Friday, 28 August 2020

gametheory discussion

more opinions are needed since this upcoming split is not as black/white as people think it is.

what are some of the reasons why either chain would win?

Since there's primarily been only BCH scenarios, I'm going to play devil's advocate and suggest some IFP scenarios.

I can't help but feel this might turn into a very unproductive emotionally charged discussion, but there aren't many other gatherings of bch enthusiasts.

anyways, if a developer is funded by and has a fair amount of IFP-coin, there's a good chance that he will want to increase the value of his holdings. Of course this is true for every coin, but in BCH there's only one company (off the top of my head) who pays employees in crypto. Practically every other developer is paid in fiat and buys BCH. It's a different thing when you're paid your salary entirely in crypto.

In this scenario, I can see the IFP coin drawing in more developer talent. However, It still has the problem of having to re-build an ecosystem (users, wallets, marketing, exchange support, etc). It's possible that the level of talent hired is really good and they're able to rebuild all those missing things, but it will take time and also does not guarantee a user base follows. Take BSV for example; They actually had some wins on their side compared to their BCH counterparts.

  • HandCash vs pretty much any bch wallet, the UX was superior on handcash

  • Money Button vs REST. MB had better UX, documentation, and was more inviting for developers.

The point being, despite being better in some scenarios, ultimately it didn't matter and nothing came of BSV.

Oh, I should have prefaced with don't make this about personalities. Let's try to be objective. What are some other scenarios you guys can think of where the minority chain can win in the end?

submitted by /u/sayurichick
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source https://www.reddit.com/r/btc/comments/ii28eg/gametheory_discussion/

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