Bitcoin Cash is what I started working on in 2010: a store of value AND means of exchange.
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Isn't there a trade-off between the two? Store of value can live with high variable costs (transact more rarely), but benefits from high decentralization (high fixed cost). Medium of exchange needs low variable costs, but that comes at the cost of more centralization?
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High validation costs lead to centralization (think anti-counterfeiting for paper money) or infrequent transactions (eg gold).
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Soooo what's your answer?
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Replying to @gavinandresen
Will you become a Bitcoin developer again? Sounds like they're keeping a spot open for you: reddit.com/r/btc/comments
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how is this not the most manipulative price action we’ve seen in crypto ... ever?
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Bitcoin sucks now. I don’t even recognize it except when I use BCH. Since 2013, I was a BTC advocate, but now I can’t even use it, and Core calls my transactions “spam.” I didn’t leave bitcoin. Bitcoin left me. How is slow/expensive a feature?? Good grief...
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False: Bitcoin-cash is a pump and dump altcoin profiting from chaos and confusion to extract value from the Bitcoin ecosystem to deep-pocketed masters of manipulation
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Taking advantage of the people we need to make cryptocurrency the default in the world. I would not mind if they promoted on merits, but manipulation of markets causes confusion and fear amongst newbies we need.
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maybe you and Mike Hearn can come back on the #BitcoinCash team. hey, even Michael Jordan came out of retirement. just don’t do baseball 😎 #StoreOfDrama
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