Because it will not succeed to find overwhelming support, will lose all network effects and become a dead in the water altcoin like all previous hard forks of bitcoin.
If BIP-110 fails it means it came too late and the psyop capture was successful. At this point we should accept we’ve lost Bitcoin. To be honest, I don’t think we’ll come to this. BIP-110 is on track and we hold the winning cards imo.
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Yes, I also think #bip110 will succeed. Re the hard fork, it would still be the only scarce, but also immutable money in the universe. And the long term trend is always toward the hardest money. But again, agree, 🤞won’t come to this.
What dumb founds me about the whole Core vs Knots/BIP-110 are:
1. What is going to prevent Knots from suffering the same fate as Core?
2. If Knots/BIP-110 is the way forward? There should be more information on guiding people how to make the switch over rather than debating the differences.
The bottom line is: Is any form of a monetary system safe when human hands are involved? So far it appears NOT.
Bitcoin today is the result of a few hardforks
1. You are, by supporting a diverse ecosystem of multiple node implementations and not leaving Knots as the only option.
