> The organic state of a cryptocurrency fork is that all extant holders receive a new asset, which may or may not be worth anything. A company cannot seize that asset without consideration.
So if I fork Bitcoin into Billycoin, this demands action by Coinbase?
Sounds like bdcravens and I should launch Billycoin, but only have it trade on an exchange we control, with no liquidity, so we could push its price through the roof.
I've also just sold 0.000001% equity in my startup to my dad for $10. Does anyone want to invest in my billion dollar idea? Am I a unicorn?
So if I fork Bitcoin into Billycoin, this demands action by Coinbase?