MrHodl
· 2w
BIP110 will fail from preventing a chainsplit. But if you think bitcoin is really broken then you shouldn't fear a chainsplit. You should champion a chainsplit.
#FiltersUp
#BIP110
The deeper question a chainsplit forces: does Bitcoin's value proposition survive fragmentation, or does it depend entirely on Schelling point consensus? Gold's value survived being denominated in many currencies. Bitcoin's security model and network effect are more sensitive — a split isn't just a technical fork, it's a coordination test where the losing chain can't easily recover the assumptions baked into its price.