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Comment by aulani | Hacker News Reader

> Bitcoin Cash: Bitcoin for P2P payments

Bitcoin... is for P2P payments. The literally only difference between Bitcoin and Bitcoin Cash is block size and segwit. Your descriptions are partisan and disingenuous.

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> Bitcoin... is for P2P payments. The literally only difference between Bitcoin and Bitcoin Cash is block size and segwit. Your descriptions are partisan and disingenuous.

... and different community, different ideals/goals, different features approaches, incompatible protocols (replay protection, difficulty adjustment).

Please be constructive in your comments, suggest how to improve things rather than disagree and hit submit.

If you wanna go there, it's obvious Cash is basically a money grab for Ver — made apparent by the fact r/btc won't shut up about r/bitcoin while the latter cares about actually improving the network. Same tactic used by r/The_Donald against r/politics.

Oh yeah, and since you're so knowledgeable and pc I'm surprised you forgot Cash almost didn't have relay protection.

> Same tactic used by r/The_Donald against r/politics.

And yet the irony of it all is that the reason some r/bitcoin users migrated to r/btc was that any discussion even remotely critical of core's decision would get literally removed or downvoted into oblivion, creating a de facto echo chamber that you very conveniently decide to ignore. Just like how T_D readers were forced out of r/politics in the first place.

edit: and regarding your "Bitcoin is for P2P payment claim". yeah sure, as long as you don't mind paying an average of $10 per transaction to make it happen in a reasonable amount of time. the days of the changetip mania on r/bitcoin sure seem long gone.

That's some serious orwellian doublespeak.

Critizing someone who has issue with a 4 word description of something by saying "be more elaborate" is humorous.

Especially since it already has a more informative 2 word description: Wu-Ver coin.

And here we see the problem with 4-word summaries of very complex instruments. Any summary will be sort of true from one perspective, but missing a lot, and probably wrong from other perspectives.

Cryptocurrency, like rocket science, is complicated and dangerous. It shouldn't be attempted to be understood in 4 words

That's what I thought as well...until I looked at the fees and saw $6. After that I knew bitcoin wasn't going to be to compete against other systems like BCH where the fees are low. If I am going to buy a coffee, there is no way in hell I am going to pay $5 + $6 processing fee. No thank you. The fees for BCH is like 10 cents which is completely reasonable.

BTC will be digital gold. BCH will be the P2P payment system IMO. Both can coexist.

No. The vision of Bitcoin is as a settlement layer. Just go ask the Core developers.

Bitcoin has way too high transaction fees atm. BTC Cash on the other hand has more acceptable fees for P2P payments.

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