yboutros

I wish more guys just said they didn't know something instead of clearly not knowing what they're talking about and running their mouth based on vibes

I'll look into LN more, I'm familiar with the centralization concerns (but still think they're able to be mitigate until more upgrades), but am not familiar with the costs you're bringing up. Fee estimators notoriously round up, I've never spent more than a dollar but that's anecdotal

BCH is still an attempt at centralization from bitmain, a company which literally installed kill switches in their miners without telling anyone, and ran botting attacks in /r/Bitcoin and /r/BTC during that fiasco - the hard fork they created is absolutely more centralized than Bitcoin

There will be a time to do something as risky as hard fork for a block size upgrade, but to do it for the sake of just one upgrade that serious doesn't make sense to me. If a hard fork must happen there might as well include other bips that necessitate a hard fork like drivechain.

Soft fork upgrades which enable more efficient algorithms like schnorr / SegWit in the meantime have scaled tps without having to waste block space. Bch is cheap because there's no demand or usage.

Fiat makes itself obsolete

Bitcoin cash was an attempt at centralized control by Jihan Wu. Just because the block size is bigger doesn't mean it's better for decentralization. In fact, the increased costs of maintaining a node just makes it harder for people in (typically poorer) oppressive countries to self verify

They are still increasing the TPS, lightning network isn't perfect, but it can scale beyond visa until more upgrades are implemented

Russia (allegedly) has elections too however