Interesting indeed... The bitcoin now have only one good side - network effect / wide adoption. So this BTS-U looks like more of PR for BTS than a real deal, but why not? This "bitcoin" is as much bitcoin as Abrams tank is Ranault-LT tank. They both a tanks, but that's it. )))
@stan can you please name the main reasons to fork BTC onto BTS-ecosystem, instead of doing a completely new asset witch may be better suit the role of "digital gold"? As far as I can see its:
- PR for BTS ecosystem using establised brand - BTC (PR)
- All BTC users gain something on BTS DEX, so they potentially will check it out (PR again)
- Wide initial coin distribution, better than a ICO-based one (this is a big deal, actually)
- ... what else?
As I mentioned in the article, its better for all coins to be on a counterparty free exchange. If bitcoin moves there, so will others.
I say it again Bitcoin is not going anywhere. this article just proves my theory.