I respect their decision to give more importance to BCH, but I don't think they have the right to change names to cryptocurrencies. Who are they to decide to call Bitcoin Cash Bitcoin and Bitcoin Bitcoin Legacy?!? This will create huge confusion in the market and it smells like a poor attempt to influence the exchange rate in favor of a coin that, most likely, they are heavily invested in.
I think anyone in this space that is concerned about BTC or BCH is heavily invested. I don't think thats the point anymore, the point is; what actually works? Why would anyone want to use BTC if it keeps going like this? BTC became big because you own your wealth and you can trade that wealth P2P without middleman keeping costs down and speed high. If it can't do that, and doesn't want to live up to that then whats the point in using it at all? Because everyone thinks the price can still go tenfold? Sorry to break it but then you're just in a ponzi scheme. Hoping to dump your unusuable crap onto someone else for a profit.