0 sats \ 1 reply \ @BBitcoinUSA 5 Oct 2023 \ on: Blackrock's gameplan bitcoin
I agree one of their main interests in the whole thing is controlling/manipulating the market for bitcoin
My dumb question is - If/when they fork, which fork is referred to as “Bitcoin” and which is referred to as “Bitcoin XYZ” ? If 51% reject the fork, then the 51% is obviously the original Bitcoin, but could the media somehow in theory manipulate the public into labeling the new fork as “Bitcoin” ? That would be infuriating but could cause some problems, obviously I don’t know if I even know what I’m talking about here.
My thought is that most people will follow the chain that goes up in value the most. People follow the $$$.
At least that's the risk here.
For your question: my understanding is that the "version" that has 50.1% of nodes will continue to be the original bitcoin, and the offshoot will be the fork. Happy to be corrected on this.
reply