Pages:
Author

Topic: You have a choice if you control pre-fork bitcoins! - page 2. (Read 1636 times)

sr. member
Activity: 322
Merit: 250
I am not entirely sure but I don't think that is how it will work.  From what I understand it will not double the coins in existence and the average user doesn't have to to anything or vote on a side.  You should read around a little more.  The more I read about this the less scary it becomes.
sr. member
Activity: 728
Merit: 256
Post it in reddit. We should take it to the top.

Post it in twitter. We would make it trending for #bitcoin.
legendary
Activity: 1120
Merit: 1012
Isn't it refreshing? Normally the board of directors just decides what is best (for them of course) and does it!

It's different now. Don't let these opposing sides fool you. You are responsible. Doesn't it feel good to have some responsibility for your own future?

If there is a block chain split on the main Bitcoin block chain, anyone holding coins before the split is in a powerful position to help choose the future of Bitcoin.

The devs can't make that choice for you. Businesses can't make that choice for you. Miners can't make that choice for you.

You will have coins on both sides of the fork. You can sell coins that have the properties you disagree with. You can use that money to purchase more coins that have the properties you agree with.

The devs won't develop worthless coins (well they might, but who cares). The miners won't mine a chain with worthless block rewards. Businesses won't accept coins with no value.

A fork is not a bad thing. This is an opportunity for the free market to work. Don't let them fool you into giving up your vote before the fork.

It is entirely possible that the future of Bitcoin lies down two different paths. Both coins can hold value if people value the properties of both coins.

Don't fear the responsibility you've obtained, embrace it.
Pages:
Jump to: