The larger picture is this: the popular movement is towards decentralization and access over ownership and we see BITCOIN EVOLVING with #AirdropForks: Bitcoin can remain unchanged (note: Bitcoin can forget about the contentious process of updates) and act as a store of value and serve as an anchor for all possible versions of Bitcoin: functioning together to build a much larger maximally adaptive economy I call the #BitcoinHydra thesis!
Altcoins should be replaced in this process, where airdrop forks will allow holders of BTC to have a stake in all possible Innovation moving forward and allow for a new kind of #UltraAntifragility in the Bitcoin economy even as it becomes more responsive to external economic and political pressures.
The larger Bitcoin network will offer all possible choice and engender the less risk in any market at the same time. Because its very nature will be about maxim adaptability!
AirdropForks perfectly address even the legal vulnerability by all the top altcoins under government attacks-which Bitcoin is exempt. Bitcoin being the most decentralized and important chain by far, will stand outside the scope of government control and regulation. When the regulation clamp down happens and the SEC shutdowns and/or the crypto-bubble busts, this event will narrow attention on the real value Bitcoin offers while at the same time bitcoin airdrop forks bloom into a much larger #TokenSystem.....
I have a link to the show where Tone makes the legal case for my question, after the others dismissed it...at 1:29.15 Here
Tone talks about the legal advantages of Bitcoin Forks and no one picked it up in relation to my idea! He practically says the same thing I did earlier, but the moderator failed to raise the big question....What Bitcoin can Evolve into a much larger network of all possible iterations of Bitcoin... A BLOCKCHAIN HYDRA. My questions showed up at 0:55:45 and 1:19.00
What Bitcoin can become is more like a quantum object: realizing all possibilities at the same time. How will governments even begin to fight such a network? When every vulnerability in one branch is already being innovated in another branch....
One investment into Bitcoin, gives us buy-in with all future possibility....
I don't like the idea of trading altcoins for #AirdropForks I guess that's one direction but, I think the technology is bigger than just one coin. I think of the altcoins as the branches and bitcoin as the trunk. Altcoins only have value because of Bitcoin. Ethereum has branches of it's own but is still attached to the bitcoin trunk. Altcoins are already forks of bitcoin, in a way, because BTC started it all with blockchain tech and altcoins adapted the code for their own uses.
That is the point exactly: what everyone is missing is that the way forward should align all interests with Airdropped forks off Bitcoin: Because Bitcoin is King, it only needs to serve as the body of investment. What bitcoin can become under this prescription is all possible iterations of blockchain within the same investment.
Right now speculators are playing us against each other and even these altcoins that innovated in different directions are antagonistic to Bitcoin. I think this technology is going to have to unify naturally or align and evolve into one large multi-token system through airdropped tokens off of the Bitcoin tree....
Once the whole cryptocurrency market becomes unified, the risk and unlimited possibility of blockchain opens up into a new era of cooperativism.
Once government steps in to really fight, all of the top alts will be hit hard, bitcoin is too decentralized to care! This will be when the #BitcoinHydraThesis is initiated!
I don't see people moving out of Bitcoin to buy a bunch of altcoins in order to get a fork from them because all they will doing is creating a massive tax liability...
Most people have their value locked up in Bitcoin all of these altcoins represent a ton of speculation that's the money that these people are already gambling with!
The way this is going to work out in my opinion is that Bitcoin because it is a store of value will have all of these proportional airdrop Forks off Bitcoin and it will essentially start to instantiate all possible Innovation within a multi token Bitcoin Network.
The Bitcoin Hydra thesis is just that simple