/biz/ - Business & Finance

>>11588602
I'm not sure if this guy is full of shit or not, I'm trying to wargame it out in my head..
Let's assume nChain *does* have a huge stash of BTC and BCH and are prepared to use it in a war chest to mount this operation.
They have control of coingeek's hashrate, that much we know so we can take it as a granted that at least they will be in on the op.
We also know that BTC and BCH are both not very profitable at all right now, they're in a trough, so "bribing" the miners to mine this new iteration of the BTC chain without replay protection but with the BSV consensus rules instead of the core blocks with the 1mb limit and segwit I guess would be possible? All it would take is a little push to really torpedo BTC mining profitability, BCH's DAA would self-adjust downwards to compensate also making it even less well protected, so that single move might indeed cause both those chains to be very poorly protected indeed.
If from then on in, the new BSV rule blocks are heavily compensated because they start buying the shit out of them with the funds they liquidate from selling BCH and BTC... Fuck
That could actually work.
Am I missing something? Who the fuck just unceremoniously spells out information like thiis on fucking biz of all places? Something has to be wrong with this.
If I'm right about how this would transpire, yes, present BCH holders will make out like bandits, BCH holders that trade in for BSV will make out like even wealthier bandits, and BTC holders will get utterly and completely fucked.