Hacker News new | ask | show | jobs
by nodoll 451 days ago
No, the new coin will be exactly as valuable as Bitcoin, ensured by the community consensus. That is the whole point.
1 comments

You clearly don't understand. Once the BTC cryptography is compromised, there is now way to prove chain of custody, so there is no way to prove who has how much bitcoin and assign it to a new coin. Literally, in an instant, the price of BTC goes to zero.