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0 sats \ 4 replies \ @cleaningup12 18 Jan \ on: Why I'm Bullish 5: Open Source Money bitcoin
I'm no way into bch but shouldn't a foss fork complement each other if the bcashers network were to gain more traction, there's no reason why retailers in the future couldn't accept btc & bch?
Would it be any different to them accepting visa, mastercard and Amex as they do currently
When running a node becomes just as normal as running a chip and pin terminal, couldn't the retailer offer payment in either iteration?
BCH was a failed hard fork, not a soft fork which mean they went separate ways. Hard fork = other blockchain other money
Soft fork = still same money interropable
Running a node can be normal and easy if blocksize stay small and limited so less resources is needed to maintain it, that's not the case with big size blockchains
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I see! thank you for explaining 🙌
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there's no reason why retailers in the future couldn't accept btc & bch?
Would it be any different to them accepting visa, mastercard and Amex as they do currently
This is apples and oranges isn't it? BTC and BCH are like two different fiat currencies. Visa and Mastercard are second or third layers on fiat. Not currencies. Lightning or another L2 would be more like the credit cards systems.
If a retailer accepts multiple cryptos (some do) then they have much more to manage or outsource vs. one. As BTC gains dominance it simplifies so many things.
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Yes true, I learnt the soft hard fork thing as per previous poster, the absolute main thing to take from this, is SN has actual engagement from highly educated plebs, founders to normal stackers like moi, and that is the reason I love this
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