Author

Topic: Bring on the Forks! They would be healthy. (Read 670 times)

legendary
Activity: 1064
Merit: 1001
February 26, 2013, 08:27:02 PM
#2
Multiple decentralized systems

"Diversification is protection against ignorance." - Warren Buffet
legendary
Activity: 1176
Merit: 1018
February 26, 2013, 07:49:30 PM
#1
Multiple decentralized systems would be, in aggregate, even more decentralized than just one system.  Bitcoin can't and never will be forced upon people.  It is just an option.  More forks would represent more options for transferring value across the internet.  If one branch was discovered to have an issue, a well established fork protocol could easily absorb an influx of people and money.  Each fork would have its strengths and weaknesses.

Furthermore, for anyone who holds BTC as of now, you would also hold value on any future forks.  Kinda like a stock split!
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