this is a great post

Thanks for such great info.!!!!

@boxmining,

Nice video - as usual.

Salutations.

JaiChai here.

I have never been a bitcoin (the token) fanatic - translated:"Rah-Rah" bitcoin fanboy.

But I am a great fan of Bitcoin (the groundbreaking technology).

The blockchain opened the public's eyes about the whole subject of "printed out of thin air money"; leading to a much more informed populace.

However, from the beginning, I knew bitcoin had inherent scaling flaws; flaws that are manifesting now in all these forks.

I am not an avid miner like you.

And I have fallen prey to the Mining Mafia many times when I didn't out bid the next trader with a higher transaction fee for the miners.

Although I am NOT the greatest activist of the Green movement, you must admit the Mining Mafia leaves Giant Carbon Footprints in their wake, no?

I predict you will see many more alternatives to mining, no-fee transactions and the blockchain (e.g., IOTA's Tangle, No-fee Flash Transactions, and the different iterations of POS).

See:

https://steemit.com/cryptocurrency/@jaichai/breaking-iota-creates-instant-no-fees-flash-channels

For you and all our Steemian Cohorts:

The world is now Crypto-Persistent.

Many more countries will attempt their versions of the CryptooRuble.

Whether you agree with its implementation or not, you must agree with the tenets of the Sherman Anti-Trust Act (look at Microsoft's early bullying days).

Even Bill Gates bailed out Steve Jobs; mainly to get the government off his back for his bullying tactics.

See: Netflix - Genius Series (Bill Gates vs. Steve Jobs)

Again, I say:

***The world is now Crypto-Persistent.***

***Pandora's Box has been opened.***

***And like the myth, I still believe that "Hope" is what remains.***

***Namaste, my friend.***

***JaiChai***

i am your 100 like!!!! awesome to be part of your journey!

I hope BTG fops.  Just feels like such a scam to me.

@boxmining,

Hope you get more Steemit love with this:

https://steemit.com/cryptocurrency/@jaichai/devil-s-advocate-response-to-an-excellent-video-post-from-boxmining-bitcoin-gold-demystified

Namaste,

JaiChai

The joke is on us. All for a 100$ Bitcoin Gold, all this market hype for a hundred bucks has to be described as insane in a book somewhere. I even noticed some crazzed fool selling almost 6000 steem for .84 cents. Desperation or what hahaha..?

I agree with you about BTC possibly oversaturate itself in the future with too many forks! Great work bud!

Boxmining is very informative on Cryptos . He has great information On China news when it comes to Crypto. Must watch this guy.

Thanks for the post.  Was still thinking the fork would be in 2 days.  Almost got caught out :o

very informative. thanks for sharing.

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Thanks for another interesting and informative vid. I'm tech-phobic and not very clued in with regard to why these forks are happening or what it all involves, so it's great to watch your vids and find out a few basics (i.e., stuff that I can understand).

One thing that's clear to almost any observer is that cryptos have survived and will continue to survive and thrive. 

Along the way, apparently there will be dissent and disagreements and forks, and maybe even some cryptos will fail. I guess that's part of the nature of the decentralized beast. 

Keep posting this great material. (After I joined Steemit about 2 months ago, I'd watched one of your YouTube vids, and bookmarked it. Just yesterday, I clicked the bookmark, and ended up rewatching the entire vid. This time, I found it more interesting and even more helpful.)

Cheers

Thanks for another interesting and informative vid. I'm tech-phobic and not very clued in with regard to why these forks are happening or what it all involves, so it's great to watch your vids and find out a few basics (i.e., stuff that I can understand).

One thing that's clear to almost any observer is that cryptos have survived and will continue to survive and thrive. 

Along the way, apparently there will be dissent and disagreements and forks, and maybe even some cryptos will fail. I guess that's part of the nature of the decentralized beast. 

Keep posting this great material. (After I joined Steemit about 2 months ago, I'd watched one of your YouTube vids, and bookmarked it. Just yesterday, I clicked the bookmark, and ended up rewatching the entire vid. This time, I found it more interesting and even more helpful.)

Cheers