Relaying another message here:
Whales are not economically relevant on a network nobody uses.
Incorrect when “nobody” comprises those $billionaires and $trillionaires who aren’t the sheepeople masses.
What exactly is the basis for "The Real Bitcoin's" value in this dynamic?
The powers-that-be are going to back Facebook’s Libra with Bitcoin after they phase out the US dollar with the coming strong dollar vortex global monetary reset. This is how they make Bitcoin the reserve currency of the world, while also onboarding all of us onto a 666 (fully tracked, centralized by a consortium of large corporations) medium-of-exchange.
You should not comment here until you have read the blog that is linked in the OP, otherwise you will make ignorant statements which have already been addressed in the said blog.
What you're suggesting goes in the face of Metcalfe's Law. With a network so tiny, there isn't even a logical economic basis for any whales to support the miner's fork.
You throw around technological terms without even knowing what the terms mean. Metcalfe’s Law is incomplete because it doesn’t model the
relative value and costs of network interconnections. See the following blog for your edification:
Odlyzko-Tilly-Raymond scalingOnly obscure crazies like Mircea Popescu would for political/philosophical reasons. The vast majority of whales would rationally protect their wealth rather than pursue an obscure fork where miners steal everyone's BTC.
Sheepeople love to dream that the world is flat and the $trillionaires have not enslaved them.
Fact is, you have no choice.You seem to think some small minority of whales and the forking miners are enough to create a network worthy of any value.
Doofus read the blog before you write more stupid shit.
Facebook’s Libra will be widely used and then they will back Libra with the real Bitcoin that wealthy people control.
You’ll be enslaved along with the rest of your worthless idiot Segregation Witless compatriot comrades.
It's much more likely it'll look like Bitcoin Cash (or actually probably one of the more obscure shitcoin airdrops like Bitcoin God).
Even after
our very long discussion, you still can’t seem to wrap your mind around the
Nash equilibrium of
unforgeable costliness and the fact that is requires
immutability. There is only one immutable Bitcoin. That is Satoshi’s “v0.1” protocol, as Satoshi even stated. And don’t repeat the same fucking argument that I already rebuked in our prior discussions. Readers can click
the link to go read if they’re interested.
The market can sniff out a few big players trying to corner the market.
The Hunt Brothers weren’t the powers-that-be. They were sucked into that trap by the powers-that-be.
Nobody will fork their client except those colluding in the attack, nobody will use the network [blah blah blah nonsense]
Lol.
You want to hedge for the least likely scenario possible? Keep your coins in legacy addresses.
Correct.
