Post
Topic
Board Bitcoin Discussion
Re: BU an actual threat?
by
btvlGainer
on 21/03/2017, 11:14:23 UTC
  I have only just started reading a little about BU. It seems to me that this is being blown out of proportion. Whichever party wins seems to just indicate the majority of the market will shift that direction, and whether BU takes over or BTC remains dominant won't really matter much.

    For your rank and file bitcoin user, it won't actually represent any loss of value, it just seems to be a power play of the ultra rich. Even if hash power is concentrated in fewer hands, a 51% attack would still be prevented by simple self interest. Am I missing something?

How can you consider BU as an actual threat to bitcoin where in fact that BU will be separated to bitcoin and will continue to mine BTU. It is clear and and was defined by the major exchanges that soon BU and their codes will be serving BTU and Segwit code will be serving BTC. A split in bitcoin is approaching and we cannot stop it at this point of time.

I believe that all sides can agree. After all, the split will lead to greater comfort for many bitcoin holders. Why do this, who benefits?