๐จ BlackRock Wants to "Hardfork" Bitcoin? Really? ๐คฏ
Recently, there has been news that BlackRock's S1 filing for a Bitcoin ETF could allow them to claim which version of Bitcoin is considered the original. ๐ง If it really happens, what will happen to the Bitcoin network as we know it today? ๐ณ
FYI, hardforks are technically very easy. Anyone can take the Bitcoin code, change it to their liking, and boomโa new fork is born! But, the problem is not only that. Without community support, nodes, and user adoption, the new version is just software that no one uses. ๐ โโ๏ธ
So, the question is: Are we comfortable with a big player like BlackRock having this much influence? ๐ค