Treasury company A signals support for network that looks more like X
Treasury company B sides with a network that aligns with Philosophy Y
Treasury company C doesn't take sides
--activist retail investor base choose the winner (A or B), pushing that market cap higher, resulting in more passive flows + higher collateral for
--Passive bond funds will passively allocate more towards the winner
the "fork" happens on a layer that is nowhere near the base layer.
i would like to know the stance of all the BTCTCs on their philosophy of bitcoin client development.
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"I met a traveller from an antique land,
Who said—“Two vast and trunkless legs of stone
Stand in the desert. . . . Near them, on the sand,
Half sunk a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them, and the heart that fed;
And on the pedestal, these words appear:
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!"
Nothing beside remains. Round the decay
Of that colossal Wreck, boundless and bare
The lone and level sands stretch far away."
Percy Bysshe Shelley on BTCTCs and software developers who ignore their clients.