The Bitcoin Whitepaper Chronicles - /biz/ (#60518359) [Archived: 1043 hours ago]

Anonymous ID: pvS4Xv8N
6/18/2025, 3:40:48 PM No.60518359
GVnT3lqbgAEcSYb
GVnT3lqbgAEcSYb
md5: 7d248bd4c9d4aade9f5d2d345939810d🔍
Bitcoin drifted. Litecoin stayed the course.
The whitepaper said one thing. BTC became something else.
Here are 10 quotes from Satoshi that show why Litecoin is the true heir.

>"A purely peer-to-peer version of electronic cash..."
Litecoin is used daily on-chain. BTC needs custodians and Layer 2.
LTC fulfills the original vision of digital cash.

>"What is needed is an electronic payment system based on cryptographic proof..."
Litecoin has MWEB. Bitcoin dropped privacy.
LTC keeps things trustless.

>"The system works by timestamping transactions..."
Litecoin confirms in 2.5 mins.
Bitcoin takes 10 and often punts users off-chain.
LTC stays usable.

>"Once a predetermined amount... the incentive can transition to fees."
Litecoin has low fees and remains usable.
Bitcoin priced out users.
LTC keeps adoption alive.

>"Nodes can leave and rejoin... accepting the longest chain."
Litecoin is light. Easy to run.
Bitcoin is heavy, complex, discouraging full nodes.
LTC supports decentralization.

>"... proof that it came from the largest pool of CPU power."
Litecoin uses Scrypt. Mining stays more decentralized.
Bitcoin is dominated by ASIC cartels.

>"The system is secure as long as honest nodes..."
Litecoin’s hashpower is more distributed.
Bitcoin’s is captured by industrial pools.
LTC stays closer to the whitepaper.

>"Rules and incentives can be enforced with this consensus mechanism."
Litecoin activated SegWit and MWEB smoothly.
Bitcoin ossified.
LTC evolves with consensus.

>"The cost of verification is much lower than the cost of mining."
Litecoin nodes are efficient.
Bitcoin nodes are resource-heavy.
LTC keeps validation accessible.

>"A system for electronic transactions without relying on trust."
Litecoin gives trustless settlement on-chain.
Bitcoin offloads to exchanges and layers.
LTC still delivers.

The whitepaper wasn’t about hoarding, trust, or delay.
It was about fast, decentralized, peer-to-peer money.
That’s Litecoin now.
Replies: >>60518492 >>60518708
Anonymous ID: F17OQJSl
6/18/2025, 4:07:17 PM No.60518492
>>60518359 (OP)
I have 500, when will I make it?
Anonymous ID: 66ctWeiu
6/18/2025, 4:43:04 PM No.60518629
Selling all at 420 next months
Anonymous ID: CqAGXePO
6/18/2025, 5:04:25 PM No.60518708
>>60518359 (OP)
Litecoin is a different coin. Bitcoin cash is the true heir.
Anonymous ID: WEiMQ6d4
6/18/2025, 5:12:41 PM No.60518743
1737259146599324
1737259146599324
md5: fda670742d32ff6b6a8f179c70d1c456🔍
Dullard. "A purely peer-to-peer version of electronic cash", Ecash was centralized, Bitcoin is entirely peer-to-peer. It is not a statement of intent, it is a functional description.
Further, intent has no value, the only thing that matters is whether BTC can be used for some function, which it can (Systemic Unit of Account), and the value of that function (Everything)