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Title: bitcoin Post by: AMIANORPHANEDBLOCK on August 05, 2017, 02:21:36 PM bitcoin
Title: Re: Did the 2008 financial crisis result in a hard fork? Post by: dothebeats on August 05, 2017, 02:38:40 PM No. A hard fork is an event that happens when there is a proposed change that contradicts the main protocol resulting into two different instances of the protocol. The protocol that will be used by the network would be the one who gets the major support from the miners/community etc. and the other one would be invalidated and will be left off. The link that you've mentioned is far from being a hard fork, but rather a simple bailout of the US from the economic depression that occurred in 2008. Think of it as a jetsam wherein the cash was spent to purchase distressed assets to supply cash for the banks (or to keep the boat afloat in this case) and other financial institutions.
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