Christoph Bergmann
Active Member
It's nice they are doing this. But 170mb alone are Ryan uploading high res photos from San Francisco. It's more like a battle testing for real and sustained big blocks than adoption.
I don't think it will add much value at this stage. Maybe when business start using the chain for real things, like uploading contracts, records and so on.
Money is purchasing power. To have demand for money, it needs to be a unique kind of purchasis power, with things you can only buy with this money. That's what makes getting crypto into mainstream so hard. You can already use all kind of money's to buy everything with.
For some time bitcoin had (and still has) online drug markets as the unique purchasing power, later altcoins and shitcoins, now it's more like a purchasing power as a goal itself.
And there are thousands of coins competing to be just 'purchasing power'. It wouldnt make much sense for bsv to compete with all them on being the crypto mechanism for purchasing power. BCH does a good job for this.
But creating a unique purchasing power seems like a smart move from bsv. They are already years ahead with letting people purchase structured blocks pace, they are uncompeted in this field, not anyone even close to it.
Sure, it is already madness, let there be 1000 Ryans uploading hi res pictures, and we have gigabyte blocks. We will learn a lot about blockchain capacity, thats for sure.
I don't think it will add much value at this stage. Maybe when business start using the chain for real things, like uploading contracts, records and so on.
Money is purchasing power. To have demand for money, it needs to be a unique kind of purchasis power, with things you can only buy with this money. That's what makes getting crypto into mainstream so hard. You can already use all kind of money's to buy everything with.
For some time bitcoin had (and still has) online drug markets as the unique purchasing power, later altcoins and shitcoins, now it's more like a purchasing power as a goal itself.
And there are thousands of coins competing to be just 'purchasing power'. It wouldnt make much sense for bsv to compete with all them on being the crypto mechanism for purchasing power. BCH does a good job for this.
But creating a unique purchasing power seems like a smart move from bsv. They are already years ahead with letting people purchase structured blocks pace, they are uncompeted in this field, not anyone even close to it.
Sure, it is already madness, let there be 1000 Ryans uploading hi res pictures, and we have gigabyte blocks. We will learn a lot about blockchain capacity, thats for sure.