Is Bitcoin Cash a Nothing Burger?

in bitcoin •  7 years ago 

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Some of us were up late watching the fork-shaped asteroid approach the world of Bitcoin.

As of this writing, according to the very useful site btcforkmonitor.info, not a single Bitcoin Cash block has been authored since the split which occurred on schedule.

We see this by noting the blockchain height at the time of the split 478558, and its current value, 478558.

The Bitcoin chain has moved on to 478600. So long, baby!

Maybe later today there will be a new block. But more important is the support of the ecosystem of us, the users, miners, and exchanges, and ultimately the vendors of goods for a new currency. Will that support extend past the quick buck that some are looking for in the split?

Forking and worldwide decentralized decision making are the great features of crypto. Far better than Janet Yellen having a gas attack in the middle of the night, deciding on a new interest rate or more counterfeiting.

What have we learned? Change is fun, dangerous and part of the reality of us taking back control of money from the elite.

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