What is the difference between Bitcoin and BTC? (the short answer)
- Bitcoin (BCH) is the evolved, renamed Bitcoin that Satoshi Nakamoto wrote the Bitcoin whitepaper for. It's truly peer-to-peer. It's much faster (instant, using 0-conf) and much cheaper (around $0.001 USD per transaction) to transact with than BTC. Bitcoin Cash development is decentralized.
- BTC is an altcoin, BTC is officially an altcoin; a crude "SegWit" softfork was concocted to poison the Blockchain and change the coin itself to no longer be a “chain of digital signatures,” as per Fig. 1 of the Bitcoin white paper. Making it an unusable (for the public) and harmless (for the banking establishment) altcoin. owned and controlled by a for-profit organization funded by banks and financial institutions: Blockstream. They coopted the "Bitcoin" name as part of their marketing ploy.
BTC started on the same blockchain as Bitcoin Cash but crippled the way it operates in order to force users into convoluted, patented "solutions" (like lightning) to transact. BTC intentionally can't scale (hence the "solutions" to "solve" this) and transactions costing upwards of $10.- USD (even for small amounts) aren't uncommon when the network is congested.
Blockstream and their investors use significant resources to manipulateplanned operations to convey selected information to targeted groups and individuals in order to influence their emotions, motives, objective reasoning and to modify behavior while dissuading them from critical thinking or accepting factual information from the opposing side. the narrative and actively censor all of the primary Bitcoin communities such as r/Bitcoin. r/CryptoCurrency, r/BitcoinMarkets, mailing lists, Bitcoin Talk, wikis, etc. regarding all topics that have to do with these facts. (try it!)
The banking establishment has good reason to keep the population distracted with their artificially pumped, useless (for you and me) and harmless (to them) BTC.
A truly decentralized currency like Bitcoin will be their death.