Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
tabnloz
on 31/08/2017, 06:57:02 UTC
Whenever the ghost of Anonymint gets back on his 73rd account, I would like him to comment on my statement that people got the game theory of BCH vs BTC wrong:

I like to consider my hedl BCH as an insurance on the unlikely black swan of BTC losing value as the real chain.

You are correct.  Random noobs on this forum INCORRECTLY stated that the only valid game theory path was to dump BCH (think it was derived from some nonsense Szabo said).  He made the error of assuming you're required to keep one token at all.  The real optimal path is to dump both of them in event of rough consensus attack, meaning what's going on right now.  If you refuse to dump both for whatever reason, then the optimal path to try and minimize loss would just be to hold all of them.

Wouldn't logic dictate that if this fork is backed by Wu and Ver, with their millions of dollars, then they aren't just going to let it die? Seems plain as day to me that it will be dumped and pumped repeatedly.