bitvestor on Nostr: Looks like my comment on yesterday’s video inspired this topic! RE today’s video: ...
Looks like my comment on yesterday’s video inspired this topic!
RE today’s video:
The fork won’t happen until the US controls more #bitcoin. If they follow RFK’s suggestion and accumulate 10%+ of the supply, then this is on the table. I also expect they could intentionally “lose” bitcoin/have Coinbase hacked to justify a fork.
This can be avoided if mining is treated as national security, and all countries, including our “enemies”, maintained significant hash power.
Jurisdictionally distributed hash power reduces the incentive to fork around.
RE today’s video:
The fork won’t happen until the US controls more #bitcoin. If they follow RFK’s suggestion and accumulate 10%+ of the supply, then this is on the table. I also expect they could intentionally “lose” bitcoin/have Coinbase hacked to justify a fork.
This can be avoided if mining is treated as national security, and all countries, including our “enemies”, maintained significant hash power.
Jurisdictionally distributed hash power reduces the incentive to fork around.