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Friday, July 28, 2017

Fear Not The Fork But The Fear Itself: Bitcoin Wisdom

Fear Not The Fork But The Fear Itself: Bitcoin Wisdom

There is no denying that the initial fear of the Aug. 1 fork, which was quelled with BIP 91, and the Bitcoin Cash potential fork are playing havoc with Bitcoin price. However, the bark could well be worse than the bite when it comes to currency forks, if history is anything to go on.

A cryptocurrency fork sounds like something new, and something that can only affect digital currencies because of a technical ‘fork’ of the Blockchain. But this is not entirely true, currency forks have been seen since the 1960s, and they have been seen on currencies as big as the US dollar.

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Source: CoinTelegraph

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