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by dmitriid 1851 days ago
> Then they can choose which fork to buy or sell.

Funny how this is now the only activity for this: buy and sell forks in a vacuum.

Because in actual real world scenarios users definitely don't chose that. Just go into a shop and watch people not chosing anything, but, you know, just paying.

1 comments

Even granting that, it's still not user nodes that matter. We've seen from history (BCH/BSV/BCHA) that applications and exchanges decide which fork gets the ticker.
It was the other way around. Several exchanges publicly went all-in on various Bitcoin forks, only to turn around on them when all users and economic activity stayed with "regular" Bitcoin.

Many prominent people predicted the mainline Bitcoin chain dead when so many important exchanges and custodians promised to change the consensus rules. In retrospect it may sound like empty threats, it doesn't make much business sense to go up against economic activity, but at the time it was considered a real threat.