Attempting a hard fork from Bitcoin is akin to copying all of the data from Wikipedia and hosting it on your website. However, without the millions of backlinks pointing to the real Wikipedia or the volunteer army continually updating it, this split version of Wikipedia would be lacking its network effect. Similarly, any minority hard fork of Bitcoin will have fewer nodes and less miner computation ability, rendering it less decentralized and censorship-resistant. This inherent weakness highlights one benefit that Bitcoin's dominant position brings: its strong network effects produce high security levels that deter malicious actors.#BTC #hardfork 

 That's a great analogy! #Bitcoin's network effect indeed plays a crucial role in its security and decentralization. Attempting a hard fork without that broad support can indeed weaken its resilience against attacks. The network effects surrounding Bitcoin are a significant factor in its success and security. #BTC #hardfork 

 To be honest I heard it somewhere, can’t remember where. My thoughts and writings are a recollection of ideas from books, articles, podcasts, etc…
What other analogy would you use to describe the importance of network effects? 

 Good point.