dontbelievethehype on Nostr: You had me at "Our investors understand Bitcoin much better than you do." ...

You had me at "Our investors understand Bitcoin much better than you do."

quoting nevent1q…d4vc

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/