Defensive Nuclear Weapon - Armageddon Avoidance - Proof-of-Coinbase -poison pill

[BTCLuke]

3) the bitcoin brand name is all bitcoin still has.  "being an alt coin" is a horrible idea for bitcoiners.

Agreed completely. BU wants the brand, because there is 8 years of network effects behind it, that transfer when it does.

That was already the case when the first altcoin was made. 

Ok, seriously. WTF.

Take your own argument into advisement, man!

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[dinofelis]

Ok, seriously. WTF.

Take your own argument into advisement, man!

What I mean is that if bitcoin hard forks, you make two *different* crypto coins.  If you think that you "double the coins" then you should take into account all the coins on other chains too, all altcoins.

And that's indeed fundamental.  The idea of "sound money" only makes sense if that money has the monopoly on money.  The idea of sound crypto money only makes sense if there is one crypto.  But if the market is shared with others, then "sound money on one" doesn't make sense.  Yes, if there is BTC, and BTC-U, there are 21 million BTC, and 21 million BTC-U.  But there are also 7 million DASH, 90 million ETH, 14 million XMR, and so on.  If you are worried about the doubling of bitcoin, you should also consider all other crypto. 
Bitcoin is not fundamentally different.  It is a crypto like any other.  It just was there first, and that gives the bitcoin brand name a huge advantage.

[jaybny]

I think the major assumption here is that if BTU forks that they will attack and attempt to destroy the core chain. I think this is a bad assumption, such an attack would be very expensive on BTUs part and they would not be able to sustain it for long, considering they also have to hash on their own chain. The drop in price for both coins support my point here.

i agree.. i take it all back!