Gold collapsing. Bitcoin UP.

trinoxol

Active Member
Jun 13, 2019
147
422
Germany

The skeptics are intently watching the conference. If BSV is such an obvious scam and dumpster fire, why pay attention at all? Why constantly tweet about it? Why post harassment replies to tweets of BSV figures?

Nobody does these things to other (actual) scam coins. Even the ones with a bigger market cap than BSV.

Update: Peter McCormack deleted the tweet. He was quoting from Craig's presentation which he was watching.
 
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pafkatabg

Member
Jul 6, 2019
37
95
medium.com
Well, it's not a surprise to see BTC and BCH close to each other in the OKCoin's images...There isn't a significant difference between 1MB and 2MB default blocksize. They are both some kind of experimental science projects for devs to play around. Both BTC and BCH seem to hate governments and real businesses. It's really hard to see what those projects offer to change the world for the better.
 

cypherdoc

Well-Known Member
Aug 26, 2015
5,257
12,995
While the first two have repeatedly shown their support for BCH, Bitcoin Unlimited has been detrimental to the project.

oh brother.

you know, i'm literally flabbergasted that @theZerg @solex @Peter R @Peter Tschipper @sickpig tolerate this megalomaniac and the 2MB default. hoping that BU somehow becomes the reference implementation for BCH is not a strategy, esp given there's literally no presence for them in ABC video meetings, etc. the only explanation i can come up with is that they've all sold all their BSV out of some misplaced conviction and/or hatred for CSW. c'est la vie.
[doublepost=1570124727,1570123791][/doublepost]while @freetrader pretends to be BU supportive, here's his true feelings:

https://archive.ph/qsc2B#selection-1767.1-1767.13
 

cypherdoc

Well-Known Member
Aug 26, 2015
5,257
12,995
i just wanted to post this random vignette from a newsletter i subscribe to. Stratfor is an American intelligence platform and publisher to predict the shifts in geopolitical power that shape our world. point being, the crypto space in general fails to appreciate the need for certainty in business investing, a concept that BSV and ROW clearly understands. this is a concept that extends throughout the financial world. you hear it all the time on Wall Street as well:

The "Uncertainty Factor" Grows
Uncertainty stemming from geopolitical risk is one of the chief drivers of stagnant economic conditions in much of the world. After all, how can businesses make reliable investment decisions when they don't know whether tariffs will go up or down, or what export controls they might face? From Brexit to the potential for war in the Persian Gulf to the White House's trade wars, the "uncertainty factor" weighing on the global economy will be accentuated in the fourth quarter. Under such jittery economic conditions, major central banks, already strapped for options, will attempt monetary stimulus at a time of historically low interest rates. Governments meanwhile will face pressure to temper deficit concerns and provide fiscal stimulus to boost their economies.
 
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Norway

Well-Known Member
Sep 29, 2015
2,424
6,410

Very true @cypherdoc. When we program and sell these cards, they have to work for several years without any updates of the software. Uncertainty is a huge issue.

We can't depend on an unstable anarchist Frenchman. Or BU developers receiving their salary from secret donors running elections where miners vote to change the rules.

"Let the miners vote on the rules" is a very bad approach.

1) Changing rules is a problem, creating uncertainty.

2) The people deciding the agenda, deciding the options the miners vote on is centralized and prone to corruption. Someone could pay them in secret. Oh, they already did to at least @theZerg and @Peter Tschipper. Maybe more people?

3) Miners voting on new rules make this proposal eligible for a vote: Increase the money supply or speed up the issuance.
 
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kyuupichan

Member
Oct 3, 2015
95
348
40 minutes until the live streaming from Seoul begins. I'm eager like a beaver. Today, it will be about business.

Feels like Shitcoin Unlimited (BU) and ABC is a tree house club for 5yo kids. Like Jimmy says: It's time for bitcoin to grow up.
[doublepost=1569972917][/doublepost]Just in! A live report from the treehouse. Kids considering post and pre consensus that is not consensus but it could be. Maybe. Let's implement Avalanche without implementing it. And record the effects it could have had while it doesn't have an effect.

This clown car is getting more crazy each day. Enjoy the madness, and see the true face of technocrats in action here:
Lol it's just sad. "SPV security is pretty lacking ...." I guess Josh Green is concerned about that long line of people scammed using their SPV wallets to receive payments. The line is so long it's empty!
 

Norway

Well-Known Member
Sep 29, 2015
2,424
6,410

Pay attention, it's not just gossip. After Lisa Edwards talk about her kids, she confirms that BSV is being showed to central banks.
 
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Norway

Well-Known Member
Sep 29, 2015
2,424
6,410
We all know bitcoin and fiat will be living side by side for many years. Tokenized fiat is the next big thing.

It's possible to create futures etc to hedge against the volatility to some degree. But it's too complicated for merchants. Simple pegs to fiat is the future until BSV takes over.
 
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trinoxol

Active Member
Jun 13, 2019
147
422
Germany
Tokenized fiat is a very useful idea. It realizes some of the advantages of crypto with the existing currency. For example, you don't need a bank. Transactions are cheap, fast, international, programmable and reliable.

Hopefully, we will eventually use Bitcoin to lessen the undue grip that governments have on money. Till then, we can at least enjoy a more efficient financial system.

And it's not like Dollar and Euro are entirely dysfunctional currencies. They are terrible compared to what we could have. But they essentially work.
 
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