The founder and partner at Morgan Creek Digital, Anthony Pompliano suggests one should walk away from the recent frenzy around the BCH fork as it divides into the constituents, three in number. The hype is crazy as of late running wild over the crypto enthusiasts and analysts alike. Pomp regards the recent events as a minor setback for the BCH which the audience is not supposed to create such a great deal about. This is all part of the plan which will be unveiled in the future. We must wait for the time as we cannot reap the benefits that are yet to be put basis to. Pomp takes a shot at the BCH forkers that they are nothing but fake bitcoin bootleg creators differing in their copied thoughts. BlockPublisher set to extract some remarks from Pomp over the very issue.
The working that is being done behind the curtains is a little much for us to take all in. Don’t get distracted by all the hype circling the ones who are eager to create a fake bitcoin network.
The shot on the the likes of Craig S. Wright is not the first one as we have seen other analysts like Joseph Young doing the same. Dr. Craig S. Wright is among the three forkers of BCH yielding the Bitcoin SV. The step has all the crypto fans circle him accusing him of being a Satoshi imposter branding him as a wannabe. The other two forkers are not less known than CSW either as they hold their individual views about what a crypto must be like.
The roadmap of BCH is seeing the fork that branches the roadmap to three separate directions. These directions will in the future yield different results. But as Jimmy Song states, the fork has done the inevitable benefit of increasing the concentration of wealth of a single coin. That being said, we roll on to what Pomp suggests, not make a great deal out of it just yet as it is just the thought space redefined for the branched cryptos which was ambiguous previously as the three branches were working a single school of thoughts.
The outcomes of the forks will soon be obvious which is foolish to judge right now. The pieces will take time to fit in the right places, if they ever do. Anticipating what will the future hold for the emerging cryptos will be a false move right now.
We won’t know the impact of these decisions for awhile. Trying to capture lessons learned right now is likely to lead to false positives IMO. At some point, it will be worth studying but now is not the right time.