Bitcoin SV Having Problems with Hardfork also Craig Wright!

[wry]

Craig Wright self proclaimed and widely derided creator of bitcoin has also brought us Bitcoin SV, where SV stands for Satoshi Vision.

Back in late July SV had a hard for and a couple of weeks later about 20% of SV nodes are still on the old software.  I'm guessing this is what has helped to crater the price of SV even further.

The linked article has a nice discussion of hard forks which was pretty cool.

The key thing going forward though is Craig Wright himself.  While this guy may be a total bozo for trying to claim to be Satoshi, it is clear he mined hundred of thousands of Bitcoins early on.  He claims they are locked up in a trust.  I expect they are, but when/if he does get access to them he will be a force to be reckoned with.  He could use them to buy up SV or crash the BTC market.  So this guy bears watching.

Link:  https://www.coindesk.com/in-big-block-hard-fork-craig-wrights-bitcoin-has-left-nodes-behind

[williamshennie9]

It is scary to think that the majority of bitcoin and major altcoins is held by a select few people in this world, who indirectly (or directly for that matter) and move the price up and down, regardless of what the people want.

[djonox]

I do not know if the BSV will increase in time I have never heard about it I just learned a new one.
 

[Kevin Santos]

Pretty interesting, thx for interesting info