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Comment by JumpCrisscross | Hacker News Reader

I'll caveat my statements by acknowledging I'm an outsider to all of this. That said, it was my understanding that BTC's decisions regarding segwit were driven by the proprietary interests of Blockstream. Is this correct?

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Blockstream employees are involved in bitcoin development but so are other employees of other companies. Just a bunch of FUD if you ask me.

https://blockstream.com/2017/07/31/segwit-myths-debunked.htm...

https://twitter.com/morcosa/status/831618208289398785

https://twitter.com/morcosa/status/875695603455586305

Not sure what you mean by "BTC's decisions" -- it's a decentralized network that has A LOT of different stakehodlers -- some more important than others, some louder than others.

All humans are driven by self-interest, as far as I understand Blockstream employees are humans.

Edit: After re-reading my response, I wasn't trying to be a jerk to you, poking fun at Blockstream.

No offense taken! To clarify on what I mean by "BTC's decisions," the tale I've heard is that a small group of people control a lot of the messaging around Bitcoin, e.g. the sub-reddit and a site and a Twitter account. These people also had an economic interest in Blockstream. So they used the fork to promote a solution that benefits Blockstream.

Yep, that's pretty much spot on. R/Bitcoin is extremely censored (and the mod logs are not public). R/BTC is another discussion forum that seems to be more open (people from R/Bitcoin will say otherwise). You'd think they'd spend more time talking about all the amazing things blockchain technologies are going to facilitate, but they mostly just spend their time hating on the other group. Sad, but what do you expect, both groups are comprised of "humans on the internet"!!

All r/btc does is talk about bitcoin cash and brigade r/bitcoin

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