Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
infofront
on 23/07/2020, 21:03:18 UTC
⭐ Merited by El duderino_ (2) ,JayJuanGee (1)
Well, no. I think that placing your trust in the lowest common denominator is trust misplaced.

Further, I am not looking for a system 'governed by the technocratic elite', I am looking for a system with enough capacity to be money for the entire world. And 3-7 tx/s just ain't gonna cut it.

Your bloated Weather recording chain will never cut it

Because....?

BSV's fate should be clear after the next major parabolic rise, I'm going to assume. It might be the preferred path for bitcoin hopefuls who jump ship from BTC if the blockchain becomes clogged again.

Or non-BTCers might prefer BCH. Or the BTC blockchain might not become clogged (2nd layer solutions). Or transaction fees will be sky high, but no one will care because their BTC will be worth $100K+, and no one cares about buying coffee with BTC anymore (BTC=digital gold narrative). I'm guessing those possibilities are all priced into the ~98% discount that BSV currently has.