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RE: Bitcoin Cash is the wise move right now, as Bitcoin Core will SPLIT in 2x!

in #bitcoin7 years ago (edited)

I disagree that Bitcoin Cash is the future. I think this future fork is unneeded and will only hurt all crypto going forward. If we are aiming for mass adoption, crypto needs to be simple to understand and use and splitting/ forking every coupleof months certianly destroys that. For example,merchats who accpet bitcoin now willhave todecide which fork they will support in the future.

However, because of this, I do not see Bitcoin cash taking over. Whatever the relative merits of BTC vs BCH, BTC has the network, exchanges to fiat and much wider adoption in the real world than allother cryptos. That advantage wont go away over night. I think that the BTC including segwit will remain the most popular coin (and retain the Bitcoin name, network and market share) and anything else will just fork off (literally it can 'fork off') in the sameway as BCH,into another of the 981 Alts!

Apologies as my space bar is knackered it makes typing very difficult)

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Time will tell.

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