Memo - Post by Hakametal

Hakametal

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BitcoinHoarder

I felt Blockstream spit on our face. How could anyone turn around and mine their coin?

Because profit is profit. You cannot blame them.

BitcoinHoarder

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So for those short term gains (which were on average puny 1-2%), they will end up losing so much more.

BitcoinHoarder

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2/2. BCH becomes less likely to be Bitcoin again. Ultimately, and now they see firsthand, they will lose control of BCH altogether

BitcoinHoarder

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1/2 Yes short term profit. However, BCH network becomes less secure while chasing those profits (51% attacks happen). BCH becomes chain with less work overall.