Bitcoin being undermined

[AstuteShift]

This was shared by one of my friends who are crypto traders but are not zealots to bitcoin

Intro to the controversy.

These 2 videos break down specific names involved in keeping Bitcoin 1mb, so that Bitcoin can't scale. Lightening Network - 'the solution' - is centralized.

Roger Ver is a well known promoter of Cryptocurrency, Voluntaryist, and Entrepreneur.

24:20 - 31:30 Why Block Size Matters

41:30 - 52:30 Roger Ver's experience and observations inside the Bitcoin community of state actors being 'interested in' and infiltrating the community.

https://www.youtube.com/watch?v=hhyhlnSw45U

https://www.youtube.com/watch?v=5pHGi0nQMqs

The Elite' are bringing out CBDC's Central Bank Digital Currency. Which is centralized blockchain digital currency. 'Digital Gold' will sit beside their CBDC just like Physical Gold sits beside fiat currency.

There are crypto projects that do challenge the establishment, but it ain't BTC or the Lightening Network.

Projects that emphasize; privacy, decentralized governance, decentralized mining and validation, microtransactions, DApps built on-chain, etc.


Cliffs:

Big Block Bitcoin enables DApps to be built directly on the Bitcoin blockchain. It also enables scalability, and low transactions fees (less than 1 cent).

(Proof of the above can be found if anyone has used the forks of Bitcoin... Bitcoin Cash - which has less than 1 cent transactions. The BSV ecosystem - which has DApps built directly on their blockchain, and has low cost transaction fees less than 1 cent.)

Low cost financial, data storage, and media services via low cost DApps threatens 'the system'.

There was a big campaign to keep Bitcoin's block size small. Involving open and exposed employees of the state.

The campaign was successful, and Bitcoin has a 1mb Block Size limit. Bitcoin can't scale without centralized solutions like the Lightening Network, and Dapps can't be built directly on the Bitcoin blockchain.

Goes to show the top shadow players always win, always in this era

[Budge]

Goes to show the top shadow players always win!

Sorry AS, at the moment, I don't have time to watch the above but I amended your final sentence. I'd add the following: "Don't steal! The government doesn't like competition."