/biz/ - Business & Finance

>>17501200
so is your mom

Using it as a currency will not help the price go up. Thats why they won't change it. Find another coin.

>>17501239
Bitcoin, currently trading as BSV, handles micro and macro transactions fine on a scaling blockchain. Tokenization and smart contracts will also run on Bitcoin.
>Find another coin.
It's here.

>>17501200
>sends $1 billion across international borders in 30 minutes for the price of 50 united states cents

>>17501200
Bitcoin is the Ask Jeeves of crypto

>>17501200
This is why CKB will reign.

>>17501535
this

>>17501535
>no taxes
>no reporting

>>17501200

Lmao what? Try sending $500,000 in under an hour to someone across the planet with a fee the fraction of any other method that would take days to clear.

You fucking morons have absolutely no idea how valuable bitcoin actually is because you have nothing valuable enough to use bitcoin for in the first place.

Nobody is trying to buy coffee with bitcoin faggot, but a house, car, anything expensive, it’s literally the best method of payment.

>>17501239
Seething copeing corecuck lmao!!!!

>>17501754
valuable for large volumes
poo poo for low volume high frequency transactions...like retail
hence the "cant scale" meme

>>17501767
>>17501754
based comment
>>17501767
>Seething copeing corecuck lmao!!!!
nocoiner cuck

>>17501781
>poo poo for low volume high frequency transactions...like retail

what about the LN?

>>17501804
literally made for money laundering

>>17502001
so you admit it works?

>>17502007
ofc it works spectacularly well at stealing tx from miners

>>17502001
oh shit. Forget the based department, who called the based franchise

>>17501200
BTC is the stablecoin if you're a true chad

>>17502034
seems pretty good to me if you could for example, pack 1000 tx's into 1 on-chain tx. sounds like exponential scaling?

>>17502007
oh shit. Forget the based department, who called the based franchise

>>17501535
>loses 32 million in dollar value in 30 minutes
Very nice indeed for "mass adoption"

>>17502042
maybe, but taking tx offchain kinda defeats the purpose of having blockchain in the first place
miners miss out on fees from 999 of the 1000 tx
and then there are vulnerabilities like this to consider
>https://medium.com/@ayelem02/congestion-attacks-in-payment-channel-networks-b7ac37208389
you can't attack BitCoin in this way
you'll need hashpower to 51% and that's expensive

>>17502250
>maybe, but taking tx offchain kinda defeats the purpose of having blockchain in the first place
i disagree entirely, the second layer isn't meant to replace the blockchain. but for many small payments, why not compress them into a single tx. if you're not happy with that for security reasons, make your tx on-chain. you're not forced to use the LN.

>>17501200
that's good

>>17502440
i'll just use BitCoin instead

>>17501535
>Sends $1 billion across international borders in 3 seconds for the price of 1 cent.

>XRP

>>17502574
okay, sure. I personally wouldn't though because Bcash SV is far less secure and reliable than bitcoin

>>17502591
>XRP
>much more vulnerable to trust issue than btc since it relies on trusting chosen "validators"
>value singularity comes from trust minization
>the meme