Excellent article. I find myself still with much I don’t understand and many points of confusion. I will keep reading. But are you asserting that the logic of your position will prevail in the sense that bitcoin + lighting + segwit? but not segwit2? will be what is known as, used as bitcoin and BTC or XTC on exchanges?
Thanks for your comment Adam.
SegWit2X is the precursor for 4X, 8X, 8X, 16X. 32, 64, 128 etc. That means what is written in this piece:
Applies fully. Capacity must not be pushed solely into Big Blocks, in order to preserve Bitcoin.
As I understand things (I need to read more) BTC2 is a coo by miners. But surely, with much money behind this fairly small concentrated group, the billions they collectively own, the mining channels they own, the mind share they can influence and buy, the apparent 90% unanimity about segwit2, it would seem the value in bitcoin will migrate there.
It wont. BIP148 is going to prevent them from destroying Bitcoin. They can create an alt-Coin if they want to, but they cannot control Bitcoin.