Gold collapsing. Bitcoin UP.

cypherdoc

Well-Known Member
Aug 26, 2015
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Good read. Sooner or later reality about SV comes home to most.
However, still wrong about Bitcoin Cash.
The reason to run / use Bitcoin Cash is because Bitcoin was designed to be a peer to peer electronic cash system. Not because of anything to do with Craig Wright.

Digital gold with segregated payment layer is a (poorly conceived) re-invention of existing banking systems, and nothing to do with why Bitcoin was created. But good luck to him.

that's hilarious, especially when you read just how much practical trouble he had and apparently will have again with btc. not that he had any trouble at all using bsv; he's just concerned with theoretical troubles, like the banning of porn, which wouldn't result in shutdown of the BSV chain. and oh yes, bad man aussie :

 
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I don't hate bsv, I just think that its approach is misguided and has left the trajectory of p2p cash set by Bitcoin.

And, I think it attracts crooks and liars like shit attracts flies.
So what? Why do you care? I think the same or sth similar about many crypto currencies, including iota, eos, bch and more, but i don't spent all my time raging against them here.

Promote bch, make bch better, and so on, instead of wasting your time with senseless discussions. I would prefer this, because, other than you, I am happy for every adoption of bch, and if someone would leave bch for btc, I would be sad.

What makes you enthusiastic about bch? I could tell you a dozen of reasons about bsv.
 

cypherdoc

Well-Known Member
Aug 26, 2015
5,257
12,995
>but i don't spent all my time raging against them here.

or in those respective coins strongholds. note how you don't see me wasting my time raging against BCH in r/btc or against BTC in r/bitcoin. no, he's been assigned to GCBU to sew division. this is his main "interest" instead of devving ABC.
 
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bitsko

Active Member
Aug 31, 2015
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"I don't hate bsv, but my politics drive me to spend the majority of my time finding ways to replace it with the version of bitcoin that appeals to my politics, despite the high likelihood my political bitcoin version getting liberty reserved- but only after its too late to get momentum behind something that wont get shut down by governments due to its design features against compliance."
 
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cypherdoc

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Aug 26, 2015
5,257
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sometimes the railing against BTC's SOV meme gets so over the top, even BSV's strongest proponents forget that BSV is also a SOV; which just so happens to be 50% of it's allure whether they realize it or not.
 

Norway

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Sep 29, 2015
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I think anything claiming to be a store of value, has to be stable long term. Neither BTC nor BSV will be stable the next 6 months or next 3 years.

However, I think the end game for bitcoin is to be the most stable asset in history. We are on a path to get there, and it will probably be an S-curve. It will never become completely stable. 100 satoshi will probably buy more in the year 2110 than in 2100, because everything gets more efficient over time, but the whole speculation aspect will be gone and moved to business investments.

The current volatility is why I have become a big fan of more stable tokens based on BSV, and I hope my company can deliver practical solutions for this with KaChing. A stable token like this could be a national fiat based on Tokenized, but it can also be a form of giftcards for retail chains. It's good to have the story of mPesa in mind when thinking about these issues.

If you expect BSV or BTC to increase in value over time, call it an investment. Not a store of value.
 
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AdrianX

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Aug 28, 2015
2,097
5,797
bitco.in
People speculate. SoV is not a utility in of itself, Value is a subjective human preference, that can't be stored. It becomes a meme when we all believe it, Ponzis depend on it.

SoV is a function of sound money, velocity, fungability and durability. It's one of the things we speculate on becoming more prevalent, I agree with @cypherdoc you don't want to discredit/discourage people who wish to use sound money. You want to give enough information to discourage the Ponzi nature of the grater fools theory of investing in a "subjective human preference" Bitcoin is money, it is a SoV and much much more.
 
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Norway

Well-Known Member
Sep 29, 2015
2,424
6,410
It's friday night, and our bitcoin business is booming!

Our company will be one of the big plumbers in the future financial systems!

That's why it's time to put a classic record on the gramophone:

The official bitcoin party track from @AdrianX "Bad Taste" himself:


(My favourite is the girl solving Rubik's Cube. She may be a lot slower than @deadalnix, but way hotter.)
 
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cypherdoc

Well-Known Member
Aug 26, 2015
5,257
12,995
Jimmy has to stop attacking the SOV meme. why is this so hard? :

 
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