That branch of Bitcoin that we call "Bitcoin Cash"

I am convinced that Bitcoin Cash (BCH) is the best version of Bitcoin. I did not come to that conclusion through a religious experience, far from it. After years of reflection, I remain convinced that BCH is not only consistent with Satoshi's proposal about what Bitcoin was and how it should scale, but it also seems to me that Satoshi's own position is consistent with reality ( that is, he was right ).

For Satoshi Nakamoto, the technological solution described in the Bitcoin whitepaper addressed the need for a decentralized and censorship-resistant means of payment, and as he presented it, a network that does not depend on the goodwill of its participants, but on the economic incentive that enables the honest ones to stand up to potential attackers (that we must always assume are there).

In essence, that is Bitcoin. And the security of that Bitcoin that was in the mind of Satoshi Nakamoto does not rely on a user running five non-mining nodes, but on its proof of work system (POW); that is to say, it is a Bitcoin whose decentralization is manifested in the underlying infrastructure formed by the miners.

Miners, as part of this system, are reliable market agents, not because Satoshi assumed that human beings were naturally <<good>>, but because he knew that the principles of economics impose themselves on good wishes because they are a reflection (that we have come to know) of reality. It is clear then that I am not referring to the asset that everyone knows by the name of Bitcoin: I am not referring to Bitcoin-BTC.

The branch of Bitcoin that I defend

When I talk about Bitcoin in the terms I express in the previous paragraphs, I am referring to the IDEA proposed under that name. An idea with a historical context that still has supporters. That idea is still alive in Bitcoin Cash (BCH). Whether Bitcoin maximalists like it or not, BCH is another branch of that project. It is the continuation of that approach and the way of thinking that the first bitcoiners had.

A branch that in 2017 became an independent P2P network from Bitcoin-BTC ( that is, a different cryptocurrency in terms of name) even knowing that this decision would involve having to rebuild much of the infrastructure and regain the adoption that had been achieved up to that moment. But also a branch that values those ideas <<classical>> enough to put them into practice.

That is Bitcoin Cash (BCH), and I am convinced of these ideas. The vision of the Bitcoin Cash branch of the Bitcoin project is worth it to me, because I know that its approach of BCH as decentralized money that can be used worldwide as a digital payment medium is what humanity will need in the medium and long term.</classics></good>

BTC2.35%
BCH3.01%
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