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2024-12-29 03:01:38
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Farley on Nostr: BlackRock’s Fork is Just Another Fork—Not Bitcoin The beauty of Bitcoin lies in ...

BlackRock’s Fork is Just Another Fork—Not Bitcoin

The beauty of Bitcoin lies in its decentralization and consensus-driven network. No single entity—not even BlackRock with its immense fiat-based influence—can dictate what the majority of the network agrees upon.

A fork, regardless of who initiates it, cannot redefine Bitcoin. The Bitcoin network’s strength lies in its distributed nodes and miners, operating under transparent, immutable rules. Any attempt to centralize or co-opt it would be rejected by the vast majority who value its trustless, decentralized nature.

The claim that "everyone" might mistake a fork for Bitcoin misunderstands Bitcoin’s essence. Bitcoin isn’t a brand or a name—it’s the immutable protocol and the consensus that secures it. While fiat power can create noise, it cannot rewrite the underlying truth that Bitcoin’s resilience comes from its users, not centralized forces.

The network thrives because it resists coercion, not because it succumbs to it. Bitcoin remains Bitcoin—anything else is just another altcoin.
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