosen specifically for the purpose of not confusing further by simply calling it "Bitcoin" right out of the gates. It remains no secret however, that many Bitcoin Cash users consider it to effectively be Bitcoin.
Personally, I wouldn't mind the name, except there has already been plenty of E-Cash projects previous to Bitcoin Cash that actually used that particular name. Examples would be variances on Bmoney and some payment processor companies that have nothing to do with distributed networks.
I've still got more BCH than BTC! Let's go Roger Ver!
I would be neutral on BCH if it hadn't been pumped by every shady trick in the book in order to sell an altcoin to intentionally confused people, esp noobs.
The fact that Berwick was willing to overlook all of that because of the dangling carrot of 'blockstream : Bilderburg : yada yada' has greatly reduced his credibility on things crypto and probably everything else. He made an emotional decision and probably led a lot of folks down a dead end path.
Bitcoin Core Supporter Tony Vays and Jimmy Song did not show up.
Interesting. (Minute 4:40)
And Vays called POS Berwick out as a scammer. Which he is. 100’s thousands stolen from people and never returned. He is the most dangerous type of scammer as he is good at what he does.
His "Galt's gulch" project was a total scam.
One of many.
The man is a flim flam, Janky promoter.
if he is a scammer, why does he still has good ratings?
They were even offered free travel tickets and free lodging, and in good will for a dialogue, yet failed to show up. There was one Juan, keep saying the domain name bitcoin will confuse others. Its rather silly and annoying, perhaps even childish. I will register JuanSGault dot com then write something. Does it mean it will confuse people? Rhetorical question.
Yes it does confuse people. This is like Pepsi buying Coke.com to sell Pepsi, get it? Obviously not, another rhetorical question in the bcash trash book!
Bitcoin was taken over by oppressive, special interest group so it had to be saved by creating BCH....
I would hesitate to call them special, but they definitely have an agenda. They are a bad interest group. Have you seen the involvement of who infiltrated Blockstream?
Do you get a chance to ask Jeff about the scams he is involved with?