XT must prevail or Bitcoin will die. It is that simple.
The Blockchain Technology Cat is out of the bag. Blockchain technology is the financial industry darling. Billions of Dollars are being invested. They've seen the beauty of blockchain and it is here to stay. They want the ledger control. And they will get it. It was written into the plan and the stars from the beginning and anyone who thinks differently is naive. It was PLANNED all along. "Satoshi" set it up. Do you think it is an accident that the renegade badboy image of Bitcoin came about by accident? No, it was introduced through the channels it was intentionally. The techies ate it up, and the criminal element embraced it. And through them the beauty of it found a showcase which others eventually noticed. It was simply a way to get it accepted by the masses, and get the attention of the Fiat guys.
But these Fiat guys want the Ledger control, and they want to expand capabilities, and that will require bigger blocks. They will NOT let go of what they have found.
NOW - the path of least resistance is to keep Bitcoin. It already has acceptance. It has a broad dispersion throughout the global public. It has a decent infrastructure buildout. The odds are that Bitcoin gets through the XT hurdle and becomes the standard - AND THE FIAT GOVERNORS WILL CONTROL THE LEDGERS.
OR.... XT will fail through bickering. In which case the Fiat guys will pick a new "Fiat Bitcoin" to run their Blockhain Ledger, and bitcoin will slowly die as they use all their tools to force everyone into what they create and replace Bitcoin with - AND THE FIAT GOVERNORS WILL CONTROL THE LEDGERS.
Either way they will win. One way they win bigger.
Bitcoin will in the end prevail with an XT patch I believe. And that will be in a way a win for the people. But make no mistake - nothing will stop "THEM" from controlling the Ledger eventually. And it was planned that way from the start.
Satoshi isn't who/what you think.
Peace, -d
Probably, and that's why the idea of a single central chain and currency like bitcoin is so unhealthy. It is far too easy to take over. People would have a better position if crypto had like 5 or 10 big coins instead only one. Let the bankers have all their ledgers, no problem. We have enough blockchains for everyone.