I think it's clear by now that when BTC becomes less usable because fees go over a certain value, that people prefer to use BCH over the Lightning Network.

This means that every time BTC hits a cap, there is some growth on BCH ... which long term means all the growth will be on BCH and less and less will be on BTC.

That's what happens with systems that are not allowed to grow naturally. Live finds a way. In this case life found a fork.

It's called evolution. Deal with it coreons. Cause in the future Bitcoin will either end up with no transaction volume or one so large it can only be done on BCH.

However the TPTB have managed to push back adoption by a good 10 years. And for that, I give em credit. Them assholes are pretty smart. I wonder what the 20 - 40 years consequences will be on this 10 year delay in adoption. There is still a block reward going down curve that needs to meet a tx reward going up curve and if one of them is shifted to much there will be a period where Bitcoin might not have enough incentive to be secure.

So they might have created themselves a weakness in the future, getting ready to destroy the chain when block reward has run out faster then tx reward has replaced it.

Just like the NSA puts weaknesses in encryption protocols, this is the exact same thing. An economic weakness they successfully managed to put in to Bitcoin.

Of course by now it should be clear that Bitcoin will corrupt TPTB more then the other way around. No power wants to destroy Bitcoin anymore, they want to control it, own it ... use it for their own purposes.

It will be the beginning of their loss of power, the beginning of the end of the nation state.

Written by: Kain_niaK
Source: https://ift.tt/2YLY5CX