Calling Bitcoin Cash the “real” Bitcoin is straightforward fraud, and will financially wreck many new investors entering the ecosystem by buying a fake coin. So, exposing frauds is a nice thing to do for other people to prevent them from falling for those scams.

Calling Bitcoin Cash the "real" Bitcoin is straightforward fraud, and will financially wreck many new investors entering the ecosystem by buying a fake coin. So, exposing frauds is a nice thing to do for other people to prevent them from falling for those scams. submitted by /u/readish
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Bitcoin

Those who doubted or were ignorant to Bitcoin before, are complaining about early-adopter bias and unfair distribution now. (reddit.com)

You can’t have it both ways. You don’t get to dismiss or ignore a technology until it is ubiquitous worldwide; and then claim you should have been included earlier; You don’t get to claim that it’s unfair that those who chose not to dismiss or ignore Bitcoin, are now financially successful. Everyone had an opportunity to buy Bitcoin early. And you still have an opportunity to buy now. If you think the price is going up, if you’re so sure that this new class of rich people are going to…

Bitcoin

BIP148 looks to be a total victory – Thanks to all those involved!

When you make a demand, and not only is every part of your demand met, but even more is given, that is the ultimate success. BIP148 advocates demanded that miners signal segwit unanimously by Aug 1. With the activation of BIP91, that goal appears to be imminent. As of writing this, all pools appear to be signalling.

First, I would like to thank /u/shaolinfry for his inspiration in the formalization of UASF and BIP148. Without him, we wouldn't be here.

I would like to thank Charlie Lee for getting the ball moving on Litecoin. Seeing the power of a UASF in action gave a lot of courage to the rest of us.

I'd like to thank Samson Mow for his hat campaign (and a hat)! These hats grew larger than life and became a symbol of a movement.

I wanted to give a special thanks to /u/luke-jr for being such a strong advocate and making such a convincing case for BIP148. I was ready to give up until I was inspired by Luke and became more inspired than ever in this fight.

I'd like to thank /u/lightsword for getting BIP91 into btc1. Without his efforts, btc1 would never have been able to activate SegWit.

Lastly, I'd like to support all the users who have been supportive and advocates for BIP148. You did this. Without help from Core (in fact, even many members of Core battling us), without the help of mining pools, you forced the miners hands, forced the NYA to comply with BIP148. Without such strong activism, BIP148 would have been ignored.

The story of SegWit will no doubt be twisted by those seeking glory. We all know the truth. We all know that the entire reason for BIP91 in btc1 was due to BIP148's threat. They will give a few miners a way to save face while the other miners will simply run a patched Bitcoin Core. We got everything we wanted.

I've seen a few /r/btc sockpuppets also trying to claim victory, claiming they fired Core. If anything, the success of BIP148 shows that Core is not in charge and the community is. No one can fire volunteers. Their dishonest claim of victory is apparent – they have gotten NOTHING out of this. They opposed SegWit, yet SegWit is inevitable. They wanted a hard fork, and the hard fork can be safely ignored. They wanted larger blocks, and they are getting the SegWit compromise of using block weight. The only thing they got was a new client (of which there already were dozens) that will likely be abandoned soon. There are no competent developers (other than Hilliard, who was simply getting BIP91 in) working on the project. They have little understanding of how Bitcoin works and even required being bailed out by Core a few times to even get something functional. The only thing they got was a miner commitment to hard fork (miners have done this before, yet I see no hard fork),and a few businesses saying they will hard fork. Even if there was a hard fork, its far from what they actually want – they claim 2MB blocks are too small anyway..

But we must stay vigilant. They will try to spin this as a mandate for a hard fork. We must be prepared to ignore it. The good news is, no one can force you to support a hard fork. So celebrate, but make sure to share the truth. They will claim victory, and claim they are in charge now, but in reality, we all know who is – you are. Don't give that up.

submitted by /u/ricco_di_alpaca
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