WARNING....
I have a new theory on what Jihan's strategy may be...
Re: What does everyone think on Iamnotbacks view on Jihan and current UASF situation
Jihan has full control over segwit in LTC too. The only way BTC or LTC can get segwit is UASF. UASF will get more and more support overtime. People are just not going to sit back and see how BTC becomes useless for 99.99% of population, so JihanChain will not get any support.
I don't know if Jihan plans to try block SegWit entirely from Litecoin. I don't understand what his motivation to do that would be. It seems insane.
But I will say that none of your UASF shit will work. So Jihan might be trying to create a fight with you so that he can take your LTC and BTC from you. The more I think about this, the more I realize he may be trying to draw you UASF retards into a fork war trap so he can strip you of your wealth. Everybody who values the value of blockchains will sell the UASF fork, because democracy totally devalues blockchains and makes them worthless. I think Jihan wants to make money while also making an ideological point. It is survival-of-the-fittest and he wants to impoverish all those who don't understand that immutability is what makes blockchains valuable and democracy is what makes everything bankrupt, untrustable, and valueless. However, after bankrupting all the USAF, BU, Blockstream retards, I think he might allow SegWit to proceed on Litecoin as its final upgrade (because otherwise scaling will move to another altcoin which he can't profit on). I think he may be stalling and playing shenanigans not only to maximize profit interim, but also to instigate a fork fight with retards, so he can once and for all teach them they can never succeed. What better way to teach than by taking all their money. I try to teach with words. Jihan is more efficient. He understands that men understand spanking better than words.
Interesting discussion going on over there... (click the quote if you're interested to go read the context)
Also BTC will not be used by billionaires only, that's stupid, people will demand changes so bitcoin cannot be used only by a handful of people on earth. If it takes UASF then UASF will happen so segwit + LN can happen and everyone can use bitcoin, additional blocksize increases will come too. Nobody will support the "billionares only blockchain", that's stupid.
Sorry you can't do anything to stop it:
Cry and scream all you want. You are wasting your time fighting what is inevitable.
Soon you will realize this. Go ahead and try. My popcorn is laughing.
It's as easy as UASF + PoW change with a new solution such as randomly changing algorithm to avoid efficient ASIC stacking.
"BillionaireChain" used by 2,000 people on earth will be seen as a joke by the rest of the population and it will no longer be Bitcoin. Progress will move on.
None of your democracy shenanigans will prosper. But feel free to lose all your wealth trying.
The opinion of the masses does not matter, if we presume that fungible money will remain supreme in the economy.
I have one alternative to offer which is the theory that the economy will bifurcate into fungible money driven tangible economy and a knowledge age economy in Inverse Commons. The latter is what my BitNet project is about. If I am correct, then that will be our only alternative.
But don't believe me. Please go waste your time and lose all your wealth. The smart money is starting to recognize my expertise. Please do your own due diligence.