Post
Topic
Board Development & Technical Discussion
Re: Game theory: Superrational thinking vs rational in BitCoin
by
AtheistAKASaneBrain
on 16/10/2017, 16:30:26 UTC


Well that's my rant. The Superrational way to play is in a way less greedy. So although I'm late in the game its still fun I believe the segwit2x community is more selfish at a deep level.

Excuse formatting. On mobile



Segwit2x is an attempt to steal the "Bitcoin" brand, it's as simple as that. This sums it up and everyone can understand it without having a doctorate in game theory.

The rabbit goes indeed really deep with bitcoin's governance model. Those that really care about Bitcoin and want to keep it sovereign will never align themselves with corporate takeover attempts such as segwit2x, but you always depend on a certain hashrate to keep the legacy chain alive. I think this is the case once again, the so called 95% support for 2x is fake and will be proven fake soon.

As 2x chain dies and 2x tokes are dumped, the legacy Bitcoin supporters will end up with more BTC, which means more power to attack further forks. We already saw this BCash. People that dumped BCash now hold more BTC, which means more power against forks.

The problem would be if miners actually left the legacy chain and there would be no way out but a change of PoW, which is a hardfork within itself, so im not sure if we could call any chain legacy anymore.