Massively upvoted post on /r/cryptocurrency recommends new users to keep their coins on an exchange. Why? High fees as a result of tiny block-size limits. This is how fractional reserve banking begins. This is why we must keep fighting for BCH. The world needs p2p cash, not more debt instruments.

The post:

This is exactly what big-blockers warned about years ago. Small blocks lead directly to custodial ownership of coins. Small blocks do nothing to disrupt finance.

Fortunately, we have enough principled people that understand this and have kept the vision of actual p2p cash alive through BCH.

submitted by /u/timepad
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