Justin Fox, Columnist

Bitcoin's Anarchists Can't Make Up Collective Mind

What did you expect?

August 19, 2015 at 7:21 PM UTC

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”

One or the other, or both, or maybe neither. We'll get back to you.
Photographer: George Frey/Getty Images

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We are now in Day 5 of the Post-Bitcoin-Fork Era, and the Earth is still orbiting around the sun. Bitcoins are still being mined and traded, too, although the price in dollars is down this week. We will all be OK, I think. Although there is at least a chance that bitcoin won’t be.

Since Sunday there have been two versions of the cryptocurrency making the rounds: Bitcoin Core, which is just what it sounds like it is, and Bitcoin XT, which sounds alarmingly like a Microsoft upgrade but is basically just Bitcoin Core with some added transaction-processing capacity.