/biz/ - Business & Finance

I have connection to alternative plane of reality in which I have seen 0xBTC moon so fucking hard you wouldn't believe.

>>14297092
AS a pure mined currency with no ICO and handicapped at 21 million, 0xBTC is a way for people looking to invest in crypto to diversify outside of BTC. It's still a deflationary store of value, but is uniquely tied to Ethereum (#2 protocol in crypto) as a token. Bloody genius

>>14107001

PURE MINED

HARD CAPPED

PERMISSIONLESS

SATOSHI'S VISION PROGRAMMED AS A TOKEN ON ETHEREUM

>>14065156
Bro I'm all in. These faggot cucks believe ETH is a store of value. Top kek

PURE MINED

HARD CAPPED

PERMISSIONLESS

NO-0X'ERS CONFIRMED KEKED FAGGOTS AND BTFO!

>>14025040
The roadmap is literally "Play WoW lmao"

best project ever

>>13939457
>>13939647
We're gonna make it based bros.

>>13842444
Nice trips homie

It's happening faggots

>>13799998
OOOOOOOOOoooOOOOOOOoooOOOO

This token will 100x overnight. It's alt coin season baby

>>13684350
I'm on my way to 10k. Waiting for BTC retrace. We're gonna be rich bros!

Seriously though, this token is genius. The way toast keeps coming up with new ideas is impressive. I don't understand why most people don't get it. Vitalik and Vlad are practically begging for a true mined store of value on ETH.

I don't really give a flying fuck about proof of work issuance and I don't think it's particularly important for Ether to lose store of value status.

That being said, if you on think that 0xBTC will go entirely under the radar, you're not really grasping how it fits into the overarching ideological discussion surrounding major protocol changes in BTC and Ethereum. It's actually kind of a big deal to have a deflationary, pure mined asset reside on top of Ethereum instead of on its own chain. It challenges many long held beliefs inherent to the BTC dominant era of crypto (which we have lived in but might not live in 5-10 years down the line).

0xBTC is to crypto what postmodernism is to art. It deconstructs the Bitcoin idea (in Satoshi's whitepaper) into smaller pieces. It intentionally separates network security from issuance, and makes the claim that whatever vision Satoshi had for a global currency can exist within a localized environment (Ethereum), even an environment that explicitly rejected the core tenets of Satoshi's whitepaper upon creation. 0xBTC brings something new to the table that has merit for real ideological discussion, which is a level beyond discussions on novel solutions to technical challenges (oracle problem, fair gambling, distributed computing/rendering, etc).

You don't have to think 0xBitcoin is useful. You don't have to like it, or use it, or even think about it. But don't brush it off just because you don't see the need. You can think something like postmodern art is stupid (pic related) but it's actually quite revolutionary for an artist to make something so unbelievably kitschy that it causes the word "kitsch" to lose all meaning. At the end of the day Jeff Koonz makes balloon animals that sell for orders of magnitude higher than traditional "high art" precisely because his art is significant in the centuries long debate on the purpose of art. 0xBitcoin will be seen, in time, as just as significant in crypto.

Based 0xBitcoin poster. Future multimillionaire

>>12644132
You're an idiot then. This is bitcoin as an ERC-20token interoperable with smart contracts. Brainlet

>>12522655

So here’s the takeaway.

The need for miners to secure a network will be the downfall of any mined cryptocurrency whose purpose is to be a currency. 0xBTC is the first cryptocommodity whose sole purpose is to be a store of value and an appreciating asset and not a currency. Don’t expect miners to survive on transaction fees if bitcoin stays an asset. And if most miners stop mining it’s just a matter of time before a 51% attack happens.

Don’t even get me started on WBTC. Say that does work and everyone converts their bitcoin to WBTC and bitcoin now lies within the Ethereum ecosystem...what do you think happens when miners leave the bitcoin network due to low transaction fee income since everything happens on ethereum now?

See the thing with WBTC is that even if it wildly succeeds then bitcoin fails which means WBTC fails.