Bitcoin [BTC] and Bitcoin Cash [BCH] have a never-ending controversy. The Bitcoin Cash group called out Bitcoin Core supporters to be under the influence of ‘Cargo Cult’.
Bitcoin Cash’s official Twitter handle @Bitcoin tweeted:
“Austrians: Don’t be Fooled by the Bitcoin Core Cargo Cult”
NaziBtc89, a crypto enthusiast commented:
“B-SHIT CASH, change the account name before trashing Bitcoin it feels yall trashing yourself ohh wait you are already trash!!”
Along with this, they posted an article on Medium that spoke about the current illusion people have regarding the working of Bitcoin Core and compared it to traditional phrases.
Cargo cult is a traditional phenomenon in Pacific islands where the tribals would believe that the foreigners had materialistic benefits and that they could achieve it by mimicking aspects of the products they desire.
For example, the tribals created planes and airports made of wood and hay hoping foreigners would drop by to give ‘cargo’ assuming it is an airport. This was one of the illogical cults in the Pacific where people believed that imitating a source of the resource would lead them to the resource itself.
Similarly, Bitcoin Core supporters are compared to the cargo cult where they accused the supporters in Austria to be under the Cargo cult influence. They believe that mimicking the superficial trappings of an advanced technology could be effective while missing the underlying reasons as to why it was created in the first place.
The Medium post shared by BCH said:
“….it’s important that Austrian Economists think for themselves and avoid getting caught up in the Core Cargo Cult. If they follow their own logical reasoning, I think they will realize that Bitcoin Cash holds better promise of creating sound money for the whole world.”
Subscribe to AMBCrypto’s Newsletter
Bitcoin [BTC/USD] Price Analysis: Bears take over coin as bulls lose momentum
Bitcoin [BTC] fraud main suspect Alexander Vinnik files request for extradition to Russia
EOS, Tron, and Ethereum are the top-three public chains, says CCID Research Institute
XRP receives another boost as Canadian cryptocurrency exchange Bitbuy adds coin to its roster
Ethereum [ETH]’s Vitalik Buterin says he will lose certain amount of hope for humanity if Tron overtook Ethereum
Flash hike: Qtum skyrockets by over 36% in 1-hour after Apple Pay & Samsung Pay announcement
Craig Wright’s Twitter account suspended after threatening harassment and libel lawsuits
Qtum partnership with Zeus enables users to trade cryptocurrency on Apple Pay, Samsung Pay
Bitcoin Cash [BCH] developers introduce privacy-protecting lightweight protocol, Neutrino
Bitcoin Cash [BCH] Price Analysis: Bears return as market correction precipitates decline
Bitcoin [BTC]: Dubai gets its first ATM; users can acquire BTC using any fiat currency
CFTC Commissioner: Regulated cryptocurrency market could attract institutional investors
Bitmain’s overproduction of ASIC miners led to lower mining profits, claims miner
Binance is going country-hunting in search of their ‘regulatory paradise,’ says report