Join Nostr
2026-02-01 17:55:50 UTC

Kortik 🇦🇲 on Nostr: A Bitcoin chain split would be harmful to everyone involved because it introduces an ...

A Bitcoin chain split would be harmful to everyone involved because it introduces an uncertainty confusian where users cannot reliably confirm whether their transactions have achieved final settlement.

Here are the main problems:

**Lightning Network disruption**: Channels would exist on both chains simultaneously. If you close a channel on one chain, the closure might be invalid on the other, locking up your liquidity indefinitely and breaking routing across the entire network.

**Exchange freezes**: To protect against replay attacks, major exchanges would likely halt Bitcoin deposits and withdrawals for weeks, trapping users’ funds at precisely the moment when prices are crashing and people most want to move or sell.

**Replay attacks**: A transaction valid on the minority (“spam free”) chain could be replayed on the majority (“Core”) chain, potentially causing users to unintentionally spend (and lose) their main holdings while trying to sell the forked coins.

**Damage to perception**: The widespread technical chaos would scare off existing and potential users, erode confidence, and undermine Bitcoin’s “digital gold” narrative—especially since there would now be two competing versions, each claiming to be the real Bitcoin, effectively inflating the total supply in the public’s eyes.

This isn’t simply a matter of “holding both coins.” It’s a prolonged technical disaster with terrible optics for the entire ecosystem.

In the long run, Bitcoin tends to survive everything, so the split probably wouldn’t kill Bitcoin. But the short-term disruption and uncertainty could easily last for months.