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u/CashDragonX Redditor for less than 60 days 1d ago
You are in luck. BTC was hijacked and crippled by bankers in 2017, cypherpunks forked away from the failed project and created Bitcoin Cash (BCH) which is now the real Bitcoin.
It is literary a time machine to get a second chance at early Bitcoin adoption.
You're welcome.
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u/PhantomDP 1d ago
How has it felt watching btc rally 60x since then whilst bch lost most of its value?
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u/CashDragonX Redditor for less than 60 days 1d ago
Something you must understand. 99% of Bitcoin Cash advocates are Bitcoin OG's.
I clapped on more gains before you ever heard of bitcoin than you will in your lifetime,
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u/EndSmugnorance 18h ago
Honestly? It feels like people are easily propagandized.
I was here in 2017 when the fork occurred. Bigger blocks made sense to me. If we want Bitcoin to rival fiat currency, donβt we want it to succeed as a scalable currency?!
But miners realized they could make more money on transaction fees if they kept small blocks. Too bad! About 60% of hashpower remained on the BTC network which meant the new chain had to rebrand. It took a while for this community to settle on the βBCHβ ticker.
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u/Dune7 1d ago
Better than not preserving Bitcoin as p2p cash at all, since BCH weathered all attacks so far and is busy recovering price wise. The value has increased too, but it was always there, even when the p2p electronic cash system was still called 'Bitcoin'.
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u/PMmeuroneweirdtrick 1d ago
Yeah I'll take the 60x gains
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u/CashDragonX Redditor for less than 60 days 1d ago
60x is pathetic. I was CPU mining Bitcoin like a dragon back in 2011.
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u/Dune7 1d ago
Those times are over on BTC.
Fortunately, the rest of the world gets another chance at having a p2p cash system.
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u/GroundbreakingKing 1d ago
Nah, it's never a "too late" investment. Always a good time because the money printer never stops.
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u/Bitter-Entrance1126 1d ago
Yeah, I know that. What would you say about someone that got in 2025, wishing they got in as far as 2017 or even before
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u/Creepy_Emergency_412 1d ago
Yeah. This is so true. If we know what we know now, I would happily go back in time just to stack BTCs!
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u/Clear_Hawk_6187 1d ago
Not really. That's the dream of speculators and as this meme nicely captures, it is sole purpose of BTC - to lure greedy people to speculate on price.
If cryptocurrency is to become money, the price per unit shouldn't matter as it is just means of exchange.
Do you see your local shopping centre accepting any cryptocurrency?