Doesn't matter much what we think locally and at the moment. For u and some others who helped to get Segwit done (first not at all, than with 2x, and later scammed all the 2x away,...). Sure noobs and newbees still buying that crap but that potential seems to dry out with bigger industry checking out that scam.
Time moves on, take ur local stand as u can, the world is not under ur control
BitCoin didn't start as a ticker and didn't start with Segshit.
Netscape is gone as well.
We ll see
I'm open to the possibility that Bitcoin might be dethroned by another coin. I doubt this will be accomplished by hard forking Bitcoin though. The market has shown increasingly less interest with every new hard fork that comes along.
So that puts these forking miners in a difficult position. They have two options:
(a) Fork off and get ignored by the entire market
(b) 51% attack Bitcoin in hopes of getting noticed
Choice (b) would cost millions and millions of dollars on an ongoing basis. Bitcoin users would be inconvenienced by having their transactions censored, but the real financial pressure is on the attacking miners. They are the ones burning through endless money trying to attack Bitcoin. Bitcoin users can just wait until miners capitulate or have no money left.
If Bitcoin users all succumbed to a mere censorship attack and switched to the miners' fork, it would unequivocally prove Bitcoin's incentives do not work. If miners merely need to 51% attack the blockchain to force contentious consensus changes, the entire design discussed in Bitcoin's whitepaper is broken. The term "validity" no longer has any meaning with regard to the security design. There would be no difference between 21 million coins and 21 billion coins from the view of consensus rules. Obviously miners can change whatever rules they want and user consensus doesn't matter at all.
I'm guessing that won't happen based on the last decade of Bitcoin's history. If it does, no version of Bitcoin will retain any value. It obviously fails in its only stated purpose.
On a) sum up the maket caps and trading vols of all the cheap payment coins. Not to be ignored imo. Include also all the legal and compliance actions that are needed and coming to get really global ... find out that bsv is not the fork . It follows the rules
On b) that is the purpose of that entire threat / Satoshi and friends ( find out how many legends dropped out of bitcointalk with bs take over ...)