bitcoin fun - self destruction?
https://bitcoinmagazine.com/articles/bitcoin-unlimited-miners-may-be-prepari... "...Andresen elaborated on what the most effective way to attack the original Bitcoin chain would be..." etc
On Sun, Apr 2, 2017 at 4:23 PM, juan <juan.g71@gmail.com> wrote:
https://bitcoinmagazine.com/articles/bitcoin-unlimited-miners-may-be-prepari...
"...Andresen elaborated on what the most effective way to attack the original Bitcoin chain would be..."
Limiting scope to strictly forking... Absent extreme self-destructive efforts at exclusive purging by expensive crossreference deep into other now competing and ongoing blockchain forks of the forebearing parent, user's addresses [keys] will remain valid post fork into whatever number of forks are made. So long as cryptocurrencies themselves remain ideal world math economics valid, not depreciatingly fucked by govts as a whole, what was once 100% in one coin, will end up m + n = 100% among its forks. No big deal, trade at will. Knowing when, how, and where to trade, under various market dynamics, is of course always the larger hurdle, risk, and reward. Presuming N forks all do well and better in their specific markets, and don't force you to commit your preexisting addresses to a choice, you'll profit handily from the split alone. Worst case across all non-committal forks you'll break even. In the case of committal, the selection of fates is up to you, or bugout to other cryptocurrencies or fiat till the dust settles.
participants (2)
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grarpamp
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juan