"If any of these forks had meaningfully gained ground relative to Bitcoin, the critics would have had a point. What’s the point of a monetary network which is undergoing a constant state of fragmentation?" - Nic Carter
Another great article from Nic and this one is right in line with the second episode of Shitcoin Insider, also now available for a deep dive into the sad state of Bitcoin forks! They said it would dilute Bitcoin, they claimed it would prove Bitcoin was, in fact, not scarce, but as infinite as any digital database that can be replicated over and over again. But what came of the forks? Did they really dilute the value and core attributes of the Bitocin network? Nic lays it all out in another excellent article at Coindesk.com. Don't miss it!
Check out the original to find Nic's other works and numerous great graphics and charts to illustrate his argument:
https://www.coindesk.com/bitcoin-trounces-bch-bsv-fork-wannabes
The mempool is nearly empty again! Now is the perfect time to explore a new wallet, find the best software to hold your own keys, and begin experimenting with Lightning! Start with an excellent mobile wallet with built in batching to save yourself a lot of future headache. Hexa Wallet is the only one out there, and has so many great features to explore. Check it out at hexawallet.io
"With Bitcoin, lives and money are at stake. Interruption of its service can cause a cascade of losses and unintended consequences for potentially millions...
"This context highlights the importance of the 1920–1921 depression. Here the government and Fed did the exact opposite of what the experts now recommend....
We make claims about Bitcoin's assurances all the time. It is censorship resistant, it's open and permissionless, it's counterfeit proof, etc. But are these...