On the topic of #bitcoin #hardforks
I heard some folks saying we should have hard forks in bitcoin more often to encourage development. It sounds good but consider when bcash split off. I immediately collected my bch and exchanged for more btc, and most of you probably did the same. I made the decision to do so for a mixture of technical and ideological reasons. Someone was on the other side of that trade for their own reasons, and they got rekt. Every time there is a hard fork, a large group of people will get rekt. Personally I think the base layer is like 98% ossifyed and most of the innovation will be in in layer 2+, because I'd rather not see people lose their purchasing power cause someone wanted to change the protocol.