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RE: ETH vs. ETC - What matters is the future.

in #ethereum6 years ago

It's very interesting to see what everyone said about ETC 2 years ago. From $2+ ETC is now $12.65 while ETH is $277 and ETC is about to be put on coinbase. It seems that those that hodled ETC made a nice return on invest ment and right now there are many estimates online that it will be $100 by the end of 2018 and $200-$250 by 2020.

I for one am cut from the same cloth as the "law is code" belief system and I firmly believe that Bitcoin has maintained its role as king of the coins not simply because it was the first, but because it was the most reliable in that it maintained this stance of law being the code and never considering a reset fork.

Reset forking is dangerous and wrong. Sure, you can care about the DAO that would have lost a lot of their money, but what about all the little people on the network that got ripped due to that reset? When millions and ultimately billions of people need to use a network all at once, forking backwards for the benefit of an elite few can disrupt billions of other human beings and their business agreements.

What if you had sold your car and it was already physically transferred and then they fork backwards? Sure your money is still in the old one, but if no one will be supporting it anymore you got seriously messed over.

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