Bitcoin vs. Bitcoin Cash: What’s the Difference and Which Is Better?

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5 points·hggh··4 comments

Thanks for this OP, I've been looking for an easy to read comparison, I purposefully stayed out of these types of debates since I only understand blockchain at a high level.

(Matters of opinion aside, collecting the facts that drive one position or the other in one place, in readable English, is useful work.)

It covered some real ground but it still felt vacuous to me.

What I find interesting about blockchain articles is that they so often involve asking questions or people confessing their own confusion about a topic such that it makes me think about Milton Erickson's "confusion" technique

http://lermanet.org/scientology/confusion-technique2.html

the idea is to elicit a state of confusion to soften people up and bypass conscious resistance. "How can so many people hate cryptocurrency? You know there's got to be something there when so many brilliant people like Paris Hilton and Jimmy Kimmel are talking about it."

I doubt these people consciously know anything about hypnosis but instead they bring into existence a collective unconsciousness by simply copying each other.

Yeah my main gripe is that people pretend to misunderstand basic stuff like 10K limits[1] and structuring, when there may be a legitimate gripe that some of the tax implications of turning crypto into cash or using it as currency, rather than treating it like a pokemon card you bought then resold at a markup.

(If my CURRENCY changes value by 30% I don't pay a tax, the tax is the inflation, because it's currency. But I'm not a CPA, so take what I say with a grain of salt.)

[1] https://en.wikipedia.org/wiki/Bank_Secrecy_Act#Reports

Apple iPhone vs $5 Chinese iPhone clone: what's the difference and which is better?

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