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RE: The Hardfork will happen: Bitcoin Cash, SegWit2x, ViaBTC and why I want a Bitcoin chain split.

in #bitcoin7 years ago

Seems logical that two independent visions should go their own ways. And each can realize their own vision, we will see who made the right choice.

But what if the split puts one of the chains under effective control of the Chinese government -who else can subsidize energy for the next 20 years? Is that an acceptable outcome?

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Doesn't matter if the Chinese government subsidizes mining. Bitcoin is still Bitcoin. The USA should start paying for mining.

"Effective control of the Chinese government" is also pretty inaccurate as a description of the mining industry or Bitcoin itself. Miners have a lot less power than you might think.

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