Bitcoin Cash

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Bittylicious Policy on the UAHF / BCC / BCH / Bitcoin Cash / BitcoinABC fork

This will be referred to BCH in this short article.

Overall thoughts

Bittylicious considers BCH to be a waste of everybody's time. We believe that the market has generally decided that SegWit or SegWit2x is the way forward for now, and that efforts like BCH do not serve a useful purpose.

We do, however, believe that open source software is designed such that forks like this are created, and that having user choice is overall a good thing.

Bittylicious always judges technologies on their technical merit rather than political implications. We believe that SegWit solves many outstanding issues in Bitcoin and enables interesting technologies in the future. We also believe that a block size increase is a good solution in the interim to reduce pressures on increasing transaction prices. We do not care whether people think there is censorship going on, centralised control etc; we have judged these technologies on their code.

We also believe that if people don't want to use newly enabled technologies like the Lightning Network, they are free not to. Enabling technologies does not cause any issues; only disabling technologies does.

BCH on Bittylicious

Bittylicious has no intention of adding BCH as a tradable token on Bittylicious. We will not reimburse any BCH sent to a BTC address as we do not run the daemon or otherwise support BCH.