Bitcoin Gold Hard Fork
Have you heard of the upcoming Bitcoin Hard Fork to create Bitcoin Gold slated for October 25th 2017?
Here is an article on it
https://news.bitcoin.com/another-bitcoin-fork-bitcoin-gold-project-plans-to-fork-bitcoin-next-month/
What do you think? Is this a joke or can it truly be archived? What would be the real benefit for the creators apart from the monetary gain?
I've been wondering if the creation of all these tokens is counteracting the hard upper limits on Bitcoin as a SOV? Bitcoin itself has a limit of 21 million, but with all of the forks happening in the future, there could be at minimum 63 million coins between the different versions of bitcoin. If this continues, would it not be similar to printing up your own currency like the Fed does?
it a joke read more about in my post https://steemit.com/bitcoin/@sames/bitcoin-gold-a-fork-disaster-but-hey-free-coin-for-us