What part of my reasoning didn't you understand? XT is following a protocol which is different from the current Bitcoin, yet currently it is capable of transacting on the Bitcoin blockchain. But it doesn't make it Bitcoin, as the consensus-critical part of code is changed without reaching actual consensus. When the overwhelming majority of users from different cohorts (the so-called economic majority) start running XT, only then it can be considered the new Bitcoin, not when 75% of miners are mining it. Until then, it's just pretending.
"overwhelming majority" now that is subjective. What does that mean 99%, 82%, 93.2837493%?
Yeah if the major exchanges and miners move to XT and there is 25% not moved over then what will you say then? Would you concede that XT is the new "bitcoin"?
What percentage are you referring to?
Nodes?
Merchants?
Miners?
I mean there are too many different metrics to measure "the overwhelming majority" to accurately know that it is true based on some random % that you or any other person thinks up. So what is the difference if 75% is chosen? Is it wrong? To you yes, to some others no.
It is a difference of opinion not a difference of facts.
It is subjective up to a point. The term goes from
https://en.bitcoin.it/wiki/Economic_majorityWhat is a fact is that 75% miners do not constitute economic majority. They may or may not represent it, but themselves they are not economic majority. That's why they are reluctant to actually follow XT currently.
What is also clear is that XT doesn't have the economic majority as of now.
Personally, I would only switch when almost all relevant businesses (exchanges being the most important currently) switched. I also believe it's the best for Bitcoin to avoid any noticeable split. I bet most miners think the same.