ben on Nostr: imagine thinking your change to bitcoin has no downsides. have some humility. ...

imagine thinking your change to bitcoin has no downsides. have some humility.

quoting note12dh…49wv

Misinformation
Drivechain is a strict improvement - it benefits all Bitcoiners and has no downsides.

Nonetheless, it has many enemies:

*Altcoiners (who want their alt investment to do well).
*The Anti-Alt Bitcoin Immune System (which is misfiring in this case).
*Rival L2s (who prioritize their equity/prestige, over Bitcoin’s success).
*People who are publicly known to be DC-haters, and who will now be humiliated if it succeeds.

Here are some of the misconceptions which they spread:

1. DRIVECHAINS BRING “SH&!COINS TO BITCOIN” 🤡

2. BIP300 WILL CHANGE BITCOIN INTO SOMETHING ELSE 🤡

3. MINERS CAN STEAL FROM BIP300 SIDECHAINS 🤡

4. DRIVECHAIN CHANGES MINERS’ INCENTIVES: 🤡

5. ALTCOINS ARE ONLY FOR SCAMMING, NEVER FOR INNOVATION! DON’T YOU KNOW?? 🤡

6. DRIVECHAIN IS FUNDED BY VCS! 🤡

7. WHY ARE PEOPLE RUSHING THIS??? 🤡

8. ISN’T BITCOIN ALREADY PERFECT?! WHY RAIN ON OUR PARADE? THINKING IS FOR NERDS!! 🤡

The common misconceptions are explained in detail here:
https://www.drivechain.info/misinformation/