RE: Bitcoin Cash is the new Bitcoin? Programmer explains. by mitrado

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bitcoin · @mitrado · Nov 12 '17

That's exactly the main point of the debate. The Bitcoin guys want BTC as a store of value, but Satoshi never wanted that, he wanted it to be a means of payment (aka currency).

Meanwhile the BCH guys want to stay closer to Satoshi's vision, making it a currency with fast transactions and above all, very cheap fees.

So... The battle continues.

👍 nateinsav, igster, lee-hanson

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@nateinsav · Nov 13 '17

How will either bitcoin (BTC) or bitcoin cash (BCH) remain dominant to IOTA?  IOTA is feeless and faster because of the inherit use of the Tangle node datastructure...  IOTA minerless.  The only fee paid to use the network is proof of work (POW) on two other transactions to attach your transaction to the network data structure.

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@mitrado · Nov 13 '17

You're right. But as investment, I am not in love with it..  Nor with any token with Billions of supply.

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@nateinsav · Nov 13 '17

I'm not in love with IOTA.  I do see the value in its disruptive technology to the crypto space.  Billions of supply will be needed by a coin to truly serve the masses as an accessible currency.  I don't see the fixed supply as a drawback once it dominates the crypto space for the reasons I stated earlier.

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