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.
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.
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[ 7.3 ms ] story [ 27.3 ms ] threadLook into "Bitcoin Cash", a near identical coin except it has a larger block size. Completely different token and therefore has 0 effect on Bitcoin.
And his company's tagline is "Make every transaction a Bitcoin txn." Make it a what?