/biz/ - Business & Finance

>>57594074
>inb4 just use layer 2

BCH solve this

>>57594090
It does, but so does LTC, XMR, Kaspa, BSV, and a trillion other alts. It doesn't matter because BTCfags will never try to improve their protocol.

Rather than trying to improve the Bitcoin network and its use as a payment system, Bitcoiners are instead re-inventing ETH-like NFTs and tokens on a chain never meant for them, reducing fungibility even further and increasing fees.
Why are they like this?

>>57594090
BCH doesn't solve anything because it also can't scale anywhere close to global adoption.

>>57594074
>It was clearly intended to be a currency, which it completely failed at.
XMR succeeded at this but it sucks at making you rich.
Point being if you can't solve the problem make something that does what you need it to

>>57594268
This.
>>57594111
Kaspa is the only coin on your list that actually solves scalability problems on proof of work and allows the network to remain fast, lightweight, and decentralized, forever.

That's why I don't hold BTC, even though it's currently king. It's revolutionary and all that but it can't keep up.

>>57594379
I have .21 btc just as a meme stack and have since mid 2017 but every bull run it gets outperformed by various alts. Even as an investment vehicle it's not the best. I've made way more money from alts than from holding btc.
Its king because it was the first. Over time its market dominance will continue to fall and after this bull run i doubt we'll see it above 50% ever again.

ckBTC solves this

>>57594111
>BTCfags will never try to improve their protocol.
BTC would lose trust and reliability if it was radically changed like that. It sucks at being digital cash, but people feel confident using it as a store of value because it's predictable and people expect the protocol to more or less stay as it is.

>>57594471
BTC wouldn't lose trust if the miners, nodes, and community wanted increased/dynamic block sizes and various other scaling solutions.
It's supposed to be a digital cash.
>people expect the protocol to more or less stay as it is.
except for when they update it with things like taproot?

>>57594074
Being small and lightweight necessitates block size limits, which (together with the supply cap) necessitates fees.

>>57594090
BSV solves this

>>57594870
Taproot was a soft fork. Bitcoin hasn't had a hard fork in ages. If what you're saying is true, then miners could still switch to a better fork of btc with more advanced features. What's stopping them?

>>57596261
>What's stopping them?
profitability. Most dump their coins as soon as they get paid anyway

>>57594074
BTC is and WAS AT THE TIME the slowest shittiest thing that existed.
It's run by governments/glowies/banks and anyone with a brain knows it.
Maxis are the absolute worst people on the planet and really want to steal a real peer to peer cheap payment method from you just so their number goes up.

That said, number will go up to $200,000.

>>57594074
>Satoshi wanted bitcoin (ticker: BTC) to be small, lightweight, and low fee. Instead its a slow bloated piece of shit with tiny block sizes and fees that make it unusable as an actual currency.
>Nowhere in the whitepaper does it mention bitcoin's use as a 'store of value.' It was clearly intended to be a currency, which it completely failed at.

Wow you got me there selling my Bitcoin and moving back to fiat.

>>57597187
Well that's quite the false dichotomy.
BTC is like investing in BlackRock at this point.
You will make money but you are entirely absorbed by the machine and cheering for the total demise of civilization by investing in it.

>>57594188
At least they are on blockchain. What I don't understand why there is no any CP (only some very old TOR links). Definetely some small miners do not care and may include it into block. It should be here.

>>57594188
>Why are they like this?
It's governments/glowies/banks.
Why do you think they do it?

>>57597226
I'd say that investing in BTC is like investing in Google or whatever. Its basically a tech stock at this point. It could barely be considered a cryptocurrency if no one actually uses it as a currency.

Hal Finney had different plans
Satoshi agreed with Finney
end of story

>>57598209
finney is burning in hell right now

>>57598169
You just repeated me basically.
Google is a DARPA spinoff so they can legally spy on everyone and privatize the money.

Now the rest of crypto will be absorbed as well over time, but at least some things like XLM offer quick and easy cheap payment processing that might actually benefit people.
DOGE is unironically better for people to use that BTC.

>>57594188
because btc has become a governance token of extreme power, without a solid store of value backing to support any other tokens, use as a currency is worthless.

>>57594188
Bitcoin puppets are absolutely based. Perfectly autistic.

>>57594870
yes it would lose confidence. it shouldnt be changed often/infinitely. it shouldnt be used as a small time currency, it should be as inconvenient/expensive as selling gold.

>>57594074
Look another tech illiterate ape
Have you got your bananas?

>>57598331
BlackRock can control the network?
Xlm has better security than BTC?
Doge has the same volume has BTC ?
UUUUUUUUHHHhH yeah kys your brain stops working when you need to think about subjects requiring more than 90 iq

And yet, despite all of your cope OP, BTC went from being worth nothing to being worth $50k today.

But thanks anyway mate, at least you tried

>>57594087
>Lightning Kekwork
https://iopscience.iop.org/article/10.1088/1367-2630/aba062

10% of the nodes hold 80% of the BTC and it's a function of its design.

Conclusion:
"Originally designed to allow for cheaper and faster transactions without sacrificing the key feature of Bitcoin, i.e. its decentralisation, it is evolving towards an increasingly centralised architecture, as our analysis reveals. In particular, many star-like sub-structures, whose centers coincide with the 'centrality hubs' revealed by the Gini coefficient, co-exist. These hubs act as channel-switching nodes and seem to emerge as an unavoidable consequence of the way BLN is designed: as a route through the network must be found and longer routes are more expensive (fees are present for the gateway service provided by intermediate nodes), any two BLN users will search for a short(est) path. At the same time, nodes (which can only create channels based on local information) have the incentive to become as central as possible within the BLN, in order to maximize the transaction fees they may earn
...
The tendency to centralisation is observable even when considering weighted quantities, as only about 10% (50%) of the nodes hold 80% (99%) of the bitcoins at stake in the BLN (on average, across the entire period); moreover, the average Gini coefficient of the nodes strengths is ≃0.88. These results seems to confirm the tendency for the BLN architecture to become 'less distributed', a process having the undesirable consequence of making the BLN increasingly fragile towards attacks and failures."

>>57594111
>BTCfags will never try to improve their protocol
picrel

>>57598635
bch boys putting in some work

nice

>>57598460
not an argument

>>57594074
no one could have guessed what solving the Byzantine general’s problems would lead too. not even satoshi.

>>57594074
>small, lightweight
That immediately disqualifies BSV

>>57598510
>volume
You mean fees paid to governments and glowies right?

Yes, FBA is just as good as PoW and doesn't cost anything.

Yes, Doge is cheaper and faster.
6/7 people in the world don't make enough for a BTC tx in a single day.
PayPal or MasterCard is cheaper for any purchase under $300.
Literally can't even send your friend $5 with BTC.

>>57598742
kiss principle-ignorant newfag, you fall for the gayest propaganda because you're a monkey unable to understand what you're reading

>>57598782
It is because you can't discuss basic facts about someone tech illiterate

>>57598635
Bitcoin isn't PoS so supply distribution doesn't matter, also this fraudulent paper is from 2020, time to pay again for another one (preferably in bitcoin)

>>57598635
This is the case with all layer 2s
Kaspa could be promising but it's a jewish (yes, literally jewish) premined (no record of genesis block) scam
Maybe BCH/Satoshi were right after all and we just need to gradually increase blocksize as hardware/bandwidth allow it

>>57594074
that's what Kaspa is handling. BTC as a ledger and reserve currency is far more powerful than just a transaction currency.

>>57598926
>paper is from 2020
Gini coefficient confirms this is irrelevant
>fraudulent
There's a dozen more that say the same thing

You cope harder than anyone else on this board, keep it up though. Stupid gorilla.

>>57598862
No I don't mean that.
Your comment on pow shows you're a parasite. You can't do anything, Pow will wype parasites away, it's over.

Comparing payment processors with assets, a good conclusion to your post, good job proving you're dumber than a bug

They just need to increase the damn block size then it'll be a real currency.

>>57598938
there is no pre-mine scam but it IS jewish. that said, one of the few areas in which jews are actually useful is in designing a good payment system. KAS is the best solution out there, no question.

>>57598926
LN isn't kiss, retard
>>57598964
This.

>>57598964
You didn't responded to anything relevant, you're a tech illiterate parasite, your shitcoin is literally irrelevant, the only reason people talk about it is because losers like you are wasting their limited time to shill it

>>57598964
Centralization means effectively one central hub - that is not the case. Even if the % is high it's still a very large number, and that is important. The reason it is important is that BTC is not controlled by them in any real way - if the large hubs make poor choices other hubs can emerge out of the necessity and there's nothing the wannabe centralizers can do to stop it.

>>57598986
jews lose their genesis block and you give them the benefit of the doubt

you deserve your rugpull

>>57598965
>Comparing payment processors with assets
nigger bitcoin was meant to be a payment system

>>57599028
nigger it's all extremely well documented. probably the most bullish thing about KAS is that there is idiotic FUD already. it's been thoroughly BTFO and you repeating it is embarrassing.

>>57599020
>you didn't responded
literally shaking kek

>>57598997
It's more kiss than the list of cancer the other anon showed, at least it's its separate thing, and to make a high throughput payment system you can't do simpler than this like kaspa showed

Waiting for $CRAIG coin to list, it will fix alot of these issues

>>57599029
Don't try to justify, you didn't accounted for the settlement layer which are required for visa and others to work, because you're dumb as a bug

>>57599039
>it's all extremely well documented
so is 9/11
not buying your shekels

>>57599040
Keep ignoring my point, it keeps exposing the parasite that you are

>>57598416
>currency shouldn't be liquid or used as a currency
>>57599066
you sound like a angry jeet. your $8 in bitcoin isn't gonna make you rich rajeesh
>YOU DIDNT ACOUNTED FOR THE LAYER SER

>>57599074
that's the thing, you haven't made one
not surprised you're shilling kaspa too

>>57599069
I would prefer that morons like yourself buy KAS at 50x the current price

>>57599079
I'm french and I shit on your gay language you perfectly understood me and it made you looked like a moron so you started changing subject

>>57599104
>french
it keeps getting funnier

>>57599104
>im french

>>57599086
What was written again ? >>57598926
And I don't think kaspa will succeed for various reasons (no proof of existence, no scalable full node validation, too inefficient)

>>57599110
>>57599111
France goes beyond Paris cringe gay English

>>57598965
>peer to peer payment system
>unusably expensive and slow and owned mostly by glowies and governments and investment banks
topkek

>>57599119
which part are you kvetching about now?

>>57599133
You're tech illiterate so you couldn't understand the technical tradeoffs, hurdles and solutions if it was explained to you in simple words

>>57599028
Yeah on a surface level it seems bad, but KAS is literally designed to work and be secure without the full ledger history. It uses a secure compression technique to keep the ledger size small. They've published whitepapers and mathematical proofs detailing this mechanism and proving its security. It's based on battle tested concepts such as NiPoPow which are used by lots of other crypto projects. If they didn't do this then the ledger would grow by 10TB a year and the network would become centralized

>>57599119
>too inefficient
You lost me there. Everything about Kaspa is incredibly efficient. It takes efficiency to the max on proof of work. The ledger compression is a part of that

>>57599281
I'm a Christian but thanks anyway

>>57599377
So you literally worship a jew... what's the problem, again?

>>57599394
Well you guys killed him, so he must have been based

>>57599425
Christians are still the biggest supporters of jews and Israel in the world. Me, personally? I don't trust jews at all. Which is why I'm glad that Kaspa is an open source system which is designed to be decentralized and trustless. Because Kaspa is an actual decentralized cryptocurrency and not a centralized scam, I don't have to trust a single jew when using it. I don't have to trust anybody. What a great system

>>57594074
you are describing GRIN picrel
>>57594090
GRIN is the real bitcoin
>>57594111
>LTC
wants to be GRIN but you could just use GRIN

>>57599394
It's just I like my foreskin is all
And I always lose with you guys

>reversed dispute transaction

>>57599484
I love my foreskin too. Thankfully I don't have to give it up to use any cryptocurrency... what a retarded line of thought. I'm glad I don't think like you or else I would have kissed out on so many easy gains

>>57599492
>i don't think i even care about this whole foreskin thing let's be real guys you can still use cryptocurrency without having to get circumcised besides who cares what other people do with their own dicks it's not like you have to get cut to use crypto i'm not doing it anyway i'm more concerned about making money than getting a piece of my dick chopped off

>>57599470
the whole point of crypto was to get rid of jewish money
yet here you are in your funny little hats trying to peddle some Christkiller's premined scamcoin

bearish.

>>57599515
The point of crypto was to get rid of trust. Kaspa is a trustless system. Some of the developers involved were Israelis who studied and did work in the US. This means nothing if you're not a fucking delusional idiot

>>57599529
yet they lost their genesis block and you expect me to trust them

hard pass

>>57599542
The genesis block was never lost, it was preprogrammed into the nodes themselves. That's how you can know 100% for a fact that they started off empty with no premine

>>57599553
>no transaction history before May 2022
>jewish founder
good luck guys!

>>57599619
You know most of that transaction history has been recovered, right? You guys are operating on FUD thats a year out of date lmao. You guys are like the second iteration r/buttcoiners desperately looking for reasons to feel better about missing out on such an obvious play. If you bought kaspa when you first found out about it then you'd be rich already. You lost because you fudded yourself out

>>57599619
>pic
gee, that's a lot of coins for such a short amount of time, don't you think?

>>57599648
>transaction history recovered
can I have it?

>>57599619
Really? I can use the explorer to view transactions from before May 2022 so that can't be right
>>57599650
It's literally Bitcoin's emission schedule but sped up by 4x. That's all.

>>57599668
Yeah you can, just look at the explorer lol. It's funny because all the "missing transactions" that were linked in the old techleaks fud article are now all recovered

>>57599684
and has the founder denounced the talmud?

>>57599697
Has the founder of your favorite coins denounced the Talmud? No. No founder of any crypto coin on earth has done that. So shut the fuck up you disingenuous retard

>>57594074
people on beoble and biz in 2024: "LET'SS HOLLD GUYSSS!!"

>>57599706
the founder of my favorite coins isn't Israeli though. It's implied they denounce the talmud.

>>57599714
Nah, most non-israelis in the west do not denounce the Talmud, implicitly or otherwise. Show me where the creator of your coin has said ANYTHING negative abou ANYTHING relating at all to jews, or stfu

>>57599730
if they read the talmud they would denounce it

>>57599738
Prove it

>>57599741
wouldn't you denounce a book that says you should be a slave to jews?
if you weren't a jew of course

>>57594361
Well we’ve heard that before

>>57599755
Not necessarily. Plenty of non-jews simp for jews. Prove the creators of your coin aren't among them. Now.

>>57599779
it's up to you to prove that they do

>>57599796
Then it's up to you to prove the creators of kaspa endorse the Talmud. I want a specific quote of yonatan sompolinsky saying he thinks the talmud is valid and thinks non-jews should be a slave to jews. Thanks

>>57594074
Viagra was originally intended to treat high blood pressure

>>57599779
jewbro, I don't think he's interested in your jewcoin is all.

>>57599829
That's cool then don't buy it. But don't spread false FUD unless you want people to take an issue with it

>>57599814
If he didn't endorse the talmud he wouldn't be an Israeli tbf

>>57599843
Prove it. Honestly you /pol/fags missed out on the original btc back in 2925 because you thought it was a jew scam back then. /pol/tards re easily manipulated idiots who keep missing out on all the best investments. Not my problem

>>57599843
yo what's up fellow 4chan user i see you are talking about bitcoin personally i have a lot of faith in bitcoin i think it's going to 100k by 2021 the thing is i have a massive dick so honestly i don't know what i'm talking about

>>57599854
well btc is a jewscam today
I'd say /pol/ was right again

>>57599854
back in 2015* sorry, I was phoneposting

>>57599869
You missed out on the best investment opportunity you will EVER come across in you life because you dismissed it as a jew scam
Your mental illness is limiting your potential, plain and simple

>>57599879
If that was the best one why would I buy kaspa

>>57599891
Because it's speedrunning bitcoin's life/growth cycle

>>57599897
sounds like it's too late then
I'll grab the next one that *totally* didn't get premined by a jew

A thread about Satoshi and it's filled with filthy Kaspa shills. Stay AWAY

>>57599914
they smell shekels

>>57599891
i don't even know what 4chan is but they sound like a bunch of beta cucks probably too many vaccines or not enough vaccines or something i have a yuge cock and i'm going to buy kaspa because it's the best one to buy i would suggest you do the same fellow kaspalite

Yeah so STX solves this unironically
>>57591629

>>57599924
jews cannot create but only destroy
your memes are proof of this

>>57599529
This

FTX: JEW
CELSIUS: JEW
KASPA: JEWS with mining rigs

NOTICE A PATTERN?

>>57599944
I'm something of a noticer myself

>>57599956
Good looking out king. At this point you'd have to be a complete newfag or moron to buy into jewish scams.

>>57594074
>>57599930
the citycoin scammers lmao
>>57599471
GRIN

>>57599157
>projecting the same thing over and over and never refuting how slow and expensive it is and how it serves no purpose and is obviously run by governments

>>57600110
yep
the ultimate midwit

>>57599914
Your loss, dude. It's the most practical implementation of Satoshi's original vision to date, and smart money knows it. That's why it's massively outperforming ALL your coins on the YTD

>>57600490
the chart is literally vertical
anyone who buys here is retarded
and anyone who shills here is jewish

>>57600577
>the chart is literally vertical
Yep. You should have listened. Kek. But you didn't. You were wrong before and you were wrong now

>>57600604
I'll wait for the 90% correction when the founder jew dumps on you retards

>>57600615
They won't be able to, because they did a fair launch and only mined a meager 3% of the total supply! Because the KAS founders knew that would be good for the long-term growth of their network. Now go back to your 50% preallocated shitcoins that had ICOs and presales lmao

>>57600633
>jew
>fair
a whole new generation of redpilled kaspa baggies is coming

>>57600667
you /pol/tards will watch Kaspa go to $1 and beyond and then pretend like you didn't FUD it all along just like you did with bitcoin back in the day

>>57600675
>jewish founder
it's unironically different this time

>>57600675
/pol/ are the ones who bought KAS. we know that if one thing jews can be trusted to do correctly it's a digital payment system. and we fucking VERIFIED.

>>57600684
It's an open source, decentralized, trustless network. Show me the part that's controlled by jews. Your argument only applies to centralized scam networks like Solana. Not actual cryptocurrencies which are not under any centralized control

>>57600690
yeah that's all great except for the part about the jewish founder, missing history, and obviously overbought chart

>>57600711
Yeah we get it, you're an edgy /pol/fag who hates money and hates jews. I've heard the same arguments from you brainlets since it was under 1c. I'm so glad I don't have /pol/ brain or else I'd have a LOT less wealth to my name right now

>>57600734
not sure what you expected shilling a jewcoin on 4chan

>>57600770
I made quite a bit of money because people shilled that jewcoin to me a year ago and now I'm returning the favor.
If you did more than the most superficial, hairbrained analysis of it, it was always obvious it was going to be a top performer. A literal fucking IQ test just like the crypto market in general

>>57600800
look buddy you're not getting my foreskin ok?
fucking faggot

>>57600844
>see a conversation about cryptocurrency
>your mind immediately jumps to penis
I'm thinking the only faggot here is you, faggot. Stop shitting up this board with your penis talk.

>>57600854
you greasy kikes are all the same
not buying your bags
not getting my foreskin

>>57600864
Hey man, I have good news. Your foreskin is completely irrelevant to anything to do with crypto. So stfu because nobody cares about it

>>57600872
seems like you care about it
not sure why else you would keep bringing it up

>>57600884
I would bet 1000 KAS that my foreskin is longer than yours

>>57600890
>26 pbtid
>all of them about foreskin
I don't think kaspa is the coin for me

>>57600901
I think you might have reading comprehension issues. The ONLY time I mentioned foreskin was in response to others doing so. You're also pretty obviously using a 4chan pass and a VPN to change IDs after every reply like a coward

>>57600909
>27 posts about foreskin
might be time to find a new hobby

>>57600923
No matter what I do as a hobby, it will never be as pathetic as your samefagging

>>57600930
I heard schizophrenia is common in ashkenazi bloodlines you should probably get checked out

>>57600002
why dont the retards on grin just collaborate to reduce your inflation of 1 grin every second or whatever the fuck down to 0.1 grin every second "just to see what would happen"

i'm pretty sure you guys are just donating your electricity anyways to that project so what difference would that make to you