Quote from: Quantus on March 20, 2017, 11:53:19 PM

Its my personal belief that the BU faction is enabled and encouraged by the Chines mining pools who are in turn controlled by Chines government oligarchs.

After a theoretical continuous hard fork between Bitcoin Core and BTU the mining pools who initiated the fork would be in full control of the BTU chain. They would have 95% of the hash power. Its my belief that if they fail to win a majority of the Bitcoin communities support and the price of BTU coins starts to fall dramatically below the price of Bitcoin they will halt all transactions on the BTU chain other then their own coins so they can flash sell for a huge profit before pointing their miners back to the Bitcoin Core chain. They will have lost there bid for complete control over Bitcoin but they will have made millions. It is known that Chines miing pools are sitting on ~~millions~~ hundreds of thousands of bitcoins.

Any evidence for this, or is this just the result of racially biased people who keep portraying the Chinese as the bogeyman?

This is what I personally believe is happening.

Wealthy people often increase their wealth by leeching off of the flow of money. The wealth they possess is what allows them to be in a position to do that.

With Bitcoin as it currently is, only the miners profit off of the flow of money.

The wealthy are generally not able to mine because of the cost of power, the cost of power has put the mining advantage into geographical regions where power is cheap rather than into economic class.

So what they want to do is change how bitcoin works, so that the miners can only profit from a settlement layer and transactions take place on their side channels where their wealth gives them an advantage and they can increase their wealth by leeching off the flow like they do with traditional banking systems.

That is what I see happening.

Perhaps for me it is a bias against the 1% just like some people have a bias against Chinese.