Wow compared to the fees of Ethereum.. bitcoinsv is largely competitive, what do you think?
It could be much worse for ETH, explanation: It's mostly "because" of DeFI (grouping of shitcoin under the Ethereum ecosystem) which generates more transactions than normal with the ethereum blockchain. Almost all DeFI projects have been created by individuals who are constantly forcing code to create coins whose value is skyrocketing and sometimes falling at lightning speed because they are obviously mass Ponzi schemes.
In any case, these Ponzi schemes are popular because they provide their creators with almost guaranteed short-term gains at the expense of shareholders who are completely ripped off en masse sometimes without any possible recourse.
However, these currencies have absolutely no use, use or real future. In other words, Ethereum and DeFi have no long term path to profitability because the way Ethereum is managed and marketed does not encourage a productive or progressive mindset.
This is also why costs are increasing, imagine if 7 billion users had to use ETH at the same time and the same goes for BTC which would be as a daily transfer medium . Well it would take 37 years to get a network confirmation and the ETH or even BTC fees for an immediate transfer would then be multiplied by X100000!!!!
Compare to #BitcoinSV which with its big blocks, its ecosystem, its ultra low fees, its instantaneous spv technology, can largely accommodate 7 billion users and much more (iot transfers, push of artificial intelligence apps included).
But that few people know or accept it in the cryptosphere (sometimes eaten away by greed, absolute and relative jealousy).
Note that even BTC is limited since some entities (blockstream consensus, bitmain, gemini, binance etc...) have taken over absolutely the entire sphere of influence from production to final distribution of BTC under the cover of Chinese domination which takes advantage of it to generate colossal revenues.
If you are newly interested in BSV or gravitate in the atmosphere of BSV you will find that #BitCoinSV is liberated and vaccinated against this cancer of multiple manipulations and is especially tailored for every inhabitant of our so beautiful planet, even those de-banked can access an immeasurable potential for what is coming. Like Metanet in spearhead...
The exponentiability of BSV is, in my opinion, only in its beginnings.
I agree with you on the whole line I would like to add that:
The economic model on Blockchain is a serious disrupter that cleverly redistributes the cards to each user, individuals, companies, states and communities. So people's data really belongs to them from start to finish. No more GAFAs making money on user data without their knowledge or willingly, as is still the case everywhere in 2020.
Will the GAFA let this happen without batting an eyelid? I doubt it.
Adapt or shut down, they may use threats of mass layoffs, inaccessibility of information, or other schemes to further increase their dominance over states and compulsive dependent users.
Another possibility: imagine that the current Internet (obsolete in its protocols), the one we know, changes, evolves in its protocols and becomes the Metanet. The sinews of war here is not objectively money nor, incidentally, infrastructures, it is information, because whoever controls information (or access to it), dominates the real world and the digital world, since the two merge over the years, geostrategy is already locked.
But the power that the blockchain offers the world is unlimited. It is a precise and secure timestamp of each action (which can be as confidential as you wish). Imagine that you are confronted with swindling, death threats, violation of your fundamental rights, etc... well the Blockchain can help to solve the identity of the accused, tracing gives a powerful power accessible to all and for all to render justice. It is the new generation of Internet based on honesty and legality quite simply.
Would you be willing to change your Google, Yahoo or Bing searches to interact and integrate with Metanet in order to start taking real power over your data? that is the question... but is humanity really ready?
If you feel ready to take the first step in the future, join the page and test the best Metanet applications on
https://metastore.app/apps?sort=money.
One of the most popular Metanet sites to date is [Suspicious link removed]/twetchapp, check it out!