#bitocin #asknostr

I was listening to this great basics series by Guy Swann #theguyswan@iris.to but there was something I didn’t understand. He said if there’s a hard fork like w Bitcoin cash you get both tokens until you choose which one you want to use. What’s to stop you selling one and buying more of the other? If that’s the case wouldn’t there be more hard forks?

Thanks.

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Nothing. That’s what you’d do - sell the one you don’t care for. That’s what happened with Bcash.

Many others have forked bitcoin since then …

But if you sell Bcash doesn’t that give you more money to buy more real bitcoin? Isn’t that a hack?

Of sorts...most forks have very little value, back in the BCash fork various entities spent a lot of time abd energy to convince people of its value.... I don't see anything similar nowadays

i just forked it this morning, do you wanna buy all my Bazingacoins for, say 100 bucks?

🙃