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RE: What Should the Average Person Who Owns Bitcoin Do Before August 1st ? What is Segwit,Jihan, BIP91, UASF,etc

in #bitcoin7 years ago (edited)

"In the end shouldn't the miners come together and do whats good for us? Is this all happening because of miners not agreeing on something? I thought the nodes defined consensus not the miners even though they play a big role?"

The problem is not the miners, it's Blockstream. This is an attempted takeover of Bitcoin by banking interests from AXA. The miners, oddly enough, are closer to the good guys in this case.

As for the split, as long as you hold the coins in a private wallet, you should be ok. Risks are mostly limited to keeping your BTC in exchanges.

You can also temporarily move it all to something like Steem, if you like.

https://steemit.com/bitcoin/@lexiconical/seg-wit-is-a-trojan-horse-bitcoin-scaling-debate-explained

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ok thanks @lexiconical I don't have anything in exchanges, so im good on that end. thanks for replying :) How is your morning going?

Oh, it's ok. Trying to find some time to post a blog post but too busy with my other jobs. Kinda overwhelmed. I'm trying to get a fair-taxation plan for Steemit post out that I promised exyle. You?

Not much getting ready for the weekend I am having some old friends over. I work a half day today at a new office in the hospital so I'm happy about that! I worked so hard this past week i didn't even know what day it was yesterday. So today's half day is great! Enjoy your weekend and we will talk again soon :)

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