@sickpig: I found it to be such a typical, almost defining quote. He's talking like the fed chairman when arguing along the lines of '
we shock/don't shock the system', while also doing the usual twisting of the truth until it turned into the opposite. Along with neglecting / pointing away from the actual shock to the system - running into the limit. All in one short sentence.
Along other lines, looks like that so far I am wrong with my prediction that the Core folks will align with S2X to keep their power.
Now Peter Todd is doubling down with 'Bitpay is committing fraud'.
They are in for one
very rude awakening here.
Can't say I dislike that part, the final and brutal destruction of their reputation. I still expect a general price crash, especially if BCC comes close (within 30% or so) to the BTC price. The resulting confusion will allow for one
massive PR exploit against Bitcoin. I expected TPTB to do this already, but my suspicion now is that they'll time it with a ratio closer to 1:1 of BCC and BTC. Helps to drive the point of: "See now we have 42mio Bitcoin! What did they tell you about
no inflation?"
Jihan had to summon the ghost of the chain split. It looks like we won't get rid of it too soon and getting rid of it might become a very painful process.
It would have been better if the miners and users grasped the whitepaper and the idea behind mining
before this will happen.
Note also that if BCC overtakes BTC, there will have been a period of partial incentive failure.
Can Bitcoin be destroyed by mass idiocy?
There is still a mess on the horizon.
