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Cashgrab. However the whole reassigning crypto slop more than anything is just to generate outrage, free marketing, out of bitcoiners. Probably not enough for them to make much money.
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Ah yes, cryptocurrency: built on an immutable ledger so that your money is safely secured by your private key until the project devs decide it’s not.
The article states it's just a fork, AKA a separate coin that copy/pastes the current Bitcoin ledger. Even if every dev wants this, that is a "hard fork" (not backwards compatible), and creates a new version of the coin. Ex: if you want to add a smiley face to some Bitcoin log output, you 1) make the change, and 2) nothing happens until 3) miners agree to use that new version.

Look into "Bitcoin Cash", a near identical coin except it has a larger block size. Completely different token and therefore has 0 effect on Bitcoin.

Alternative headline: "Bitcoin Dev doesn't understand why people pay money for bitcoin".
Headline should read: "Person wants to create a Bitcoin fork, like has been done many times, and does nothing to the original Bitcoin ledger"

And his company's tagline is "Make every transaction a Bitcoin txn." Make it a what?