I find myself wondering if you all have seen this video?
https://steemit.com/cryptocurrency/@teamsteem/dan-larimer-said-one-of-the-most-inspiring-thing-ive-ever-heard
Start about 3 minutes in, and see what Dan thinks about oversight, and centralized authority.
Good point about how often will BTC fork.. It occurred to most I think; what's to stop this from happening constantly?
It's one of the things people most hate about ETH for example; but POW tokens will be prone to it I guess; their communities are not so orderly and organized.
But BCH may have a real purpose, as it creates new opportunities. Probably mostly for miners, but also people that need trades to go very quickly. I can imagine BCH trades VERY FAST compared to BTC, for example.
Probably less than 30 seconds, and it will be cheaper transactions too.
Listening to it now, thanks for the link!
Yes it will be interesting to see which coin the market ultimately decides to go with. They will likely both exist at least for a while. I didn't sell my BCH right away like some, just in case.