Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
xyzzy099
on 14/01/2015, 21:26:37 UTC
If they did that, they would have created Yet Another Alt Coin (which happens very frequently), and it would have no effect on Bitcoin at all.

Yes, I know that bitcoiners have taken solace in that belief, since the 51% risk became real.  Keep believing. 

There is no belief involved.  What constitutes Bitcoin is defined by the consensus of the miners - period.  If a majority of miners were to choose to mine according to a different protocol than what they currently do, that protocol will effectively become Bitcoin.  It has nothing to do with what Gavin or the foundation want.