/biz/ - Business & Finance

>>55090258
Literally because the BSV chain is so bloated with dog pictures and cryptofights spam and other faked activity that exchanges cant justify paying 0000s a month to keep a SV node running, and after the doublespends and 'confiscation transactions' and legal threats in the custom software licence if you do anything BSV association doesnt like and all the other centralization bullshit they just refuse to call TAALs API and ask them nicely what the network is doing either. Can you really blame them? They dont want the risk to their business by using or even being associated with this circus anymore. BSV has way too bad a risk profile for anyone trying to run an actual business as opposed to faking business activity while sucking up Ayres money he keeps throwing into the air, theres no conspiracy its just that simple. Exchanges owe BSV baggies nothing.

Im not really here to laugh at the baggies though (well, i am, but still). Im here to point out that this is what craig and nchain actually wants, why theyve deliberately bloated the BSV chain beyond all reason, to make it impossible for external services to run a node for any less than thousands per month in hosting costs, such as an exchange which would need to run a node for a particular coin to provide trading facilities for it. BSV just isnt worth paying that kind of money to keep live on your exchange any more.

This is because craig and nchain do not care there there is nowhere for the baggies to buy or more importantly sell their BSV, in fact theyre counting on it. They want the entire BSV node network brought 'in house' so that it only runs on hardware they physically control, making it entirely centralized, so that no one can independently query the state of the network when they finally 'reassign' AKA steal those million coins hes been hankering over for years now. Which coins, which outputs will he take? We dont know. Maybe yours, you have no way of knowing. You would have to ask TAAL pretty please what the state of the network is, and believe whatever they say.

But wouldnt this just destroy the remaining value of BSV you might say? Well, yes it will. Entirely centralized network, coins going missing from their proper outputs, and no where to even sell and get off the ride. This leaves craigs 'reassigned' coin hoard worth a few million $ at best, which isnt nothing but its not what hes really looking for.

No, the actual plan is to do this, then try to take it all to an English judge and say look, coins were reassigned on BSV (remember the quiet part is that craig entirely controls the BSV network from top to bottom), now force BTC AKA the coin that is actually worth something to give us the same coins on their network. This is the plan he has sold to calvin, and why calvin is still picking up craigs tab after all this time.