/biz/ - Business & Finance

>>58190951
>he thought he could cash out

>>13232429

1. BSV is Bitcoin.
2. BTC is dead.
3. BCH is a shitcoin.

Short explanation, then AMA.

1. BSV works on the basis of the economic system the whitepaper describes. It will have the original difficulty adjustment algorithm back when BTC is dead and is closest to the "set in stone" version of Bitcoin 0.1.

2. Small blocks killed it. Mining bitcoin is the first level, an early incentive so miners build the infrastructure which is needed to let bitcoin run on fees. It can only be profitable for miners with large scale and adoption, meaning big ass blocks, huge ass amount auf transactions and tiny fees. (As soon Mining bitcoin isn't profitable anymore - level 2).
The economic system is no more, therefore BTC is not bitcoin and will die off.

3. BCH is fucked up. Checkpoint and proof of social media. Burning coins for tokens and switching to PoS sooner or later. It's even further away from Bitcoin than BTC.

Bonus: Craig Wright and nChain got over 1000 patents. They will simply not allow others to build on the chain.

Hint: DYOR for metanet.