evoorhees• 2h
To those in this /r/bitcoin sub riddle thread that read the above as "exchanges say BTU is an altcoin" you are missing the point. Exchanges are actually saying, "we are increasingly believing a HF is going to happen and here is how we are dealing with it practically."

Calling the new fork BTU is about practical issues related to running continuous markets. It is not "labelling the new chain an altcoin." Also stated in the announcement, is that if the fork chain (BTU) eventually becomes the clear dominance chain (upon a confluence of metrics), then it would be assigned the BTC symbol.

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