A Fork in the Road – The real danger of a Bitcoin hard Fork

Via @vinnylingham

  • “It’s inarguable that Bitcoin is the single strongest brand in the crypto space. I believe it probably received $2–5bn in free media exposure over the years. A Hard Fork would create 2 brands of Bitcoin ” “The moment there is a hard fork, we are going to allow brand confusion to step in. This is a HORRIBLE idea”
  • Creating two networks destroys network effects (payment providers, merchants, etc) and the Bitcoin price is non-linear to size of network, so the two coins combined will not equal the same price”

Read more here ….

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