With the recent news of hash wars and Bitcoin Cash’s hard fork many people in the space are wondering what will be the implications of the BCHABC vs BCHSV battle.

Benjamin Trump is a highly regarded researcher and an ORISE Fellow with United States Army Corps of Engineers. He authored a paper called “Cryptocurrency: Governance for what was meant to be ungovernable” in the journal Environment Systems and Decisions. In the paper, Trump says hard forks are no joke and actually one of the most serious threats to the stability of Bitcoin and other cryptocurrencies.

Trump thinks that these possible looming forks hanging over the heads of investors and users of digital assets will only serve to create a negative and pensive attitude in the space. Disruption of a cryptocurrency’s blockchain in this way might cause people to lose trust in it and its capacity to survive as a reliable vehicle of exchange, says Trump.

Hard forks are a threat to maintaining a stable and predictable operating platform that is essential if cryptocurrencies are to be adopted for daily financial transactions.

Hard Forks also create a lot of work for exchanges. Which is a fact that doesn’t seem to be appreciated by Binance’s CEO Changpeng Zhao. He took to Twitter to talk about it in the days leading up to the Bitcoin Cash Hard Fork.

Let's get this stupid fork over with already. I honestly don't like forks. — CZ Binance (@cz_binance) November 15, 2018

But at least he showed a sense of humor about it in a follow up tweet.

I still prefer chopsticks, they coexist in parallel, and compliments each other. — CZ Binance (@cz_binance) November 15, 2018

Many exchanges close to suspend trading of Bitcoin Cash and some users had their funds frozen with no ability to move them. It’s never a good thing to be freezing people’s assets when it comes to the health and stability of the market.

And on top of that, it’s a fair guess to assume “decentralization” enthusiasts won’t react well to not being able to move their coins.

When a hard fork happens, usually it will be due to some contentious situation. If the community is spilt and building negative momentum a hard fork will mostly likely create 2 weaker communities. The new resulting communities will argue over who is the “true” community, which is “fake” and cause all kinds of uncivilized discourse.

Forbes even specifically cited hard forks as one of the key aspects of the crypto space that make the investment so risky. They warn investors to be wary of possible political strife within a cryptocurrency’s community and note how the “constant specter of civil wars and forks, which can bifurcate the consensus on cryptocurrencies, thus eroding market share, valuation and adoption.”

In the aftermath of this most recent hard fork, many leaders in the space are taking a harsh stand against Craig S Wright, the BCHSV proponent who called for the hash war and Bitcoin Cash split.

A recent exchange between initc3.org director and Cornell professor Emin Gün Sirer and IOHK CEO Charles Hoskinson.

No surprise: Responsible exchanges don’t look too kindly on clowns who oppose replay protection, announce intent to defraud exchanges, and try to launch deep reorg attacks.

Hoskinson replied with some strong words.

What do you expect from an ecosystem led by a person who embraces plagiarism, bullies and repeatedly lies. His entire argument is that he’s god so follow him because he’s god; beware his divine wrath. It’s a sick joke.

The exchange ended with Emin Gün Sirer declaring “I love how every clever person in every coin is united in their contempt for this guy.”

If the results include bickering crypto communities and investors with uneasy stomachs, we must ask Hash Wars, what are the good for?