BitUsher
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January 23, 2016, 06:31:58 PM

One more interesting thought that crossed my mind...

If Classic takes control and starts jacking up the block-size aggressively like many expect (Most of the proponents are XT/BIP101 refugees who believe in democracy guiding the development principles so this is an extremely likely future if Classic takes over).

Than that new big block fork better pray that satoshi either lost his keys or isn't an anarchist or libertarian sitting on 750k- 1.2 million coins. That is a frighting fact for everyone regardless which side we take. Anarchists tend to be ethically principled and may do rash actions against what many people consider as normal behavior. Everyone should support and follow their mind/heart ... and please don't take the above like a threat ... it is just an interesting dilemma and risk we all have.

There is no question a split in Bitcoin will cause some permanent damage to both coins longterm perceived value as a store of value... but it won't be that bad because:

1) A fork would essentially be a stock split where most of the value would be kept and possibly be profitable
2) All currencies fail and "fork/change" throughout history, why should bitcoin be any different?