gsovereignty on Nostr: The critical aspect is that this is a type of fork. One branch is genuine ...

The critical aspect is that this is a type of fork. One branch is genuine permissionless bitcoin, and the other is permissioned by the regulators.

Companies are not permitted to use genuine bitcoin, they are only allowed to use a form of bitcoin that is permissioned by the regulators.

This might not matter so much right now because the two branches of this fork are mostly interoperable, but as the parasites become more threatenned by bitcoin, the fork that companies are pouring all their resources into will be increasingly locked down and ultimately only money launderers will be able to move coins between them.