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RE: China To Use The Blockchain For Social Taxation And Issuing Electronic Invoices
Wow. I knew China was going to embrace this tech. Huge. And the geniuses in America just abandoned the original bitcoin to the Chinese, brilliant!
I think in the long run only one of the forks will survive. If Bitcoin Cash becomes more profitable to mine, it could throw the original chain into a death spiral as hash power leaves and the backlog grows.
In a way this is alarming considering the nature of the communist china. Also eventually USSA will get some inspiration from this and attempt at a FEDcoin. It's better to support more decentralized project that are not government backed. All they want is more control.
The constant struggle of man vs. govt. will probably always exist on some level.
But the will to be free will always persist. IMO that IS what it means to be HUMAN.