"I am quite shaken of how Blockstream is defrauding people into buying BTC by misleading them they're buying a currency and not telling them they're buying digital gold instead."
I was looking at the bitcoin.org site recently - it's very misleading. It really applies much more to BCH than to BTC.
They don't even build "digital gold".
Its not a currency or Digital Gold. Both of these have many use cases.
Gold is used by many industries to make useful products.
btc is a ponzi...no use cases..its a scam.
I came here to say just this.
"Right at the top, the very first thing you see: "Bitcoin is an innovative payment network." Huh!? No it isn't. It's not even for payments at all. It's for settlement. in the BTC world
LN is for payments and Lightning is inherently multitoken.
What about the blatant lies being told on the bitcoin.org website?
Right at the top, the very first thing you see:"Bitcoin is
LN is for payments and Lightning is inherently multitoken.
What about the blatant lies being told on the bitcoin.org website?
Right at the top, the very first thing you see:"Bitcoin is
an innovative payment network." Huh!?! No it isn't. It's not even for payments at all. It's for settlement. in the BTC world, LN is for payments and LN is inherently multitoken.
Then it goes on to claim "Fast p2p txs" and "Low processing fees".
Huh? It's like they're describing BITCOIN CASH not BTC.
BTC is intentionally limited to drive up processing fees
and create a permanent processing backlog so that transactions happen offchain. . BTC Core literally argues that BTC should not be used for payments and Core supporters argue that
spending a deflationary currency is a dumb idea in the first place.
The bitcoin.org website makes flagrant misrepresentations about Bitcoin to make people think
that they're buying the "payment" version of Bitcoin (which is now Bitcoin Cash)."
What does the Trust Graph mean? It gives me an idea for complex queries on the blockchain: reputation system based on mapping connections between users according to follow/rating.
Yeah, that's basically it. It's a web of trust based on ratings and follows/mutes
