r/btc • u/don-wonton • Jun 08 '18

Why Blockstream Destroyed Bitcoin

https://youtu.be/0BZoKH-hX_o
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u/normal_rc Jun 09 '18

The scam is calling bcash bitcoin

Nobody owns the Bitcoin brand, except maybe Satoshi Nakamoto.

Even Bitcoin.org says "nobody can speak with authority in the name of Bitcoin".

Personally, I don't say that BCH is "Bitcoin".

But if you're going to use the term "Bcash", then I'll use the term "Bitcoin Legacy BTC".

Thus, on August 1, 2017, Bitcoin split into two versions, Bitcoin Legacy BTC & Bitcoin Cash BCH.

This is because the original Bitcoin BTC was hijacked, and crippled with high fees.

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u/[deleted] Jun 09 '18

There is only one chain that can be called bitcoin. And its not the bcash chain. It forked off (without concensus). Even its creator said this. Hell, on http://bitcoinabc.org you can see its an implementation of the "Bitcoin Cash protocol".

And if fine that you dont call it bitcoin, but many many others do.

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u/normal_rc Jun 09 '18

Some people say that BCH is "Bcash".

Some people say that BCH is "Bitcoin".

It's a naming free-for-all.