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BSV now has tokens Anonymous Tue Mar 24 19:57:16 2020 No.18061981 [Reply] [Original]

https://medium.com/@xiaohuiliu/layer-1-tokens-on-bitcoin-sv-e78c8abf270d

Game over, fuckheads. We won.

Anonymous Tue Mar 24 19:59:53 2020 No.18062036

the dumbest fucking idea in the world

every financial institution and ethereum were going to use centralized oracles; which are faster and more reliant than people give credit for.
But then comes along fat fuck Craig who payed off Investors with BCH money to use their logo
>YOU DONT WANT BITCOIN
>BITCOIN COULD BE HACKED
>BUY BSV :DDD
so then, every single bitcoin project, technology that could deliver data at instant rates without costing companies anything, all went bankrupt because MUH DECENTRALIZATION.

but one problem
BSV IS NOT DECENTRALIZED AT ALL
Craig had gotten an endorsement from Mingers without BSV network even being built. They literally sold them on the idea of BSV, but not the actual tech.

As more time went on, BSV was revealed to not actually have some advance clever technique of decentralized information; they are just going to take the average of multiple sources and say thats the official answer.
This is where a BSV token comes in. Whoever owns the most amount of BSV, gets to decide what source is the most accurate. Anyone who owns enough BSV can cancel out sources for the ones they feel is most right. So, in order for BSV to work, banks would have to have billions of BSV at all time to make sure there is no rogue source of data.

And heres the kicker, the way this network works is you have to pay fees in BSV tokens to process data. Thats Craig solution to prevent rogue bad data from getting through, make it so the data processing fees is so high, only the right data source can pay the fees.

Halfway through this abomination of a project, Craig realized
>oh fuck, any random neet can own a bunch of BSV and corrupt the data
so Craig implement KYC centralization; so that no banks have to use any data from a source that isnt KYC centralized. This means banks will only be trusting other banks for information since they have KYC
So basically; centralized

>>	Anonymous Tue Mar 24 20:02:35 2020 No.18062092 >>18062036 Nice wall of noise, take your meds

>>	Anonymous Tue Mar 24 21:24:09 2020 No.18063667 Bump

>>	Sage Tue Mar 24 21:27:30 2020 No.18063726 >>18063667 Sage

>>	Anonymous Tue Mar 24 21:27:56 2020 No.18063737 No one cares. Hookers want gold bullion not 1's and 0's on your nerd phone.

>>	Anonymous Tue Mar 24 21:43:49 2020 No.18064070 File: 62 KB, 511x477, pQo7e8E.jpg [View same] [iqdb] [saucenao] [google] >>18062036 What the fuck. Is this a legit schizo who has internalized BSV fud to a level of incoherence not ever thought possible?

>>	Anonymous Tue Mar 24 21:49:01 2020 No.18064184 >>18061981 >satoshi's vision was to make bitcoin into ethereum 6 weeks and craig will be a wanted man

>>	Anonymous Tue Mar 24 21:50:20 2020 No.18064212 >>18062036 define decentralized

>>	Anonymous Tue Mar 24 21:50:31 2020 No.18064218 >>18062092 >>18064070 Midwits who can’t even recognize mutant pasta, holy shit neck yourselves

>>	Anonymous Tue Mar 24 21:52:09 2020 No.18064252 >>18061981 Kek so does Ethereum. If people wanted tokens they'd buy fucking ETH. People want BTC the same way they want Louis Vuitton. And as much as you idiots hilariously squirm about this, there's nothing you can possibly do to change it.

>>	Anonymous Tue Mar 24 21:54:57 2020 No.18064309 >>18064252 >ETH doesn't scale the way BSV can >BTC has become a pile of shit, no matter what you want to say

>>	Anonymous Tue Mar 24 21:59:32 2020 No.18064398 File: 335 KB, 500x518, 1580697950881.png [View same] [iqdb] [saucenao] [google] >>18064218 >le gatekeeper of le meme culture Post the pasta it's based on or fuck off, faggot

>>	Anonymous Tue Mar 24 22:01:07 2020 No.18064419 >>18061981 But bsv is a token, it has no intrinsic worth

Anonymous Tue Mar 24 22:25:18 2020 No.18064819

>>18064252
ETH doesn't scale
also, people want BTC that way indeed...until fiat floods into crypto and the BTC network implodes like it did when the price reached $20k, with skyrocketing fees and mempool congestion, all due to the fact that it's been rendered a dysfunctional shitcoin

>>	Anonymous Tue Mar 24 22:33:17 2020 No.18064966 File: 173 KB, 1691x755, s1580900685380.png [View same] [iqdb] [saucenao] [google] >>18062036 This is BitCoin corekek

>>	Anonymous Tue Mar 24 22:37:38 2020 No.18065022 File: 204 KB, 639x740, coinbase.png [View same] [iqdb] [saucenao] [google] >>18064966

>>	Anonymous Tue Mar 24 22:42:14 2020 No.18065100 File: 41 KB, 356x437, 1584309768944.jpg [View same] [iqdb] [saucenao] [google] >>18064966 >>18065022 Checked. This kind of knowledge needs to be spread

>>	Anonymous Tue Mar 24 22:43:30 2020 No.18065124 >>18064252 This is just a small piece of a much bigger machine (sCrypt smart contracts). Tokens will work in a much more efficient way using the UTXO model of bitcoin. >>18065022 Sauce on this? I'd never seen it before, wow

>>	Anonymous Tue Mar 24 22:51:27 2020 No.18065252 File: 34 KB, 740x493, ripplebradlaughing.jpg [View same] [iqdb] [saucenao] [google] >>18065124 >Sauce on this? Don't know but it was legit. I'm a Ripplefag and everyone was laughing about it a couple years ago.

>>	Anonymous Tue Mar 24 23:03:21 2020 No.18065411 >>18065022 This is fake sorry

>>	Anonymous Tue Mar 24 23:05:19 2020 No.18065437 >>18063737 > 2 years

>>	Anonymous Tue Mar 24 23:19:47 2020 No.18065671 >we need to restore btc to its original vision >since version 1 it was perfect >oh wait we need to add smart contracts and tokens you guys are pathetic.

>>	Anonymous Tue Mar 24 23:22:11 2020 No.18065713 >>18065671 You are ignorant bud and apparently proud of your ignorance enough to display it for /biz/ to see

>>	Anonymous Tue Mar 24 23:23:49 2020 No.18065738 File: 429 KB, 458x902, STIFF.png [View same] [iqdb] [saucenao] [google] >>18065671 >we need to add the functionality was there already

>>	Anonymous Tue Mar 24 23:24:19 2020 No.18065748 >>18065713 i got news for you. "bud". bsv wont survive a halving. it's price is barely $100 now. lol good luck paying for that electricity.

>>	Anonymous Tue Mar 24 23:28:17 2020 No.18065800 >>18065748 >https://bitinfocharts.com/comparison/difficulty-btc-bsv.html

>>	Anonymous Tue Mar 24 23:29:05 2020 No.18065812 >>18061981 no it doesn't not

>>	Anonymous Tue Mar 24 23:29:21 2020 No.18065820 So it's copying Ethereum, nothing new here.

>>	Anonymous Tue Mar 24 23:56:24 2020 No.18066244 >>18065820 it was always intended to do what ETH has pathetically tried to implement, except Bitcoin (BSV) actually does it the right way, and does so while scaling perfectly well

>>	Anonymous Tue Mar 24 23:57:47 2020 No.18066264 File: 368 KB, 591x851, eth.png [View same] [iqdb] [saucenao] [google] >>18065820 ETH is copying Bitcoin.

Anonymous Wed Mar 25 01:03:24 2020 No.18067166

>>18065812

>>18066244
>it was always intended to do what ETH has pathetically tried to implement, except Bitcoin (BSV) actually does it the right way, and does so while scaling perfectly well

ETH is pretty much irrelevant since it cant do microtransactions. Imagine the BAT token being able to pay out instantly, for every site you visit. This cant be done on anything but BSV

>>	Anonymous Wed Mar 25 01:43:16 2020 No.18067702 >>18064252 Ill take cryptokitties scaling for one please

>>	Anonymous Wed Mar 25 03:35:59 2020 No.18069060 >fake fucking toshi What's the next deadline you full on retards??

>>	Anonymous Wed Mar 25 03:42:51 2020 No.18069125 >>18067166 theres many other chains that allow this, cswtard.

>>	Anonymous Wed Mar 25 04:31:17 2020 No.18069564 >>18062036 this is a link copy pasta i assume on chain compute will never work, BSV is the only one with a work around.

>>	Anonymous Wed Mar 25 04:34:08 2020 No.18069586 >>18061981 How long until the entire internet runs on BSV?

>>	Anonymous Wed Mar 25 04:47:58 2020 No.18069707 >>18069586 Less than 5 years

>>	Anonymous Wed Mar 25 04:49:43 2020 No.18069722 >>18064398 >seething bsv shill is a commie shocker

>>	Anonymous Wed Mar 25 04:49:56 2020 No.18069726 >>18064252 and that pile of shit is vastly superior to your pile of shit :) seethe, perhaps?

>>	Anonymous Wed Mar 25 04:52:56 2020 No.18069749 >>18061981 tokens on a scam chain. Sounds great, please take my money.

>>	Anonymous Wed Mar 25 04:58:36 2020 No.18069788 >>18069749 they aren't memetokens that you trade and scam people with like chainlink they would represent something like a ticket or store credits

>>	Anonymous Wed Mar 25 06:36:08 2020 No.18070800 Where the fuck do I buy bsv though?

>>	Anonymous Wed Mar 25 06:37:21 2020 No.18070812 >>18069788 no you represent something like a ticket or store credit

>>	Anonymous Wed Mar 25 06:40:45 2020 No.18070868 >>18062036 lol linkies so mad BSV is killing their shitcoin

>>	Anonymous Wed Mar 25 06:47:43 2020 No.18070967 File: 21 KB, 512x512, FA267C99-AAF0-4885-BB26-946BFFA8056A.jpg [View same] [iqdb] [saucenao] [google] >>18065022 >a slap-headed twat with a service to shill knows what Bitcoin needs better than aaallll the devs

>>	Anonymous Wed Mar 25 07:45:48 2020 No.18071639 >>18070967 Hes right about all of that though Bitcoin Core is the single greatest weak point of BTC They should really just be working on Monero or Zcash, it would be a much better fit for their ideology

>>	Anonymous Wed Mar 25 07:49:49 2020 No.18071698 File: 932 KB, 1079x2091, 1lg46cekpvh41.jpg [View same] [iqdb] [saucenao] [google] >>18062036 >So basically; centralized kek

>>	Anonymous Wed Mar 25 07:53:46 2020 No.18071752 >>18061981 But biz told me bsv scam? How can they have tokens like eth...... I don get

>>	Anonymous Wed Mar 25 08:11:48 2020 No.18071936 >>18071698 BSV will be much more decentralized when things are parallelized (asic hashers, GPU miners (for hash puzzles/heavy scripts), node operators all working separately per block)

>>	Anonymous Wed Mar 25 08:13:17 2020 No.18071955 >>18070800

>>	Anonymous Wed Mar 25 08:14:46 2020 No.18071974 >>18071955 Bittrex, Abra, OkEx, Huobi, Bitfinex, Poloniex, HitBTC, BuyBSV, Exodus Take your pick

>>	Anonymous Wed Mar 25 08:15:17 2020 No.18071983 >>18071955 bittrex bitfinex buybsv.com

>>	Anonymous Wed Mar 25 08:16:35 2020 No.18071997 >>18061981 TICK TOCK COREKEK

>>	Anonymous Wed Mar 25 08:39:40 2020 No.18072296 >>18071983 >>18071974 Bittrex sells bsv to us people?

>>	Anonymous Wed Mar 25 08:41:59 2020 No.18072317 >>18072296 yes

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