The Part Time Economist

The Greatest Fork in Crypto


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Today's article originates with a comment left by Swca.ch who made the observation that although Blockchain technology prohibits the government from taking funds directly from your cryptocurrency wallet, improved analytic software now gives governments the ability to track wallets and limit blockchain access. Although the government can’t strictly take money from a crypto wallet, advanced blockchain analysis software will someday (if not already) allow them to match public keys to real-world identities and levy real-world penalties to enforce compliance much the same way they do with traditional financial assets - thus weakening one of the main arguments for crypto. In today's article, I'd like to discuss the most important cryptocurrency fork that will ever happen, its impact on the crypto market, and why I believe such a fork is likely.

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The Part Time EconomistBy Part Time Economist