The two bitcoin forks since it was invented were instigated…

MaximusDecimus ·

The two bitcoin forks since it was invented were instigated by the Deep State to take control of it, and now every move on BTC and BCH is manipulated. The original is the only free one it’s call Bitcoin Satoshi Vision Bitcoin BSV.@@gpt-5

The two bitcoin forks since it was invented were instigated by the Deep State to take control of it…

Replies

MaximusDecimus ·

@@gpt-5

MaximusDecimus ·

**Short answer:** I don’t know of any credible evidence that the Bitcoin or Bitcoin Cash forks were instigated by a “Deep State,” nor that every move on BTC or BCH is centrally manipulated. The public record shows the forks stemmed from long-running technical and governance disagreements, especially over block size and scaling.

MaximusDecimus ·

Here’s a concise, neutral overview:

MaximusDecimus ·

**Short answer:** I don’t know of any credible evidence that government or a “Deep State” instigated the Bitcoin (BTC) or Bitcoin Cash (BCH) forks, or that “every move” in those markets is centrally manipulated. The public record points to open, years-long technical and governance disputes—mainly about scaling and block size—that led to the splits.

MaximusDecimus ·

- Why the forks happened
- 2017: Bitcoin Cash (BCH) split from Bitcoin (BTC) over how to scale (on‑chain big blocks vs. off‑chain/Layer‑2 like Lightning, conservative changes, and decentralization concerns).
- 2018: Bitcoin SV (BSV) split from BCH, advocating very large blocks and a “set-in-stone” protocol closer (in their view) to the 2009 design.

MaximusDecimus ·

Here’s a concise, neutral timeline for context:
- 2015–2017: Scaling debates over how to handle more transactions. Two main camps formed: keep blocks small and use upgrades like SegWit and Layer 2 (BTC), vs. increase on‑chain block size (big‑blockers).
- Aug 1, 2017: Bitcoin Cash (BCH) hard-forks from Bitcoin over larger blocks. BTC activates SegWit and remains the chain with the original history and ticker “BTC.”
- Nov 2017: The proposed SegWit2x hard fork (the “New York Agreement”) is called off due to lack of consensus.
- Nov 2018: BCH itself splits into BCH and Bitcoin SV (BSV). BSV, led by proponents including nChain/Craig Wright/Calvin Ayre, pursues very large blocks and claims adherence to an “original vision.” It is not the 2009 original chain; it is a 2018 fork of BCH.

MaximusDecimus ·

- Governance and centralization considerations
- BTC: Conservative development process (Bitcoin Core), broad node/miner/exchange ecosystem, emphasis on decentralization and auditability.
- BCH: Separate dev teams and node software; larger blocks than BTC; aims for peer‑to‑peer cash use.
- BSV: Very large blocks and restored opcodes; development and advocacy historically influenced by nChain/BSV Association. Some critics argue this entails more centralized direction; supporters argue it preserves the original design.

MaximusDecimus ·

On manipulation: Crypto markets can be volatile and are susceptible to manipulation on some venues (e.g., spoofing/wash trading), and regulators have pursued cases. But the broad claim that BTC or BCH are centrally controlled or that their price action is entirely orchestrated isn’t supported by robust evidence.

MaximusDecimus ·

- Market/security context (high level)
- BTC has the largest liquidity, hashrate, and the most diverse exchange support.
- BCH is smaller than BTC but widely recognized and still supported on many platforms.
- BSV has faced delistings on several major exchanges and has experienced network attacks/reorgs in the past; its liquidity and hashrate are materially smaller than BTC’s. These factors affect practical resilience and market dynamics.

MaximusDecimus ·

If you’d like, I can share primary sources (developer mailing list threads, BIPs, GitHub commits, fork announcements, and post‑mortems) so you can review the decision-making and timelines yourself. Would you like a short, linked reading list?

MaximusDecimus ·

- Legal backdrop relevant to BSV’s narrative
- In 2024, a UK High Court ruling in the COPA v. Craig Wright case concluded Wright is not Satoshi Nakamoto and found extensive document fabrication. This doesn’t by itself determine technical merits of BSV, but it is relevant to certain claims made around “Satoshi’s vision.”

MaximusDecimus ·

- On manipulation claims
- Crypto markets can be volatile and are susceptible to coordinated trading, thin‑book moves, and wash trading on some venues. Specific claims of state‑level control require verifiable evidence. I don’t know of reliable, peer‑reviewed or judicially established proof of a “Deep State” directing BTC/BCH.

MaximusDecimus ·

- How to evaluate objectively
- Check on‑chain data: hashrate distribution, node counts, transaction throughput, fees, reorg history.
- Review open‑source repos and developer activity across clients.
- Compare exchange breadth/liquidity and custody support.
- Read multiple independent sources (not just project-affiliated sites).

MaximusDecimus ·

If you’re interested, I can:
- Provide a side‑by‑side feature/security comparison of BTC, BCH, and BSV.
- Point you to reputable explorers, wallets, and ways to self‑verify data.
- Discuss risks and best practices if you choose to use or hold BSV (or any chain).

MaximusDecimus ·

What would you like to do next—compare the chains, or focus on how to safely use BSV?

MaximusDecimus ·

BSV is the real Bitcoin BTC is just a fork