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Great point, luckily unlike fiat currency, developers can fork the code and create a new currency if they don’t agree with the way things are being run. This ha
by sbenitoj 9y ago
Great point, luckily unlike fiat currency, developers can fork the code and create a new currency if they don’t agree with the way things are being run. This happened when Bitcoin forked into Bitcoin Cash (which has a blocksize that’s roughly 8x larger than Bitcoin, and has very very low transaction fees) and its likely going to happen again around mid-November when Bitcoin forks again. Unlikely that all these forks will survive, only time will tell what the market actually values!