PODCAST Amaury Séchet, May 2020 Upgrade Part 3: Bitcoin Cash as a Protest Movement

TL;DR: Amaury Séchet is back for our third in a series of conversations about the May 15, 2020 scheduled network upgrade for Bitcoin Cash (BCH). He’s lead developer for BCH reference implementation, Bitcoin ABC. In Part 3, the final segment, Séchet continues his train of thoughts on the Infrastructure Funding Plan (IFP) and how BCH is becoming a protest movement. This episode is available embedded in the article below, and on iTunesSpotifyGoogle PodcastsStitcherRadio PublicBreakerPocketCastsPodBeanYouTube for Newer EpisodesYouTube Older Episodes, and Overcast.

Amaury Séchet, May 2020 Upgrade Part 3: Bitcoin Cash as a Protest Movement

Amaury Séchet and I in parts 1 and 2 of the conversation went over four aspects of the May 2020 upgrade. That’s gotten us here, to episode 3, the final segment. We begin by discussing the loss of a key dev from ABC, and what that means. We then quickly turn to his theory BCH is becoming more of a protest movement than a serious project looking to be digital cash for the world.

Bitcoin Cash

It’s ironic because Bitcoin Cash was itself a protest against BTC at its founding. Séchet believes this time to be different in quality and quantity, and that a protest movement is in danger of fracturing BCH into oblivion. I tried to enter into our talk the idea of ABC and himself reaching across to the protestors, to put the IFP in the past. You be the judge of whether I was successful or even if such a question matters ultimately.

Séchet’s point is that BCH has a roadmap. It has stated goals. As long as it’s working toward those ends, great. But the more the community deviates and splits, the less important the roadmap becomes … and that in turn discourages good people from ever joining in the building of peer-to-peer electronic cash.


00:00 It’s gonna get spicy

02:20 Losing valuable members to a protest movement

09:00 Can a protest movement become builders

12:30 Bitcoin Cash stronger with ABC and protest nodes?

17:00 The ballad of Chris Pacia

21:35 A protest movement discourages good, serious people

24:40 BCH is reaching crazy ex-girlfriend levels

28:00 Is there a way to bring the various camps together?

32:30 Anger is the result of expectations and reality not aligning

35:15 $2,000,000 is what a solid dev team is up against

37:15 Reality doesn’t care about our intentions

39:30 IFP will not activate at this point, and there are the implications



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