It's been well-publicized (though maybe not conclusively proven) that Bitmain is heavily invested in BCH, holding upwards of $600M in BCH alone.
I see an endless waterfall of speculation on this sub about nChain, Ayre, et al acquiring 40% to 51% of the BCH hash rate. Ok fine, that's, best case 51% of the CURRENT hash rate.
Is everyone so naive as to believe that Jihan is going to sit on his hands and allow effective control of the BCH token to be monopolized by the nChain cartel? Especially as his company prepares to enter the world stage in one of the largest IPOs ever recorded? (Assuming the IPO doesn't fall apart.)
Is everyone taking crazy pills?
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source https://www.reddit.com/r/btc/comments/9bnctl/why_is_everyone_ignoring_the_chinese_elephant_in/
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