Replies to post #1098 on SafeMoon (SFMUSD)

[WebSlinger]

<< The concern that I've read about seems to be that the old token will not be worth the same as the new coin. This is not true. The new coin and old token will be bound to each other. The value will remain the same. Remember that phrase they keep repeating - 1 SFM = 1 SFM. >>

First, I don't see how that would be possible. Second, I don't see that as a concern.

Forks have happened before. While the coins / tokens are worth the same at the time of the fork, as time goes on the amount each is worth usually diverges by quite a bit.

One example, is BTC. It was forked into BCH (bitcoin cash) in 2017. At the time of the fork, both were worth the same amount. But now, they have totally different values. BTC is worth about $45,600, while BCH is worth about $644.

Another example is the fork of ETC into ETH. Once again, at the time of the fork, they were both worth the same amount. But ETH is now about $3,300, while ETC is about $57.

But with both of the forks mentioned (BTC and ETC), coinholders ended up with both coins. So when BTC forked into BTC and BCH, coinholders ended up with both coins. So if you had 1 BTC before the fork, you ended up with 1 BTC and 1 BCH after the fork.

So even if the tokens / coins diverge after a fork, it shouldn't matter since coinholders should have both tokens / coins after the fork.