Didn't you cover this already and talk about how Blackrock would have a hard time convincing companies and countries/people around the world to use its chain and that we would all just sell our BR bitcoin the moment the fork was done crashing the value of it?

...perhaps I should just listen.

It is written in the small print of their ETF approval that they are indeed allowed to instigate such a fork, should they wish.

Looks like my comment on yesterday’s video inspired this topic!

RE today’s video:

The fork won’t happen until the US controls more #bitcoin. If they follow RFK’s suggestion and accumulate 10%+ of the supply, then this is on the table. I also expect they could intentionally “lose” bitcoin/have Coinbase hacked to justify a fork.

This can be avoided if mining is treated as national security, and all countries, including our “enemies”, maintained significant hash power.

Jurisdictionally distributed hash power reduces the incentive to fork around.

In other news: How AI can fork the Mona Lisa.