Crypto is back and so am I. If you didn’t buy the dip you still can.
Bitcoin Cash has run 110%+ recently and is gearing up for a May 15th hardfork to enable new functionality in the form of opcodes. In layman’s terms, opcodes enable BCH to do anything any alt coin can do now. It’s Boolean logic. IF….THEN type logic. This means your favorite alt coin just got obsoleted.
“Bitcoin is Turing complete. This means Bitcoin can perform any function related to a payment you can do with a high level programming language.” -Satoshi’s Vision Conference, Tokyo 2018
PROGRAMMABLE MONEY. Plus more. And not that ETH crypto kitties BS. We’re talking about contracts built on a network that can scale.
Also, there is a lot talk about privacy on the BCH chain. Oblivious transfers and threshold signatures. This tech can make BCH private, anonymous and easier to protect. Transfer anonymously, recreate private keys, change every address with every block. This makes BCH anonymous and safe. Public blockchain transactions are optional.
So, can BCH eat every alt coin for lunch? Is privacy and anonymity months away? What would that do for it’s utility and value? Watch this talk from 2017. Google everything you don’t understand. This is THE roadmap laid out for the world to see. (be warned, Craig Wright’s delivery is direct. Listen to the message and set aside your thoughts on the delivery):
What’s the risk? Well, the hard fork could fail. Craig Wright could be full of shit. The hype may be just hype. Shooting straight, there will probably be a mix of all of the above. And it won’t matter.
While BCH has done all of the above BTC has bet the farm on Lightning Network to scale Bitcoin. Being as objective as possible all I can say is LOL. Lightning Network has so many risks it’s more of a new set of difficult problems rather than a scaling solution. The Bitcoin Civil War is not worth rehashing here but all I’ll say is the coin that is poised to capitalize on BTC’s failure to scale is BCH.
I think we’re on the verge of grand larceny for BCH holders. We are going to rob alt coin holders then kick them down an open manhole. I find no other alternative acceptable than to be 100% at risk. All chips on the table, poised for greatness or heartache.
With the exception of a 10% holding of EOS I am all in on BCH. I sold my Monero in the past 48 hours (I have a bull market target on XMR of $600 yet it did not live up to my personal risk/reward ratio).
Also, Kanye is back on Twitter. Follow him immediately.