Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Core or Classic?
by
Ashdad
on 13/03/2016, 20:27:34 UTC
⭐ Merited by ABCbits (1)
Beginners question....apologies if the answer is obvious to some. Who do I support? Classic or Core? I hold bitcoin in a wallet, use it, occasionally, for purchases, but mainly use mine as a savings account, while I go about learning more. I have started reading about coins being destroyed, and miners choosing the wrong fork? and losing all their money....So....

Does the wallet I choose represent a choice I have made? If I do nothing but wait and see, will that affect my bitcoin? I read that the reward halving will push the price up, but the Core/Classic debate will push prices down. I read that retailers are pulling out of bitcoin due to transaction times at the moment being too long, but no evidence to support that statement? Where is a good place to go to read facts, not stories or arguments?

Am I right in thinking this amazing technology is only as good as the people who decide what direction it goes in? I'm struggling to find
un-biased opinions, everyone, like politicians, can make their version of what would work, seem like the obvious choice, and the alternative seem ridiculous. Is it too simple to say with bitcoin, majority rules? And is this majority the people? The miners? The developers? It all makes my brain hurt.