Quote from: ðºÞæ on October 30, 2019, 03:25:50 PM

Quote from: BitcoinFX on October 30, 2019, 02:48:56 PM

Quote from: hv_ on October 30, 2019, 12:58:15 PM

German gov is about to get it - btc LN - rekt!

> *German Bundestag: Bitcoin (BTC) is counterfeit money!*

>On Monday , the German Bundestag announced that Bitcoin and other "on-the-market crypto-tokens" are not fulfilling the classical functions of money and are therefore counterfeit money. These classic functions are:
>
> Exchange and payment
> Store of value
> computer unit
>
> Crypto currencies would not be good as a means of exchange and payment since the transaction volume handled with crypto-tokens is very small compared to national currencies such as the euro or the dollar, according to the logic.
>
> As a store of value, the currencies would not be suitable because they were exposed to strong price fluctuations. But above all, the criticism refers to Libra:
>
> "From the point of view of the Federal Government, it must be ensured that stable coins do not establish themselves as an alternative to state currencies and thus call into question the existing monetary system."
>
> Recently, the finance ministry under Olaf Scholz expressed concern that anonymised cryptocurrencies in the Darknet are on the rise. Especially before the Privacy Coin Monero (XMR) was warned. This could develop on the dark sides of the Internet to a "real alternative to Bitcoin". The ministry also fears that so far not anonymous coins could get a greater anonymity built.

https://www.coinkurier.de/deutscher-bundestag-bitcoin-btc-ist-falschgeld/

The very same applies to BSV.

Roll Eyes

BSV immutable data storage/sharing/transmitting plus smart contracts and and and.......

Good luck with that ...

Quote from: BitcoinFX on October 29, 2019, 09:08:06 PM

Quote from: actmyname on October 29, 2019, 07:49:21 PM

Quote from: Bitcoin SV on October 29, 2019, 07:34:42 PM

It's temporarily.

Who says? What is stopping someone from filling your blockchain with piles and piles of worthless data, all completely unrelated to financial transactions?

Quote from: Bitcoin SV on October 29, 2019, 07:34:42 PM

And your favorite Lighting Protocol is a stupidest thing i have ever seen

Nice English skills. Unfortunately, you assume that I like the Lightning Network. Instead of making assumptions, I suggest you create more argumentative statements.

I have no problem with increasing the block size.

Just not now, and definitely not like what you're doing and what you are planning.

Nothing is stopping the BSV blockchain from being filled with piles and piles of worthless data, all completely unrelated to financial transactions! Not even price! It is happening right now ...

"Add any file to the BSV blockchain
- smaller than 310MB"
- https://add.bico.media/

"Search Bitcoin SV"
- https://oyo.cash/

"Haichan is an imageboard that runs entirely on the BSV blockchain."
- https://relay.haich.us/about.html *NSFW* *WARNING: Potentially Illegal and Uncensored IMMUTABLE content*

...

Just fitting transactions onto any blockchain is hard enough in respect of transaction throughput.

Anyone could just upload the exact same text, videos, images, viruses, scripts, malware and/or 'illegal' content etc., into every block, if they were that way inclined! This is what Hal Finney meant about SPAM being a very big problem.

Imagine all of this junk in addition to high volume transactions. The BSV blockchain is also already slower to pull data from than most centralized servers and hardly anyone is using it, in comparison!

BSV proponents don't even understand the technological constraints, let alone the legal implications of using, running or storing this. They seem to think governments and big business are going to use BSV. What a joke. Why would they even want to store each others data, let alone a whole load of 'illegal' content and SPAM.

Bitcoin is about financial cryptography and not any of the above.

CSW is not Satoshi and BSV is not Bitcoin.

*Satire*
Bitcoin: A Peer-to-Peer Electronic Babe System

- https://twitter.com/MyLegacyKit/status/1188559176777293826

...

Ewww ... *Not Satire*

Child abuse images hidden in crypto-currency blockchain - BSV
- https://www.bbc.com/news/technology-47130268

Cry