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>Bitcoin holders have no say in this. Not entirely true. If holders decide to sell massively and buy into a fork they perceive as "a better bitcoin", this sure
by ur-whale 5y ago
>Bitcoin holders have no say in this.
Not entirely true. If holders decide to sell massively and buy into a fork they perceive as "a better bitcoin", this surely has influence.
Because of network effect and inertia, the bar is very high for a contentious fork to take over, but if push comes to shove, holders selling massively to buy into the contentious fork does carry some weight.
Also, spinning up a ton and a half of "nodes" on some random cloud isn't that expensive these days (in terms of what you can gain in gaining the system), yet no one has done it so far.