Core tokens have an address that begins with 3; whereas, Bitcoins begin with 1. But many exchanges and wallets lie to users and say that both address formats are Bitcoin. After the hardfork off of Core, then the current blockchain will be forked into two blockchains. Everyone who had 1 address tokens before the hardfork (in May 2020?) will keep those tokens on both blockchains. Those who had 3 addresses will only have tokens on the Core blockchain, because the legacy Bitcoin blockchain will not support 3 addresses.

The market (e.g. exchanges) will need to distinguish these two blockchains (which they can do by observing which blockchain is enforcing Core protocol rules for 3 address tokens), but they may be hesitant to do so initially. We just have to see how it plays out and what bullshit names are chosen for each of the two forks after the hardfork. Do note that my hypothesis (and Craig’s promise) is that the Core protocol blockchain will after it hardforks off, have such a low level of support from miners that it essentially rarely mines a block and becomes too slow to confirm transactions.

P.S. I remember it was the Fed’s decision to stop raising interest rates that seemed to correlate with risk-on assets rising after the crash in Nov/Dec. So recent news is that the Fed may be forced to cut rates at the next FOMC meeting June 18 or July 30. So that might be the timing for the next move higher to $12+K. Which remember was my projected timing.