My guess is that the Chinese exchanges will follow too as they also need capacity for the exact same reasons.
My guess is that the Chinese are not going to be bullied by the US and there is no actual need for the capacity (as trading on exchanges is not done on the blockchain).
No one is bulling anyone. This is open source technology and people are free to do whatever they want. The biggest US companies have decided to fork because Core does not responding to their needs. Well then, be it.
Do you see how fucking ass-backward this logic is?
"The biggest US companies" have decide Bitcoin doesn't fit their need so they want to change it.
And you're saying Bitcoin should bend over and take it heh?
Nope. Bitcoin Core is free do to whatever they want and the industry is free to choose whatever implementation they want. They have spoken about what they want and they will fork if needed. That’s what freedom of choice means and represent and how things will turn out.
You know someone has completely lost touch with what Bitcoin is all about when he proposes that a bunch of VC backed corporations have the power to change Bitcoin rules to suit whatever it is they desire.
Coinbase has
one vote in the matter : the node they run.
Blockchain.info has
one vote in the matter : the node they run.
etc.