A few people have said this before me but they've been dismissed without much thought. Shoutout to /u/toro_ro for https://www.reddit.com/r/btc/comments/bdqzzb/bsv_delisting_is_setting_a_dangerous_precedent/ . He was exactly right.
The delisting of BSV is not a victory of the BCH community because it's not a battle we were allowed to fight in. We tried really fucking hard to fight in it too. From day one of the split, the BCH community was very publicly calling out the toxic speech and unethical tactics being employed by the two BSV figureheads. The exchanges didn't give a fraction of a shit what we had to say though. Not even when they threatened to STEAL MONEY from them.
Instead, the battle was fought between two dickhead with big opposing egos. One of those dickheads just happened to run an exchange. He finally put his foot down when the other dickhead threatened sue one of his BTC maximilist, lightning shill buddies. That buddy was as anti-BCH as they come. This fight had nothing to do with us.
Don't get me wrong. I'm happy with the outcome here but it came about for all the wrong reasons. Yes it's great that people are finally pointing at the giant narcissistic elephant in the room. What's not great is that exchanges have the power to make or break a coin on a whim. Especially when the largest exchanges are run by people who do not share our ethics or support our cause of sound money for everyone.
Now I'm not saying exchanges shouldn't delist bad actors. It's their platform. They should do as they like, period. The power that they have over coins is just an unintended ( and arguably undesirable ) consequence of us having built the infrastructure in the way that we did. Decentralized exchanges cannot come soon enough.
We can celebrate the delisting if that makes us feel nice but don't think for a second our actions caused it or that the exchanges finally listened to us. They did not. Also know that those same exchanges have been hard at work looking for data to justify doing to us what they've wanted to do since the day BCH was born: bleed us dry then suffocate us to death.
Written by: alwaysAn0n
Source: http://bit.ly/2Glwfov
No comments:
Post a Comment