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I don't really have a dog in this fight. I highly doubt the miners would move to that chain/protocol. There would be a hard fork of the source code and chain,
by rjbwork 5y ago
I don't really have a dog in this fight. I highly doubt the miners would move to that chain/protocol. There would be a hard fork of the source code and chain, possibly by people outside the reach of whatever jurisdiction this guy is in. It's just completely impossible for this to actually happen AND actually mean anything. Anyone can get access to any coins by changing the source code/protocol and hard forking the chain. But they won't be worth anything, just another orphaned side chain with nobody on it.
- notahacker 5y agoI think he's pinning his hopes on the assumption that if courts say his fork is Bitcoin, his chain is the one that exchanges regulated in Western countries will trade as Bitcoin, and therefore his fork is the one that dumb money that's heard Bitcoin is going to the moon and hasn't heard of Craig Wright or forks will buy. If actual cryptoenthusiasts are too disgusted to even sell off their tokens on his fork, that just helps his token sales
- nullc 5y agoNah, he already has a fork, the super sketch bitcoin knockoff "Bitcoin Satoshi's vision"... AFAIK the only US entity that will trade it is robinhood (which IMO tells you all you need to know about RH).