Is btc not being split into BTU like how etc split into eth which left etc in the gutter.. that's my main concern and thought that's the direction were heading towards.. because if btc is indeed splitting into BTU who would want to use btc when BTU does the job better...
Or are they just going to improve btc and simply rename it BTU? I'm kind of lost lol..
There might be a chain split for instance SegWItBTC and BTU. If this happens however there will be to sides off bitcoin - you can look at it like 2 different coins that have some first blocks the same. The common thing that you probably know is the Ethereum split it as of today there are ETC and ETH. Similar can happen to bitcoin. On the other hand if one gets more supporters it can eat the other one, for example if everyone chose SegWit at the end BTU will disappear leaving the chain to go backwards. For safety reasons keep the coins somewhere where you have the access to them but also don't try to spend them after 1st of August in my opinion situation should be good in a bout 1-2weeks.