Thursday, August 3, 2017

Why a Bitcoin Fork Is Not a 'Stock Split'

Why a Bitcoin Fork Is Not a

If you've been following the bitcoin fork drama this week, you may have heard the term "stock split" thrown around in interviews with "experts."


Before we get to the problems here, it's true that there are now two publicly traded bitcoin assets, bearing similar names with similar value propositions. They even appear side by side on some major exchanges.


The impulse to use existing terminology as a metaphor to refer to emerging technology is understandable. In fact, it can be incredibly helpful to use existing mental models as a metaphor for things we don't quite have our heads around just yet.


But this comparison, while well intentioned, is misguided: a blockchain fork isn't anything like a stock split.


Full story at http://bit.ly/2uYSGLQ


Source: CoinDesk


Tweet This Story

 

 

 

Donation:
If you appreciate the things I share, consider making a contribution
no matter how small via PayPal or with TransferWise (EUR).
If you use Bitcoin you can send donations to my Bitcoin Wallet:
12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.