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by nope96
3148 days ago
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Jeff's business model relies more on ETH than Bitcoin: "The current launch plan includes launching on Ethereum chain, which will require paying ETH to obtain MTN tokens" 20% pre-mine price starts at 1.67 ETH per MTN token Remember Tezos? That raised a quarter of a billion dollars. There is way more money in making an ICO and saying "Bitcoin is broken! You need [new coin]!" Brian makes money when you convert USD/BTC/ETH into USD/BTC/ETH. They announced they are adding more coins soon. The main "2x" supporter runs "Grayscale Ethereum Classic Investment Trust" and tries to sell investors on a coin that nobody has ever used for anything ever. The people who are "all in" on Bitcoin (the developers for example) think the "2x" fork is a terrible terrible idea. The people who are heavily invested in other coins want the "2x" fork to happen. |
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It's also hard to tell if Bitcoin developers are all in or not. Note that developers can have different interests than holders (eg. The want to get control of the codebase in order to get status and recognition & hopefully future consulting contracts). Note that the current bitcoin devs are mostly a new generation that got later in the game. Source & analysis about this point here http://hackingdistributed.com/2017/08/26/whos-your-crypto-bu...