Great blog explaining expected August 1st Bitcoin hard fork implications

(image source: Pexels.com)

If you're wondering not only what the debate is about but also what the possible implications for bitcoin owners/holders are, this is worth a read. The post was created by Melwin Philip (all credit goes to him). Do you agree with his conclusions?

Not intended to be investment advice - please do your own research

Summary:

• User Activated Segregated Witness to happen on August 1st.
• Miners may hard fork after 12 hours of Segwit.
• Investors will own two coins if hard fork happens.
• Long term Investors are advised to move their bitcoins from exchanges to personal wallets like hardware wallets or paper wallets.

https://seekingalpha.com/article/4084004-make-break-august-1st-event-coming-bitcoin-investors