/biz/ - Business & Finance

>>29392426
He never bought Bitcoin Core. SEC filing literally says he bought BitCoin. Get fucked

>>29392650
>upright "B" is only constant from genesis block to lightning

hate this motherfucker like you wouldn't believe

>>29392650
god I hate BSV fags. when you lose everything I will pour myself a glass of Scotch and pore over your rope posts.

>>29394360
>hate superior technology which retains the general decentralization and opposition to bankoids

Yes I'm sure you do, since your focus on speculative value rather than technology is the cancer killing crypto.

>>29394360
It's funny because actually the exact same was said back then 2012 when I posted about buying BTC

>>29394508
there are a thousand other coins that do what BSV does better
Bitcoin only has value because it is the original
BSV is a useless fork of a fork

>>29394648
What does musk Twitter bio say

>>29394648
>there are a thousand other coins that do what BSV does better
Name 1 (One) that does everything BSV does...
Name 1 (One) that does everything BSV does better...

Small but important hint: You can't. You literally can't.

You're simply showing how little you actually know... exactly the same as back then...
but hey
>this time it's gonna be different

>>29392426
Nice fucking image you retard

>>29392426
What's the wallet address?

I like BSV.. I just don't like the price action.

>>29394738
if you're making trades off Musk's Twitter then I assume you're also deep into DOGE?

>>29394843
>name one decentralized proof-of-work currency with smart contracts and scalable block sizes
the reason you can't answer this is because you're mentally stuck 5 years in the past. you're going to get left behind, and all the people who warned you will laugh. you earned it.

>>29392426
> PND 1bn gains
holy fucking based

>>29392426
based elon

>>29395430
No I’m not in doge but I made a lot of money off it when I was a month ago lol

...and no one fought back

>>29395430
>Claims there is Coins that do everything better
>Can't name 1 (One)

Must suck to be this stupid...
let me guess, you entered crypto at over 20k?
Even at over 1k just shows what a fucking retard you are.

Btw. still waiting for you to name 1 (One)

>>29392650
Nigger

>>29392650
Well he got into Doge, would it be any surprise if he did fell for the BSV meme. Only faggots do, so it’s likely

>>29395907
Bitcoin does everything Shiva Vishnu does with some added benefits, no creg sanjay around, no insufferable schizos echoing the same ridiculous claims over and over and over. Bitcoin is Bitcoin, bsv is a fork of a fork whose value resides in creg sanjay's claim that he is satoshi.

>>29392650
Kek you’re such a faggot. Everyone knows he meant litecoin and it was a typo

>>29394843
>Name 1 (One) that does everything BSV does...
>Name 1 (One) that does everything BSV does better...
Tezos.

>>29397937

>>29397738
You have not once, not even 5 minutes, looked into BitCoin...
You're screaming to lose it all while being blinded by Jewtubers to finance their lifes. Must suck to be you.

You would not even understand that Core has not even a script language. Pro tip: sCrypt

>>29397937
1k TPS vs infinite
Nice try, actually a good one because Tezos is somehow a good project. Will end in BSV anyways.

>>29392426

Fuck TSLA.. German EVs will kill them lol

>trusting billionaires

lol only reason he FUDed it and tanked it is so he can buy back in on the cheap and then pump it again. It was already pumped he could have just cashed out, he dumped it and will buy back in, tweet some more and rinse repeat like an infinite money cheat.

>>29398235
>Muh TPS
Every coin has technically "infinite" TPS until the limits of the infrastructure are hit. Tezos has 1 minute (soon 30 seconds) block times and no limits on block sizes simply because there is not enough volume to justify setting a cap. So, we will see who wins.

>>29399528
I mean I could go on with how it's mathematically proven that PoS is proven to fail... but well...

>>29400035
> it's mathematically proven that PoS is proven to fail
Go on, either way Tezos can move off of PoS if it likes.

>>29400129
https://medium.com/@BobMcElrath/whats-wrong-with-proof-of-stake-77d4f370be15

>Tezos can move off of PoS if it likes
Just like Core can up their blocksize as it was intended.

>>29394843
Nano.

>>29401381
Nice smart contracts it has... Nano has literally nothing besides being literally fast to transact.

>>29401381
>>29401553
Oh and btw. I also like Nano in this market of absolute retards
Stop posting actual good projects for this absolute retarded market that are not necessary having BitCoin.

Sooner or later you will know.

>>29394843
You assume the better tech always wins out. Betamax was better than VHS, but the more popular one, VHS, was universally adopted.

>>29402361
Remember the dot.com bubble.
It's happening no matter how hard you try to twist it.
Core is pets.com
BitCoin is amazon

But I understand your position, full of greed...
>it will simply continue
>nobody is smarter
>nobody uses it but who cares
>number go up

>>29400129
>>29399528
>>29398235
>>29397937
redpill me on Tezos, bros

>>29402361
btc lets you watch 5 seconds of the movie every 10 minutes and the tape costs a fuckton
bsv lets you stream the movie instantly and is practically free.

BSV will never decoupled from that serial forger. Can it with that shitcoin.

>>29402588
>it's the dotcom bubble

Shit, once core collapses we're literally going to have a decade long bear market picking up the pieces of people buying into inferior dogshit purely because it was BIG NUMBER WITH HYPE.

>>29404195
It's easily upgradable. Tezos is wrapped inside of a very thin shell that contains an upgrading protocol. Everything inside of the shell (including some bits of the shell) can be changed without the need of a hardfork.
i.e. it wont die off like ETH (2.0 is coming out when again?). network updates are propagated instantly in Tezos.

>>29404603
and yes, the voting and upgrading process is fully decentralized.

>>29404584
Not gonna be a decade but completely break the currenct (highly manipulated) cycles.
Gonna be a good time. Also finally without all those low IQ retards

>>29394207
same

fucking sick of seeing his dumb face everywhere

at least when Gates or Bezos was 'richest in the world' they didnt fucking constantly grasp for more attention. its so pathetic.

also fuck you if you own a Tesla lmao you are a faggot and are basically broadcasting to the world that you are a retard who likes overpaying for things

>>29402361
This is true, almost nobody today knows about the Lisp Machines.
They are stupidly ahead of their, and our, time.

>>29394843

>>29404805
Read >>29401553 and >>29402108

>>29404885
Why do smart contracts need to be decentralized? Seems expensive and bloated. See ETH.

You can easily integrate a decentralized protocol like Nano into the legacy web without issue. But you can also build hybrids dApps with ETH or other smart contract platforms and use them to interact with the Nano network to function as a decentralized medium, should the service need to be decentralized. I feel in 99% of cases it won't need to be however.

>>29405158
If not decentralized, then those are just called applications. Pro-tip: they exist in abundance rn

>>29405305
Nano is decentralized. What I am saying is, smart contracts do not need to be in 99% of cases.

>>29404603
at any meaningful scale the network will have block propogation issues, particularly with such a short blocktime. This opens it up to attack giving more of an advantage to the attacker. Longer block times mitigate this issue.
The other issue is one of control, so long as the protocol is subject to change the project will lack stability needed for long term development.

>>29405158
Non decentralized contracts can be altered, have a point of failure. Just one of many reasons.

You afterwards pointing out that you also could use secondary network just further provides proof of BitCoin being superior.

>>29394207

>>29405712
Yet we use them every day, for our bank accounts, coinbase transfers, websites, bills, etc., the entire world runs on centralized infrastructure.

I am not saying decentralization is useless, but the use cases are very specific. Currency is a big one if not the biggest. Censorship resistant media is another. Insurance could be another. Decentralization is best when multiple parties are involved, and when there is not a trusted third party that has established itself as being authentic.

Yes, if everything was decentralized it would arguably be a better world, however we simply do not have the technology currently to power a decentralized database that covers everything. ETH struggles enough, and BTC can't even keep up with the financial data.

The only answers are either revolutionizing blockchain tech, using centralized legacy solutions for most things, and decentralized solutions for the very important use cases, or to develop and utilize hybrid systems, mitigating both risk and expenses.

>>29404195
They took many ideas from AGRS which is available on Uniswap and whitebit and soon Bittrex again.

>>29406407
>however we simply do not have the technology currently to power a decentralized database that covers everything
ehm... you're wrong. it's literally proven with infinite scaling

>>29406407
or you know, increase the blocksize like the guy who invented it said to do. Fkn brainlets, tried nothing and all out of ideas

>>29406599
BSV relies on centralized supernodes. While this may be one of the more effective attempts at solving the cryptocurrency trilemma, it leads us back to the same situation as with centralization.

I think the best system will be closer to Nano or Avax. Perhaps even something we haven't seen yet. But there needs to be a balance between decentralization and performance. Currently, everything is simply an experiment in governance. And to be quite frank, I don't think Blockchain is it.

>>29400563
Your medium article was written by a theoretical physicist and contains no math (you said you could mathematically prove PoS can't work).

>>29406795
>BSV relies on centralized supernodes. While this may be one of the more effective attempts at solving the cryptocurrency trilemma, it leads us back to the same situation as with centralization.

Correct, how about actually reading Satoshi posts? And no, it does not lead to the same situation as centralization because of the open competition.

>>29406797
0x0=0, not 1.
that's the TLDR.

>>29394843
Unironically Doge.

>>29404709
> Also finally without all those low IQ retards
If that were the result of losing completely and unequivocally we'd never see you guys around.

>>29407034
Hmm, you mean like this?

https://www.reddit.com/r/nanocurrency/comments/e6z81n/is_satoshi_describing_a_similar_mechanism_to_nano/

https://bitcointalk.org/index.php?topic=423.msg3819#msg3819

>>29407034
That was based on the faulty premise that a system with a high cost (in stake required) to write is somehow still zero cost to add entries.
It is a FUD piece and the "math" of saying "zero times zero is zero" is of course ridiculous and only serves to show that the author has reduced away the essence of the subject by pretending it can be represented with a zero in his model and thereby "proving with math" it is not relevant because whatever you multiply with it turns to zero.

>>29405158
>into the legacy web without issue
The legacy web blows cock and is full of power hungry deranged tyrants and totalitarian corporations.

>>29407672
And for situations like that, decentralization is the answer. Fortunately, we do not live in a dystopian hellhole, just yet anyways. Smart contracts need to be economical for them to be used for the world at large. Simple as that.

>>29407207
What is Nano's response to the Tragedy of the Commons? Basically, what's my incentive to run a validator rather than just piggy-back on others? (and if I can't piggy back then the network is obviously not popular enough for me to use for my finances)

>>29398235
>infinite
This is literally impossible. How can you have infinite transactions in a finite universe?

>>29398235
BSV is king

>>29407207
That has exactly 0 to do with what you were talking about.
You literally are trying to convince someone that centralization will happen because of using a centralized method of meshing up payments for faster confirmation. (Bitcoin snack machine)
You notice the flaw, right?

>>29394207
The guys a fucking arsehole alright.

>>29407840
The Nano Network itself is the reward. In the case of a business, running a $5-$50 node a month would be far cheaper than dealing with credit card processing fees. Let alone when dealing with high risk industries who have to pay 10% per tx.

Nothing wrong with hobbyists either however. As you can see, the Nano network is actually becoming more decentralized over time, opposite to BTC.

https://medium.com/@clemahieu/emergent-centralization-due-to-economies-of-scale-83cc85a7cbef

https://nanocharts.info/

>>29407625
>>29407938
Also, SPV
https://craigwright.net/blog/bitcoin-blockchain-tech/simplified-payment-verification/
(It's also mentioned in the whitepaper...)
Once again, BitCoin is superior.
It's all so tiresome

>>29405419
Nobody is forcing you to invest in any particular currency with or without smart contracts
Why are you acting like you're being held hostage?

>>29408810
Literally having a conversation with someone else, and you come in, quote me half way through, and expect me to reiterate what I already typed?

Congrats on this, seriously.

>>29408906
thanks c:

>>29394207
>an entire subreddit dedicated to shitting on musk blew up by the thousands over these past few months
maybe reddit isn't so bad after all

>>29405529
I don't feel like putting in the effort to fully respond to this, but I'll just say that is not true because they do some fucking around with a tree.

>>29406407
>Yet we use them every day, for our bank accounts
The whole point of crypto is to get away from legacy banking you nonce.

>>29410600
t. literal retard, missing the forest for the trees, as expected of low iq plebs

>>29394360
get some rope ready, cause you'll need it soon
>kys corefags

>>29408122
sounds gay af
> "tHe NeTwOrK iZ rEwArD"
fuck off im not using my rig for that shit.

WHAT THE FUCK IS THAT IMAGE SUPPOSED TO CONVEY

>>29392426
Now you finally get it. When the little guy loses in a regulated market (see GME) why would you assume things turn out differently in an unregulated market?

>>29411199
zoom zoom

>>29411377
>can’t read /v/
Ngmi

>>29400563
>https://medium.com/@BobMcElrath/whats-wrong-with-proof-of-stake-77d4f370be15
One of the most wrong things I've read. If you try doing that you will be slashed mercilessly. That's what slashing is for retard.

Irony is, with one crypto currency it’s simple. By creating competing currencies we delve back into the problems with fiat