All this drama about B*CH is eventually worth it because it shows the true strength of BTC. - Bitcoins

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Monday, 13 November 2017

All this drama about B*CH is eventually worth it because it shows the true strength of BTC.

All this drama about B*CH is eventually worth it because it shows the true strength of BTC.
/u/sirkloda

We will refer back to days like these as we are already doing if we think back to all the past forks and major hacks. Big part of my confidence about Bitcoin and therefore crypto currencies comes from the memories of traumatic events that shook off the weak and the greedy and just made our protocol stronger and more resilient. Every new attempt to kill Bitcoin requires even more strength and money, which is exactly what we're seeing in the current events.

I'd be willing to take an even bigger dip than this one because the gains in confidence and trust will be more important in the long run than a temporary decrease in price.

I believe that there is no way that a currency that actively wants to take over and destroy Bitcoin and its brand can peacefully coexist with Bitcoin. I think only one of the chains will eventually make it and guess what is needed for long-term success: confidence. And not delusional wishful thinking and aggressive behavior.

That' s only my two Satoshis.

submitted by /u/sirkloda
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