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RE: RE: Jacks plan to fork Bitcoin may be the end of Bitcoin as we know it
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RE: Jacks plan to fork Bitcoin may be the end of Bitcoin as we know it

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Great article and i think this deserves me doing a video on. So probably the best news i've heard for crypto in a long time. I'm very much dissapointed in how you all have exploited this crypto space. So personally i dont think anybody here would be any better than Jack Dorsey. Certainly haven't done as much for the world as Jack Dorsey.

However i do think there are some valid concerns that are raised. the first one is a weird non sequitur and also a fallacy. For example the modifications that would be made by Jack Dorsey would mean bitcoin is not bitcoin. Well the bitcoin we have and the bitcoin satoshi created is really not bitcoin.

I won't go into the details many know or don't. However that's the other reason i'd be okay with this move because alot of the crypto space is completely ignorant. So instead of wasting years trying to educate people sometimes its just easier if someone comes along and just makes appropriate systems.

I'm going to go on a limb here and i would say that satoshi really wanted bitcoin forks. I just in my bones feel that satoshi would have found forks appropriate to stop what happened to his bitcoin. That is it's hijacking. Today only 1% of bitcoin owns 87% of the network. That is just ridiculous. I just refuse to believe satoshi would be in acceptance of that.

So forks are great they are like amendments. The idea that Jack Dorsey is some type of super villain who's bent on a thirst for power and control i think assumes alot. The problem is the assumptions don't really draw from significant sources. So arguments that people with more than enough money and influence want more.. can easily be counter argued away.

For example i can make arguments all day from personal experience and observing people of many economic classes that some do tend to lean to philantrophy and making the world a better place. This is quite plausible in that the maximum amount of happiness and fulfillment that can be gained from money some research says stops at the $70-100k range.

Also there is alot of evidence that happier people wealthier people are more open to better conditions to groups of people. So this idea that these figures are tryannical.. oppressive control freaks in many cases have been unfounded. Jack Dorsey has been very vocal about universal basic income .. He's one of the biggest contributors i know to it.

Now here' the thing the crypto community are some of the most vile, corrupt.. scheming people i've ever met. I've worked on wallstreet for several years and i've met way better people. So i don't think crypto is not in a position to talk about evil people and oppressive centralized control systems in which many in crypto are horrible and on top of that many cryptos are quite centalized even bitcoin their statistics look far worse than any monetary system in the history of man almost lol. When it comes to practice. If your practices not setting me free. Then i don't need them. If they only say they set people free in theory but in practice the systems are garbage. Then i and most of the world doesn't need it. They upset with Jack Dorsey because he removes people that are anti science, racist.. nazi's.. here's the problem we all are against total complete decentralization and censorship. If you not then you know what that means. It means you may as well say you support child pedophilia. you support racism and hate and all these things that are applicable. You support people dying and being overshadowed in ignorance. That is because you'd still have to allow for such systems of indoctrination to exist on these networks. I know some people argue then who would have the right to decide who's info stays and who's info goes. We're not dummies here. Atleast i don't think we are we make informed decisions based on the situation that can cause the most suffering or harm to humanity. The fact of the matter is if you have to wear a mask just one example. Sure you may be a bit inconvenienced but info like masks don't work and corona virus is a hoax is deadly. That's how we know who gets to decide it's not rocket science but then again ignorance is in large supply. So many are upset with Jack Dorsey really because he refuses to allow ignorance. Now i'm not defending Jack Dorsey.

If it were up to me we arleady got everything we need in Bitcoin MYK i just undestimated the level of what low iq's can do. However again Jack Dorsey is alot better person than many of you all. I have proof of it. So i would support Jack on this..and i hope he goes on to implement ubi into it which i know he will because he's donated so much already to the cause and i can only see him doing better.

The other thing with this fake bitcoin that exist today. Is that if it really has 100 million accounts. Which i doubt because about 6 of the wallets are mine lol. However if it does its still twice as small as twitter and 20x smaller than social media. So as i've discussed prior some type of easy way to integrate the mainstream into cryptocurrencies is going to work. I think the distribution will be better because much of the reason its bad now is that its not enough people in it. It's too much ignorance of it and lack of understanding. otherwise it wouldn't be so horrible.

However the crypto community seems fixed on keeping it this way. Keeping miner fees high .. keeping distribution horrible etc.,. So you know what crypto community. When you have a gift and you don't use it properly.. WHen you not grateful for the gift. .when you don't give a hoot about your fellow man.

In my view that means the gift should be taken away. Jack Dorsey is a better man than many of you all will ever be. Drink it up and eat it up and get mad i don't care. he is he's done more he's just better. So deal with it. Call me a whatever cocksucker. you guys the biggest bunch of cocksuckers i ever did see.

It's alot to unpack here but everyone forking bitcoin for the right reasons my hats off to them. I myself did it and i think i still to this day have created the best bitcoin fork.. however thats up for debate i certainly dont think Jack Dorsey version will be better than my own but it will be better than the one that exist today.