It's certainly no more magic than fiat currencies. Thanks to central banking activities, those are essentially split just like BCH every few years (think inflation).
RE: Was a dangerous precedent just set? (Looking for community input)
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Was a dangerous precedent just set? (Looking for community input)
Yes. And also, unlike with fiat money, we've got the choice to ignore and not accept Bitcoin Cash - as many did, if I'm not mistaken.
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