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0 sats \ 5 replies \ @jakoyoh629 31 Oct \ on: Bitcoin Chain Split Bootcamp bitcoin_beginners
During a chainsplit

How long does it last?

So, if we don't do anything, do our coins end up on both chains?

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37 sats \ 4 replies \ @OT 31 Oct

Yes. Make sure you are holding your own keys so that you get to decide which is the real Bitcoin (not the exchange or custodian).

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0 sats \ 3 replies \ @jakoyoh629 31 Oct

So, it's kinda like a payout, right? Which one gets to keep the OG name?

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28 sats \ 2 replies \ @OT 31 Oct

If it has an obvious winner it might be better to sell quickly. If you're not sure, just hold them both till it becomes obvious.

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0 sats \ 1 reply \ @jakoyoh629 31 Oct

How do you check the winner?

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30 sats \ 0 replies \ @nerd2ninja OP 1 Nov

Vibes. Not even joking. It's all social consensus dynamics so you can try using hashrate or price as a metric, but ultimately vibes is how you figure out which one people will call Bitcoin.

The worst part, is if you have bias blinders on, it's more difficult to check the vibes because you probably surrounded yourself with people that think like you.

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