/biz/ - Business & Finance

"pls sirs buuy btc for ceo company sirs tesla musk also very btc purchasing for surplus cash flow sirs"

why is this boomer such a pajeet?

>>27584329
His whole playbook is to accumulate algorithmicly without shaking the market. The explosion happens after the institutions are satisfied with their bags and take to the media to start shilling.
It's your que to pack your bags, find your seat in coach class, and wait on these fuckers to launch the rocket for us.

>>27584329
Michael Saylor is under the delusion somehow that BTC can have bigger blocks to move infinite amounts of data. No one has corrected him.

>>27584601
No serious CEO is actually going to invest in bitcoin, they are attending to laugh at this retard as he tanks his entire company on the back of a hyper speculative bubble

>>27584712
based

>>27584601
>His whole playbook is to accumulate algorithmicly without shaking the market
Correct. He's been extremely open about all of his strategies in YT interviews,, and he makes a pretty bulletproof case. This is going to be huge, I can't believe /biz/ is sleeping on this

so that was saylors pump
good to know
dollars don’t control the price, bots do

>>27584807
Listen to this.
https://www.youtube.com/watch?v=jjsJpdQax8A

It is INCREDIBLE that those sycophants don't stop him and say, Um Micheal we decide on segregated Witness and and off-chain solution for data. Dud thinks he is going to change the world but Bitcoin won't do that. BSV would.

https://youtube.com/watch?v=NCx5Ph7EAxg

>>27584500
he is literally doing the god's work
he is unironically 100 times smarter than you will ever be, you don't become a billionaire out of thin air, you need to do good choices for 20/30 years without doing any mistake

>>27584755
>No serious CEO is actually going to invest in bitcoin
yeah then sit on USD and watch it lose 15% of purchasing power every year
moron
>>27584807
ultra moron

>>27584755
You might be right, you might be wrong. We'll find out in the next couple months.

>>27585060
Absolutely. I read up on MicroStrategy before I bought his shtick, dude is legit.

>>27584882
Michael Saylor CEO of Micro-strategy
"The way it's currently constructed (BTC), It is possible to put all 250 trillion Dollars of monetary energy, in BIG blocks of encrypted energy on the blockchain"

...and no one stops him. Yeah Mike all on 1mb blocks with 3-4 (max 7) transactions per second.
Woooooooooosh

>>27585329
microstrategy is a failing company that now acts as a btc etf

>>27584329
it takes months for institutions to file the paperwork and jump through the legal hoops necessary to make significant moves bitcoin
bitcoin is going to 100k this year but things this wont have an overnight effect, retard.

>>27585060
He is the only sitting CEO we can find that has thrived after presiding over a 99.86% decline in his company’s equity price.

>>27585506
>microstrategy is a failing company
Stopped reading right there

>>27585652
shame if you kept reading you'd realise that the stock price only reflects btcs (and when btc crashes so will the stock)

>>27585506
>microstrategy is a failing company
yeah that's why morgan stanley just bought 10%

>>27585768
just an easy way to get exposure to btc without buying btc directly, they are gambling essentially

>>27585508
The initial pump will be groups of CEObros aping in drunk with their personal funds after they drink the Kool Aid at the afterparty.
Read between the fucking lines dipshit

>>27585853
>going all in into the global world currency
>gambling
enjoy your bsv worthless heavy bags retarded shill

>>27585873
so true redditbro. i used to be a bartender now i own a boat

>>27585725
lmao these fuckin retards. stock dumping until it yolos cash reserves into bitcoin and now trades inline with btc. great!

>>27585652
And refer back to what the conference is about. That damn Loch Ness monsta gonna have a very long neck

this companies annual numbers arent looking good bros

>>27585920
>global world currency
>with 7 tps
hold those bags bitch

>>27584862
Biz isn’t smart. Look at any “rate my portfolio” thread and you’ll see the exposure to BTC here is kind of low. Pro BTC arguments just get replied to with boomer coin but the price keeps going up

Guys if there is a huge market correction...will that have any impact on BTCs price?

Wishful thinking says yes but I’m not so sure

>>27586117
Boomers are aping in based on the concept that this is basically gold that can get fedexed across the world in under an hour.

in 5 years you will look back in time and realize that you literally and unironically only had to follow a very clear, define path to financial freedom. Just follow the smart money anons. CEOs/companies getting in, grayscale buying 150% of current supply, jew banks warming up, blackrock to add BTC to some ETFs, DeFi shilled by billionaires.

The only thing I know as a matter of fact is that anyone that owns 1 BTC is going to make it in 5-10 years tops

>>27584329
the place where Saylor will drop the bomb that he is the first staking node running on ALEPH

>>27586285
>basically gold
except it's basically not

>>27586220
imagine hodling on to BTC when its crabbing and everything else mooning. The real game is to accumulate more satoshis anon and allocate your assets accordingly.

>>27586093

>>27586354
You're not wrong, it's better.
Once starlink is up, there will be internet everywhere all the time. Think about the implecations of that.

>>27586770
except nobody can transact with it because can't scale + fees too expensive

XRP is the asset you want BTC to be

>>27586971
Umm about XRP
Also is not a crypto currency.
100 Billioin tokens stored on a POS database controlled by one company.
50 Billion being held by devs because they are "good people."

Nah how about 9,000 transactions per second, 35 MB Block chains (today) and 1 sat transactions that are near instant ?
You can have that today using the original Bitcoin protocol.

>>27587575
Ack
not 35 MB Block chains
35 MB Blocks on the chain

>>27587575
>xrp isn't proof of stake
>bitcoin premined as well
>that tps is based on a test net result not real world
>bsv uses proof of work which won't ever be adopted by great reset types who favour sustainability
>hash rate still controlled by china
I own a tiny portion of bsv in case people come to their senses about btc but I think it's far more likely people ditch bitcoin entirely when btc collapses

>>27588137
>>xrp isn't proof of stake
No it's 100% pre-mined. It uses the Ripple Protocol Consensus Algorithm, which is a lottery.
People refer to it as POS but that is incorrect, as you point out.
Out of nearly 1,000 nodes, a group of 33 are selected by the whole group to finalize transactions. This smaller group is called the “Unique Node List,” or UNL. When 80% of these 33 come to an agreement, a transaction is finalized.

>>bitcoin premined as well
No it's not. please explain.

>>that tps is based on a test net result not real world
The tps on mainet is 1,200 TPs over any 8 hour period. It will get to 20k on testnet and 6,500 on mainnet this year.
Rememebr that in 2017 the argument was that Bitcoin can't scale to 2MB blocks. It's clear they where wrong.
We have store-of-value coin now instead of trustless peer-to-peer digital cash because of this mistake because of Blockstream forcing consensus.
Look at this george Carlin video on the BSV blockchain right now.
https://media.bitcoinfiles.org/a89cd6b4eb4d9f510a9a7adf21bfd84ee63e4d9a6e6f1da99e7d82718870a484
Satoshi's original protocol can move massive amounts of data on chain and the transactions can be instant and cost 1 sat.

>>bsv uses proof of work which won't ever be adopted by great reset types who favour sustainability
You think world concensus is a few million extreme leftist ? Most of the world is still using charchol and coal.
POS IS centralization. The person with the most coins stakes the most. Almost all coins have a dev premine which means thier weight in POS is the highest, so they control the network.

>>hash rate still controlled by china
and if they collude consensus can decide not to accept their blocks.

>>27584329
What's really ironic to me is how man bitcoin haters there are in this thread, but weirdly enough, they like to shill their shitcoins and would certainly love to have Sailor pump their bags.
Your shitcoins are good for bitcoin, because in the end, youre in crypto and when Bitcoin inevitably takes over and sucks up the monetary power within the entire crypto network, you will gladly feed the dragon. Or you wont, because you will still believe that BTC is done at 50, 70, 90k
But it wont. The only truth in all of this is that you have shit portfolios and that you hope your gambling efforts will reward you. For 1% this might hold true, but the rest of you will lose and stay poor.

>>27588137
>I own a tiny portion of bsv in case people come to their senses about btc but I think it's far more likely people ditch bitcoin entirely when btc collapses
Now I understand why you would support say XRP or Nano. You believe in peer-tp-peer digital cash. I get it. I'll just go down with the ship. I believe in Satoshi's protocol and Vision. If we stuck with it, there wouldn't be 10,000 shitcoins vying for a space that Bitcoin with Big Block would have easily covered. Trust-less, not centralized, no third parties, minuscule fees and quick.

>>27586971
btc is not meant to be used an everyday currency that buys your coffee it's heavily agreed upon whales and institutions that btc is a store of value

>>27589039
>when Bitcoin inevitably takes over
It won't. In the end it's about utility. Bitcoin can't scale on chain without a second layer that needs to rely on third parties.
It would have to hard fork. Noone cares about a few 10k millionaires hodling their bitcoin in a wallet. It has no use case.

>>27589212
>btc is not meant to be used an everyday currency that buys your coffee
You are just wrong. It's the first line in the white paper.
"Bitcoin: A Peer-to-Peer Electronic Cash System"
https://bitcointalk.org/index.php?topic=423.msg3819#msg3819

>>27589324
Bitcoin set out to become a digital currency but it became something far better. We see what digital currencies are, and they dont do much that physical currencies do not do already, even the best digital currencies e.g. anonymous ones, are just digitized dollars. Bitcoin as a treasury asset and a savings account is perfection. The digital gold analogy doesnt mattee.

>>27588925
>first point
I don't understand why this is bad exactly, so long as it solves the double spend problem
>bitcoin premined as well
Satoshi mined alone for 6 days before inviting others to participate, essentially a premine

>tps claims
source for 1.2k currently?

>POS IS centralization
Again, XRP isn't POS
https://www.youtube.com/watch?v=fo8ZScrXFZE&ab_channel=DavidSchwartz

>>27589442
It never says that you would buy coffee or other useless trash. Bitcoin is infinitely (literally) more valuable than fiat so one should not spend it like they do fiat.

>>27589442
>You are just wrong. It's the first line in the white paper.
>"Bitcoin: A Peer-to-Peer Electronic Cash System"
>https://bitcointalk.org/index.php?topic=423.msg3819#msg3819
I'm not saying it's not meant to be a currency, I'm saying AT THIS POINT 12 years later people don't use it to buy their coffee with it but to store their wealth.

>>27589324
>XYZ can't scale on chain without a second layer
this is true for any decentralized system
second layer allows for exponential scaling
nobody running a nodes cares about your coffee tx, i run a node, i don't want to store your useless bloat tx forever and for free

>>27589880

>EVERYDAY currency.
is what I said. Incase you missed that. I'm not denying it's use case.

>>27584755
>CEOs of major companies never consider doing anything to diversify their company’s holdings or improve their chance of success, no matter how implausible

>>27589880
Which is arguably a far superior value prop. I dont need to leave fiat completely, but I can leave all the bad qualities of fiat behind (inflation, politics, non-sovereignity...essentially just a licensed user of the currency) and be in an appreciating, strong growth store od value asset, accumulating excess capital outside of the fiat realm where I can buy digital real estate. Buying Bitcoin is like buying parts of North America 300 years ago. Only difference is that Bitcoin is more mobile than land.

>>27589808
>Bitcoin set out to become a digital currency but it became something far better.
No the COIN is defined by the Whitepaper. It's protocol is set in stone.
It is
1) Trust-less
2) No third parties
3) Less fees than a bank
4) Digital cash
5) VERY quick
6) Peer to Peer

What do you use cash for ? To buy things like coffee. That's the use case.

You can make any coin you want, you can change Bitcoin to not be Trust-less and rely on 3rd parties.
It's still a Cryptocurrency and it may work VERY well for it's use case, but it is no longer Bitcoin.
It's Store of Value coin, or Savings Account Coin, or Digital Gold Coin.

but it's not Genuine Bitcoin
Bitcoin is "A Peer-to-Peer Electronic Cash System"

>>27589868
btc is only important right now because it's #1 in market cap. If btc was #100 in marketcap nobody would care about it at all as it does nothing useful (already better solutions for peer to peer transactions)

It's essentially the emperor has no clothes of crypto

>>27590128
Enron was a great store of value too...until it wasn't

>>27590172
it's first because all other shitcoins are copycat shitforks
then etherum happened and we are now also flooded with erc20 shittokens

>>27589850
>I don't understand why this is bad exactly, so long as it solves the double spend problem
Because it's 100% centralized. Cryptocurrency WAS started to solve the double spend problem. You are correct about that. That how ever was NOT the only reason. The second biggest reason was Trust, or not relying on a third party.
XRPs white paper
https://ripple.com/files/ripple_consensus_whitepaper.pdf
has as it's first reference Satoshi's Whitepaper and it is titled
"Ripple Labs Inc, 2014The Ripple Protocol Consensus Algorithm"
There is no consensus if it's a consensus of one.

>Satoshi mined alone for 6 days before inviting others to participate, essentially a premine
That's stretching the definition really. Sathoshi was testing if the thing he created actually worked.
Anyone profit off that "premine" ? Is it 100% of all coins like XRP or 71% like ETH ?

>tps claims
>source for 1.2k currently?
https://coin.dance/

>>POS IS centralization
>Again, XRP isn't POS
Yes I know. You didn't quote me.
Are you saying that the answer is XRPs Non POW and Non Pos lottery "algorithm" ?
Ripple has no mining or miners whatsoever. Instead, transactions are powered through a ‘centralised’ blockchain to make it more reliable and faster. XRP was mined all at once by the parent company – Ripple Labs Inc – with a majority of the cryptocurrency held by them. Ripple’s token is a digital fiat issued by a single company.

>>27589868
>It never says that you would buy coffee or other useless trash.
It says CASH. If you want to pill pull what cash means, then you do you.
Sathoshi is VERY clear on it's use cases on Bitcointalk.
https://bitcointalk.org/index.php?topic=423.msg3819#msg3819

That is one of MANY posts on the topic.
>Bitcoin is infinitely (literally) more valuable than fiat so one should not spend it like they do fiat.
That just doesnt even make sense.

>>27589880
>I'm not saying it's not meant to be a currency, I'm saying AT THIS POINT 12 years later people don't use it to buy their coffee with it but to store their wealth.
and that is why it is no longer Bitcoin.
It is Segwit coin

>>27590352
bro you've just completely revealed your own stupidity, no coming back from this bullshit post.

>>27585393
Block size is dynamic is it not?

>>27589963
>>XYZ can't scale on chain without a second layer
>this is true for any decentralized system
You think because you say that , it makes it true ?
BSV does 1,500 transactions per second ON-CHAIN with 1 sat fees and 35 MB blocks RIGHT now.
The transactions take seconds to make and minutes to confirm.

>nobody running a nodes cares about your coffee tx, i run a node, i don't want to store your useless bloat tx forever and for free
So don't. No one cares...You don't get to decide use case. You can process transaction and get paid, or not...

>>27590685
Fiat is potentially limitless, has an endless supply, whereas Bitcoin is hard capped and is finite.
If you had gold or very valuable land or a house, would you use pieces of said assets to purchase basic necessities and consumer goods? Doubtful.

>>27590172
Bitcoin has the largest developer pool. It can adapt to any exigencies

>>27590128
You can do ALL that. No one is saying or even alluding to the fact that you can't. It's just not Bitcoin

>>27585652
>>27585768
That's his point though. Microstategy's stock went up and JPM bought a large share BECAUSE of the bitcoin investing. Basically they're acting as a surrogate for investing in BTC while still staying on the stock market.

>>27590356
In technology the first of its kind will lose to its successors

>>27590566
Here's what I found about XRP's nodes:
"There are many validators already running. You can configure the validators to trust using a [Unique Node List](They are the lists of transaction validators a given participant believes will not conspire to defraud them.) (UNL).

Everyone gets to choose who they trust.
No one can be forced to trust anyone.
Validators can't force others to trust them.
There is no central node
Regardless: everyone can run a rippled node and/or validator and introduce transactions: if the transaction is valid (signed, etc.) it's guaranteed to be included."

>That's stretching the definition really
I would say it matches the definition exactly but regardless I don't see premining as inherently wrong as it incentivises the creators to succeed with the project in the long run. XRP does have some absolutely huge whales due to the founders being awarded billions each but there's also plenty of whales in bitcoin who started mining early

>Ripple’s token is a digital fiat issued by a single company
Fiat is inflationary whereas XRP is deflationary, technically they were gifted the XRP they hold although the distinction here isn't particularly relevant

>Are you saying that the answer is XRPs Non POW and Non Pos lottery "algorithm" ?
Check out the video I linked "the best incentive is no incentive", Schwartz makes a strong case and so long as it works in practice (as it currently does) then I'd have to agree with his argument

>>27590804
No blockszie is not dynamic on BTC.
It's capped a 1MB

Look at all of todays transactions today on BTC here
https://coin.dance/

Scroll down and look at the KB size of each block.
BTC is the same size every time. 1MB

>>27590894
>It can adapt to any exigencies
No it can't, any time there's a spike in popularity BTC transaction times take hours and cost like $50 each

>>27590566
https://coin.dance/
I can't find TPS on here maybe I'm blind

>>27590838
yeah and Silver backed dollars were finite.
Your making a point that is obtuse.
Fiat money is not the only type of money that exist.
Gold backed currency can exist, Silver backed currency can exist, Puka Shell backed currency can exist and Peer-to-Peer digital cash can exist.

>>27591028
>Here's what I found about XRP's nodes:
https://cryptobriefing.com/is-xrp-decentralized-ripples-involvement-cryptocurrency/?fbclid=IwAR0hhudmKKKpQetBh9Bnxz3on4ANXuCzWRrvclLg8aQaE2cSKHPoiVDVRFE

Read that. It's double speak. If I mine 100% of the coins on day one, then what consensus algorithm can exist ?
The one I deem exists.

>technically they were gifted the XRP
Seriously, do you hear yourself. I start a crypto currency and then, I "gift", myself 100% of the coins.
Inflationary or Deflationary doe4sn't mean anything in this case. It's all free.

>Check out the video I linked "the best incentive is no incentive", Schwartz makes a strong case and so long as it works in practice (as it currently does) then I'd have to agree with his argument
Yeah the SEc and IRS disagree

>>27591152
Try here
https://bitcoinscaling.io/stats

and read this
https://blockchain-press-releases.com/bitcoin-sv-hits-new-transactions-per-second-record-at-over-9000/

>bsv retards shitting up the thread

>>27590710
>and that is why it is no longer Bitcoin.
>It is Segwit coin
Except it's not. It's bitcoin and it's peer to peer electronic system is what makes it a more valuable store of value than gold currently .Try sending 1billion worth of gold overseas that's 24,743kg (54548.978 lbs) . Now imagine those costs to send it overseas. You get it now? It stopped being seen as a simple transaction system for us. Whales and institutions will hoard the fuck out of it until the end of time.

>>27591763
kek

The use case for BSV is happening right now on chain.

Stephan Molyneux uploading his videos to the Genuine Bitcoin Blockchain.
https://streamanity.com/15004@moneybutton.com

This game is ON the Genuine Bitcoin Blockchain right now...and many more
https://www.cryptofights.io/

ALL this is on chain TODAY.
https://metastore.app/apps?sort=hot

A Twiiter, Videos, Banking, Podcsts, Stores, on and on. ON CHAIN. Not on a Side chain.

>>27585060

Yeah, about that...

>>27591815
>it's peer to peer electronic system
Peer-to-Peer electronic C A S H
That's not bitcoin. I already stated numerous times what bitcoin is. Read the Whitepaper.
No third Parties (Lightning) Trustless (Segwit)
Sathoshi told us clearly that the way to process transactions fast was to RAISE the blocksize.
Not to strip the signatures of the transactions... Hell a legacy node can't verifiy a signature, they have to trust a Segwit node.

>Try sending 1billion worth of gold overseas that's 24,743kg (54548.978 lbs) . Now imagine those costs to send it overseas. You get it now? It stopped being seen as a simple transaction system for us.
Yeah I can do that for 1 sat. Whats your point

>>27591685
Impressive if true but comparing test nets XRP still wins by a mile (9k vs 65k)

>>27591365
>If I mine 100% of the coins on day one, then what consensus algorithm can exist ?
How does the pre mine have any affect on the consensus mechanism?

>Inflationary or Deflationary doesn't mean anything in this case. It's all free.
It's free to those that received it for free initially, over time XRP will be burned and is deflationary

>the SEc and IRS disagree
XRP is fighting the case and I believe they stand a good chance to win

>>27591153
Bitcoin-backed currency can exist too

and as we debate this happened
World Record 16.4 Million transaction block produced on Bitcoin SV Scaling Test Network (STN)!!!
https://stn.satoshi.io/block-height/14287

>>27592149
>21 posts by this id
Bro, its time to stop. Just buy bitcoin ffs.
Poor people cant transact on btc, GOOD, they can go to a btc bank like stated in satoshis whitepaper.
You cant bloat unlimited you fat fuck yeah sure go 1tb blocksizes thats sustainable you dumb retard.
You fell for a scam, just be a man and cut your losses.

>>27592292
>Impressive if true but comparing test nets XRP still wins by a mile (9k vs 65k)
yeah you can make really impresses tps when something is 100% centralized. That's how Visa does it.
Different animal here, non centralized and trustless.

>If I mine 100% of the coins on day one, then what consensus algorithm can exist ?
> How does the pre mine have any affect on the consensus mechanism?
because the person with all the coins tells you how the consensus is formed.
https://cryptobriefing.com/is-xrp-decentralized-ripples-involvement-cryptocurrency/?fbclid=IwAR0hhudmKKKpQetBh9Bnxz3on4ANXuCzWRrvclLg8aQaE2cSKHPoiVDVRFE


>It's free to those that received it for free initially, over time XRP will be burned and is deflationary
and WHO received it for free and what % ?

>>the SEC and IRS disagree
>XRP is fighting the case and I believe they stand a good chance to win
We'll have to see. I'm not a lawyer.

>>27592452
He's trying to shill BSV I get it now. Im outta this thread.

>>27592452
>Bro, its time to stop. Just buy bitcoin ffs.
I've had Bitcoin since 2014. Lots of it.

>Poor people cant transact on btc, GOOD, they can go to a btc bank like stated in satoshis whitepaper.
Yeah that's the point. It's not changing the world because it's not peer-to-peer cash. It's rich people HODL coin.
It's not Bitcoin

>You cant bloat unlimited you fat fuck yeah sure go 1tb blocksizes thats sustainable you dumb retard.
But Micheal singer is telling that we can put all the world's finacial transaction on Bitcoin 1 MB Blocks at 3-4 tps ?
You are using the EXACT same argument that they used in 2017 when they forked the chain because "2mb blocks WILL break bitcoin"
Get real. You knwo how much data Wall Street stores a day ? NOT an issue.

>You fell for a scam, just be a man and cut your losses.
I don't have any losses, what are you on about ? Go back to licking the wall.

Just like Normies fom'od into Doge, not understanding what it is.
People are not understanding what BTC is.
READ this from 2017. Even if you 100% disgree with it, read it.
https://steemit.com/bitcoin/@adambalm/the-truth-about-who-is-behind-blockstream-and-segwit-as-the-saying-goes-follow-the-money

prepare for what "could" happen

>>27592826
>https://steemit.com/bitcoin/@adambalm/the-truth-about-who-is-behind-blockstream-and-segwit-as-the-saying-goes-follow-the-money
>>27593083


I didn't understand where you coming from at first as I was too arsed to read from the beginning of thread but I understand you now.

> Micheal singer is telling that we can put all the world's finacial transaction on Bitcoin 1 MB Blocks at 3-4 tps ?

this is true he does tout this on the regular and you're saying bitcoin just doesn't have the scalability for it in comparison to 9000tps. well thats true. BSV does come into play here lol. But it is what it is now. You can't hate bitcoin for what it has become. if BSV is to be adopted worldwide as an everyday peer to peer electronic cash system then so be it.

>>27592573
Seeing as we've established that both bitcoin and XRP have whales the remainder of your argument revolves around whether or not the consensus mechanism is centralised, as far as I can tell anyone can run a node and whilst ripple the company probably right now owns too large a percentage of the validators it would benefit everyone over time to dilute that percent and encourage further decentralisation (which wouldn't compromise the TPS at all)

>>27585060
youre a brainlet, any successful person has made thousands and thousands of mistakes, its just their winners won fucking big, and he learned from his mistakes to capitalise on his successes.

>>27584329
Priced in. Dumping tomorrow.

itt: GME-level intelligentsia still clinging to chink bitcoin clones.

>>27592341
Yeah and imagine trustlessly exchanging the currency to btc and vice versa as often you want and as long as you want without a authority canceling the backing from one to another and never reintroducing it

>>27593571
I don't hate BTC. I own lots of it.
I hate Blockstream and centralization and off chain layers.
That is whatever it is, but it's not A Peer-to-Peer Electronic Cash System
So it's not Bitcoin. it stopped being Bitcoin when they forked to Segwit and forced consensus.

Don't get me wrong, I think XRP does it's job better than BTC.
but I have the problems with centralization etc.. it's a Satoshi thing.
I think the answer is BSV. I mean it just works really well at what it does.

>>27594290
too bad thermodynamics doesn't let a blockchain store and process the number of transactions necessary to compete with visa. second layers are bitcoin's strength, and a submarine attack on any altcoin that tries to implement them on their own chains to alleviate their own scaling issues.

>>27593621
There is a difference between many pods of whales and ONE Uber whale.
Can the miners force consensus on XRP ? Can they for example refuse to process certain tx's?

>>27584329
>buying BTC to pump stock price
Kek

>>27594411
>too bad thermodynamics doesn't let a blockchain store and process the number of transactions necessary to compete with visa
We shall see.
it wasn't supposed to be able to do 2mb blocks... 2017 it was on chat board all day long.
One camp, it's not theoretically possible because XYZ. The other side, we need to try.

>>27593648
>I hate <insert scapegoat> and centralization and off chain layers.
look at ETH, with only 15tps reached 6TB archive nodes, infura goes down? everything stops working, problems on aws? everything stops working
SCALING ON LAYER 1 IS STUPID AS FUCK BECAUSE IT INEVITABLY LEADS TO CENTRALIZATION
now stop littering the board with your muh xrp muh bsv scams
layer 2 scales exponentially and it's possible to prune your coffee tx so that your grand kids will not have to store and verify that on february 3rd 2021 you spent 0.000000001 btc to drink a fucking cup of tea

>>27592826
>I've had Bitcoin since 2014. Lots of it.
And you sold it all for a scam? Low iq take

Cant wait to see this retard file for bankrupcy once tether gets exposed by NYAG.

>>27584329
I want to see a debate between Michael Saylor and Peter Schiff

>>27595597
I don't. Schiff is about as static as any other boomer gold dealer. Watch any one of his other debates to see how it would go

>>27594999
No I still have it all... but nice assumption

>>27595597
close enough
https://www.youtube.com/watch?v=cP1pSR1O44w

>>27595597
>I want to see a debate between Michael Saylor and Peter Schiff
https://twitter.com/PhilosophyWorx/status/1151028971619774464

>>27596058
>30 posts by this id

>>27596181
31

>>27596010
Out of curiosity, why would you not sell any if you don't have faith in it?

>>27594420
Both projects have uber whales and smaller whales. XRP doesn't have miners I assume you mean nodes/validators and if they were to start acting in bad faith then other nodes would ignore them and fork. In the event that the Ripple validators themselves start acting in bad faith it would tank the price of XRP so they wouldn't have any incentive to do this

>>27596213
You realize this thread is about michael saylor advising broad leagues of ceos to invest a % corporate cash assets into bitcoin (btc) right?
This to protect their reserves against increasing inflation

>>27584500

imagine being a seething coping no-coiner
imagine being poor forever

>>27596581
>>27596213
Ripple and bsvtard duking it out

>>27584755
>No serious CEO is actually going to invest in bitcoin,

Yeah, all CEOs love 15% inflation.

Very intelligent comment by a mcdonald's burger flipper, he obviously knows many CEOs.

>>27596581
>Out of curiosity, why would you not sell any if you don't have faith in it?
I have faith in it as a store of value, not as digital cash. I don't think it should have the Bitcoin name.

>>27596739
>>27596660
project harder faggot I bought link in 2017

>>27591153
>yeah and Silver backed dollars were finite.

They were, until jewish bankers decided to remove the backing. And kill jfk for trying to return to it.

>>27595080
What if the NYAG concludes Tether is legit?

>>27594290
>I don't hate BTC. I own lots of it.

Yeah, you're totally not a basement-dwelling shitcoin bagholder trolling against btc because you're butthurt about missing the moon rocket and seethe at people who made it ;)

>>27597637
>coping poorfag bagholder

It's not bitcoin's fault your life is a string of failures, you only have yourself to blame.

>>27598420
They effectively already have, with the last extension granted to Tether. They've been reviewing the documents for a year, and investigating for far longer. They would absolutely have frozen Tether's assets and the issuance of Tether if they genuinely thought something bad was going on. Look forward to a small pump when they finally confirm the case is dropped in a few weeks. Small because anyone with any sense already knows this.

>>27595080
Lol, go back to circlejerking to being poor with Bitfinexed and his little gang of miserable fucks.

>>27598650
I have far more money than you

so many BSV shills crying and seething at this lmao.

>>27584500
How heavy are your gme bags, retard?

>>27599362
Based
Wagmi

>>27594554
1mb to 2mb is nothing though, you double capacity but more than double the requirements of the network. the only way blockchain can work is through new crypto like schnorr signatures or something even more esoteric, or second layers.

>>27594827
and the best part of layer 2 is it's all one big trojan horse for bitcoin.

>>27591153
Youre an idiot. Gold by its nature of being a physical asset, can be heavily and extremely easily manipulated and the fact that Gold is and can be so easy to manipulate is the reason why we have fiat in the first place. Banksters kept printing their own fiat unregulated and unsupervised and just claimed to have this and that amount of Gold as collateral. Then banks were cartellized and it became even worse under the Fed, because banks were now their own regulators. Then it all came crashing down and the ebul gobernment stepped in to bail Gold """backed"""" derivatives (e.g. Gold backed fiat) out and essentially saw that gold was useless because it hindered the ability of corrupt politicians to finance wars for their friends. So Nixon just made Gold die. Bitcoin is hardcapped and constantly supervised.

>>27600528
The meek will inherit the earth, but not its transaction rights

>>27601009
>gold was useless because it hindered the ability of corrupt politicians to finance wars for their friends
>bitcoin is digital gold
>bitcoin is useless, but digitally

>>27599853
If I chased speculative bubbles such as GME I'd be balls deep in BTC as well, nigger

>>27601320
jesus christ dude.
Bitcoin is against Fiat and against traditional finance at it's core. If it hinderd politicians being corrupt warmongering profiteers, how does that make it somehow less good?
Gold was a good thing for what it's worth, but Gold was circumventable and Bitcoin is a trustless store of financial value. You dont have to trust X Y Z to hold this much collateral in BTC, you just make them show you their wallet adress and check for yourself.

Hope you boys loaded up

>>27602159
Kek I think I remember your portfolio from a previous thread...looks like you crossed the 29 BTC mark.

Bitcoin BTC: $10k -> $36k, x3.6 (+4% today)

MicroStrategy MSTR: $110 -> $720, x6.5 (+5% today)

Michael "Chad" Saylor. Is it possible to learn this power?!

>>27602587
Lmao yea I bought my 30th btc at $33,666 strictly for the meme number

>>27590821
seethe harder faggot, nobody is trading in their billion dollar treasury reserves for BSV LOL GET FUCKED

>>27599711
no you don't sweetie.

>>27590821
you're sacrificing security for speed...

https://pastebin.com/X1qPv6uR

>>27606052
Post networth faggot

>>27606434
I'm not the one claiming, the burden of proof is on you, poor boy

>>27606551
that's what I thought poorfag

>>27606434
>>27606784
you both have nothing, pipe down

>>27606966
all you have to your name is those dubs poorfag

>>27586117
Uhhhhh ok? i'll gladly hold my million dollar bag LOL

>>27584329

Jesus christ this board is toast. Cant even have a normal discussion without alt coin faggots crying about bitcoin

>>27584329
Sell the news.