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As we’ve noted over the past week, there’s a full-scale “nerd war” going on in bitcoin community.
To recap: One faction of developers wants to scale the bitcoin code to decrease transaction times. The other faction wants the code to remain the same.
The internal warfare could lead a fork (or split) in the bitcoin network. A cryptocurrency fork is similar to a corporate “spin off.”
In today’s must-see 3-Minute Market Minder, PBL editor Teeka “Big T” Tiwari says these splits can get a bit messy. So he suggests you take possession of your bitcoins because some exchanges might not support a new variant if a split occurs.
In today's video, Big T shares a couple of cryptocurrency wallets you can use to store your bitcoin in the case of a split. If you want to be prepared for a possible fork, watch the video…