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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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19137420 No.19137420 [Reply] [Original]

No BSV General thread, lets start

>> No.19137438
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19137438

Who is doing all these transactions and will it continue like this going forward?

>> No.19137440
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19137440

development going strong.

Rule: Craig talk not welcome, this thread is just about BSV the coin, the network, the protocol

>> No.19137457
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19137457

>>19137438
yes.

>> No.19137497
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19137497

~80% transactions on BSV

>> No.19137557
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19137557

How long until BTC implodes?

>> No.19137574
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19137574

This is what happened last time

>> No.19137636

Good thread Anon.

>> No.19137720
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19137720

Friendly reminder, picrel is a node.

You cannot hide this node.

When a court order arrives the owner of that facility will comply.

>> No.19137752
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19137752

Friendly reminder,

picrel is not a node.

>> No.19137754

this is a pretty fucking sad thread

>> No.19137766

>>19137557
Honestly it might just be a slow decline or even remain mostly flat as BSV closes in. It's going to be utility driving BSV. BTC has nothing. Their strategy going into the future is hoping for the best and hodl.

>> No.19137834
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19137834

People in BTC unironically believe picrel is a good situation to be in

>> No.19137913

Calvin what are you doing
there is no way the court results were bad enough to greenlight another shill bounty campaign on biz

>> No.19137925
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19137925

You have to understand that BTC was insidiously undermined by an entity (blockstream) 100% funded by big banks.

Picrel is current BTC devs, this clearly corrodes the ethos of Bitcoin.

>> No.19137964
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19137964

Corecuks had their chance to make their own chain with hookers and blackjack, but they usurped the ticker symbol BTC instead.

>> No.19138007
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19138007

>>19137834
I cannot decide if that image is more hilarious or sad.
Or maybe I'm just trying to force out some laughter to cope with how utterly sad it is.
t. guy who's been in bitcoin since the old days and saw the hijacking of the narrative first hand
BitCoin is gonna make it, r-right bros?

>> No.19138066

>>19137766
I am not sure it will be a small slow decline for BTC, fees are already jumping up, this time not because of an explosive bullrun, but due to miners not receiving enough subsidy and now using fees as an extortion instrument.... basically converting themselves into highwaymen.

This will not end well.

>> No.19138088

>>19138007

https://www.youtube.com/watch?v=DwhhllRHWIc

here another piece where you wont know if to laugh or cry.

And his shit gets pumped.

>> No.19138170

>>19138066
All while BSV is cranking out 370 MB blocks with a whole bitcoin in fees.

>> No.19138177
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19138177

This is not normal.

>> No.19138200

>>19137964
the cashie curse: never comprehend never be able to participate in consensus.

>> No.19138205

>>19137925
All of those devs are right, and moreover they would be right if they were talking about BSV as well. Credit cards are totally superior to BSV in every way when it comes to buying a cup of coffee, fiat cash also wins, hands down.
My advice to all you BSV fans would be to stop comparing yourself to Bitcoin, because BTC targets a different use case than you do (store of value) making it an apples to oranges comparison. Instead you should focus on comparing BSV to the alternatives for the use case BSV targets, spending, so how does BSV stack up against credit cards and cash.
It doesn’t matter if historically some Bitcoin figure, even Satoshi, talked about ”electronic cash”, that’s not where Bitcoin is at anymore. Bitcoin’s job is to make its case against gold, and BSV’s job is to make its case against cash. BSV making its case against BTC is just misguided, irrelevant and looks obsessed.

>> No.19138239

>>19138205
>store of hodl

Bold strategy.

>> No.19138246

>>19138170
a whole sv coin you mean that's worth like $100

>> No.19138309

>>19138246
Yes, a whole Bitcoin.

>> No.19138347
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19138347

>>19138088
lol
https://www.youtube.com/watch?v=29TX4GJyCCY

>> No.19138379

>>19138239
You may think so, and you could be right, but that’s not a worry for you since BSV does not try to be a store of value, just like he ability for a crypto currency to take over the spending use case from cc/cash is not my worry since BTC does not try for that use case.
Seeing that more than half the posts in this thread only talk about BTC (and seem to think BTC going down would imply BSV going up, though they don’t compete for the same market) it is clear the BSV community is deeply confused as to what BSV even tries to be.
Are you trying to win over the spending market from BTC? Well, guess what, congratulations, you’ve already done it, espeysince BTC has long abandoned that use case! So the time has come to stop obsessing over BTC and direct your attention to the remaining competitors for your use case, cc & cash.

>> No.19138392

>>19138309
Don’t you realize obsessing like this only makes you look foolish?

>> No.19138420

>>19138379
Honestly I stopped reading.

>>19138392
Says the guy invested in future money, but thinks credit cards are better.

>> No.19138468
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19138468

>>19138205

like >>19138007 I am an oldfag from the early days. And I have to disagree with the gold narrative. Well, at least somewhat.

You see, there are lots of elements that a rarer than gold, so rarity is not they main driver of why people use/used Gold as money.

Rarity is not the most important feature of a cryptotoken, for if that would be the case the coin "42" should be the one with the highest marketcap.... funny enough, 42 was created to highlight the fallacy in thinking that scarcity is all you need. No, what you need is utility, and BTC has reached peak utility.

Another thing, we are not comparing ourselfs (at least I am talking for myself) to bitcoin, BSV IS Bitcoin. I am just pissed, that the movement behind Segwit and shit hijacked the name of bitcoin and the ticker symbol BSV, castrated it and are now, in full view of the desaster that is about to happen still luring people in. 99% of "investors" dont even know they are holding a frozen turd in their hands and spring is here.

And yes, the "plan" was to be better than the credit/debit card network.... well actually be a network for constant and effortless payment....and that is just one usecase.

Here a video of what BSV can do in that regard:
https://www.youtube.com/watch?v=8UQfQ8-w2q0

>> No.19138483

>>19138420
You really don’t get it. The crypto spending use case is DEAD, and while BTC sailed on and is thriving in the next use case, store of value, BSV is stuck in spending land and will be killed not by BTC but by credit cards.
You are being attacked from the left by credit cards, from the right by cash, all the while screaming about BTC that doesn’t even think about you any more.

>> No.19138495

>>19137420
>>19137440
>>19137457
>>19137497
>>19137557
>>19137574
Don't forget to switch your VPNs next time, jeet.
The shilling will look less obvious

>> No.19138504

>>19138468
ticker symbol BTC that is

>> No.19138519

>>19138468
BTC may or may not be doomed, but that is irrelevant to BSV. BTC going down will not increase the price of BSV because all the money in BTC will not move over to BSV since that was money looking for a store of value, not for a spending mechanism.

>> No.19138525

>>19138495
I did not forget, I am trying to open up a conversation you attention challenged faggot

>> No.19138555

https://bitinfocharts.com/cryptocurrency-charts.html

bsv doing 48+% of all transactions and isnt top 3 blows my mind

>> No.19138586

>>19138555
It is easily understood when you realize the money looking for a few extra hoops to jump through in a spending process is vanishingly small.

>> No.19138625

>>19137440
Cool. I like everyone else used to assume that BTC was guaranteed to prevail as the one and only true Bitcoin, just because, y'know, it had the backing of the core developers. But all the development activity on BSV is genuinely exciting. BSV "maximalists" don't just shill their coin and come up with elaborate explanations for why it will moon, they keep their heads down and code. I will buy a bag eventually.

>> No.19138661

>>19138088
Nice digits.

What a disgusting worm Richard Heart.. ops I mean Richard J (((Schueler)))) is.

>> No.19138664

>>19138483
There's so much more to Bitcoin and it's capabilities than simply spending, but you would never know that because to you this is just gambling vehicle where you can just hodl and hope to make it someday. Talking about muh store of hodl my store of hodl. The get rich quick crowd in a particular area can only grow so much. BTC is stunted and useless. You're just looking for other fools to hold your bags. BSV on the other hand is Bitcoin as Satoshi designed it. Allowing back and front end solutions for business. Things that cannot occur on BTC.

You're right about one thing and its BTC being DEAD.

>> No.19138667

>>19138519
anon,
https://www.youtube.com/watch?v=adBpkOzSA8o

Old and big money wil not move over to BTC, they have enough different stores of wealth and have weathered storms like this or worse already before.

Store of value is an uphill battle for gain of saliency against other methods that have been tried and tested for millenia.

Bitcoin is more akin to a commodity, and commodity only gain value with use/demand. BTC reached maximum utility.

>>19138007
BSV is our only hope.

>> No.19138712

>>19138667
Store of value is a secondary effect of a commodity anyway, not a primary. Since there is no fundamental driver of use in BTC the only way forward is down because it solves no problems.

>> No.19138751

BTC is 100% kept alive ONLY by the fake money printer of Tether.

If tether stops counter feiting money, BTC and the rest of the phony cryptomarket DIES. The only thing that survives are coins with actual utility, i.e BSV and also Monero for criminal niche use cases.

>> No.19138761

>>19138664
This is why I hold all three. Retards will keep meming the price of "btc" up. When it all comes crashing down they'll flock to BCH and BSV

>> No.19138804

>>19138667
> Old and big money wil not move over to BTC, they have enough different stores of wealth and have weathered storms like this or worse already before
I disagree, in part because I personally know old, big money that is diversifying into BTC, but be that as it may. I notice you don’t disagree with my view that BTC and BSV target different use cases and thus there’s very little point to pretend they are competitors for the same market.

>> No.19138840

>>19138804
BSV is a store of value too, but it's not what we all autistically screech about. Because it's not what drives adoption, it's a secondary effect of it.

>> No.19138846

>>19138664
>to you this is just gambling vehicle
No, to me BTC is a scarce asset that is in demand which makes it a useful store of value. All it has to do is protect me against inflation and I’m happy. I’m not looking to offload my bags to some idiot, one day when I need cash someone else who needs protection from inflation will trade with me.

>> No.19138897

>>19138392
it's annoying as fuck like a guy keep calling a rat a horse because in his mind you can do races with rats and people would find it more entertaining than horse races.

>> No.19138898

>>19138840
If you want to try for SoV then bringing BTC into the discussion is of course relevant again. But no cheating - no reverting to discussing spending again as soon as you’ve lassoed BTC back into the ring, because BTC don’t care about that so don’t waste its time.
But if you really want a BTC vs BSV smackdown over who is the best SoV, then go for it and best of luck.

>> No.19138929

>>19138897
/altcoin

>> No.19138941

>>19137420
Explain to me like I'm retarded what was wrong with BCH and why the fork.

>> No.19138972

>>19138846
>I’m not looking to offload my bags to some idiot
>one day when I need cash
Looks like you're full of shit.

>>19138898
wtf are you even talking about, dude? BSV is clearly the best store of value. You can have BSV, use it or hold it and use it later. BTC is literally hot potato.

>>19138941
It's just another small block shitcoin and they alter protocol like Segshitters. If you got into BCH back in 2017 because you wanted to preserve Bitcoin then you'd be in BSV today.

>> No.19138981

>>19138804
BTC is memeing its way in SoV. IMy opinion is a lot of people will fall for the meme, yet the technicalities of how bitcoin(any chain) works impede BTC from succeeding.

My nightmare scenario: BTC dies and "lives on" as a token on BSV with a way higher price than BSV again because of a narrative shift.

>> No.19138982

>>19138972
>If you got into BCH back in 2017 because you wanted to preserve Bitcoin then you'd be in BSV today.
Why?

>> No.19139006

>>19138982
Because the exact sentence I wrote before that.

>> No.19139017

>>19138941
https://medium.com/@_unwriter/the-resolution-of-the-bitcoin-cash-experiment-52b86d8cd187

>> No.19139034
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19139034

>>19138468

>> No.19139046

>>19137420
The true black pill is that even though CSW is a scam artist fraud (Hal Finney is probably Satoshi), BSV unironically has the best tech between BTC and BCH.

>> No.19139095

>>19139046
CSW is such a fucking wildcard. It's an abstract feel.

>> No.19139101

>>19139006
what part of explain to me like I'm retarded do you not understand
>>19139017
thanks

>> No.19139121

>>19138972
> BSV is clearly the best store of value. You can have BSV, use it or hold it and use it later. BTC is literally hot potato.
Ok now we’re cooking with gas.
I think BSV is in much greater peril of suddenly going to zero than BTC, simply because so much more money is invested into BTC, and the fact that the rest of yous are forks means less inherent trust. What’s your case for BSV > BTC as SoV?

>> No.19139150

>>19139034
>>19138200
look again at >>19137497
BCH is even more terminally ill than BTC


>>19139046
>>19138347
I already stated >>19137440
no Craig talk.

>>19137913
next time I´ll include a no Calvin rule too.

>> No.19139157

>>19138981
Heh, well that’s an entertaining thought. But what about the block chain prevents it from being a SoV? (You don’t have to convince me that block chains are inappropriate for spending)

>> No.19139188

>>19139046
Best tech for which use case tho?

>> No.19139207
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19139207

uh oh

>> No.19139254

>>19139121
We're still in the primordial soup era of Bitcoin in terms of capitalization. BTC garners no trust from institutions. They park their money in bonds over BTC 99,999 out of 100,000 times and bonds are dog shit. I've already explained my case for it being a store of value and why BTC isn't one in my previous post. BTC is just musical chairs, there isn't anything driving it besides greater fool theory, because BTC solves NOTHING.

>> No.19139264

>>19139121
do you agree with me that oil, if storage capacity is not an issue is also a store of value?

BSV is poised to be the most used data commodity(for lack of a better term). Meaning there will be an inherent demand, not from speculators only, but from real usage. Petroleum didnt beco valuable just by being pretty, it became valuable due to its usecases.

BTC has no other usecase than sov meme at this point.

Gold at least has a floor, because bitches like dem shiny.

>>19138804
do them a favor that might make them very gratefull towards you: Tell them to hedge nominally their BTC with the same amount of BSV.

We BSVishnus are not as stupid as the corecucks are making you believe. Me thinks

>> No.19139269

>>19139157
>But what about the block chain prevents it from being a SoV?

The blockchain makes a great SoV. Just see BSV.

>> No.19139283

>>19139150
>BCH is even more terminally ill than BTC
usually has a higher hashrate so disagree
sv is probably the absolute worst fundamentals wise of the 3 forks most burden lest reward lest consensus

>> No.19139288

>>19139254
>BTC is just musical chairs, there isn't anything driving it besides greater fool theory, because BTC solves NOTHING.
Pls tell me in simple terms what BSV solves and whats driving it

What does BSV do right that ABC does wrong? If you cant answer this you should stop posting.

>> No.19139323

>>19139288
I've already told you before, faggot. It scales massively to meet demand of everyone. BTC and BCH are both small block shitcoins with protocols that are always shifting. You can't build on that, you can't transact on that.

BSV is simply the Bitcoin protocol unbounded. It allows business to develop without the worry of massive protocol changes or scaling issues.

>> No.19139420

>>19139323
Makes sense. My theory is we had to take it back from the chinks.

>> No.19139482

>>19139323
all the real monetary demand for bch transactions could fit a 100k block or less. if you get rid of the spam like weather data and idiotic shitposts there is barely anything left.

>> No.19139499

>>19139482
Blocklet cope.

>> No.19139511

>>19139499
it's the truth m8, there is no demand no adoption just spoof. very sad.

>> No.19139524

>>19139499
why is he wrong? OG whitepaper said to raise block limit "as needed"

>> No.19139560
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19139560

>>19139150

>> No.19139562

>>19139524
fuck are you smoking whitepaper didn't mention any block limit. nor did it mention minority hash shitforks being bitcoin.

>> No.19139564

>>19139511
Just because you can't see the value in something doesn't mean nobody else can. You will always be a blocklet and you will always be coping.

>>19139524
No it doesn't. Satoshi was telling people that Bitcoin would scale to the size of server farms and that users would just use the system and not worry about maintenance, because that's what miners do.

>> No.19139590

>>19139562
Nor did it say remove signatures from transactions and all transactions from the chain, hold for a few banking hubs on a shitty banking layer called Lightning.

>> No.19139594

>>19137420
Until the price goes up significantly against BTC, nobody cares about the tech.PERIOD

>> No.19139606

>>19139564
i was talking about objective adoption for the purpose of transacting value on the blockchain. it doesn't exist on the bch forks at all. and there is nothing else on bitcoin.

>> No.19139637

>>19139590
that's a sad misunderstanding cashies just can't understand segwit so they make up these flat faced lies to reassure themselves.

but the whitepaper didn't mention scripting for example either. bitcoin since it's first release was spendable to a valid script executing to true. and that did not change since it was released in 2009.

>> No.19139700

>>19139157
unlike a chunk of gold, a bottle of wine or a fucking 18th century chippendale commode which all just sit there, Bitcoin needs active miners to function and survive.

If those miners do not have an active incentive ALL THE TIME they will turn off their machines or move to another task that can generate income for their ever depreciating assets(the asics).Due to the mechanics inherent in the difficulty adjustment hat may make bitcoin as slow as 1 block per day or even longer reaching infinity time per block....in BTC´s case remember only 3000tx per block.

In bitcoin the incentive for miners is a mix between the subsidy and the transaction fees. The subsidy is ever decreasing, so to reach equilibrium and keep the miners chugging along you have to increase the value of the tx fees or the subsidy(what is left of it). Since the subsidy has a half life of 4y, that would mean fiat price with purchasing power parity in place has to double every 4 years.... since the world is round that has a finite point and 4 years after that point is reached we are back at square one, the subsidy is not the solution. The solution can only come from the fees.

Now, how do you increase revenue from a good or service? easy, there are just two direct ways, either make it more expensive or make more.

make more room in BTC is admittance by the corecucks that their plan is wrong and LNand other shitty off chin solution where those parasites want to siphon off from would die immediatly because not needed. So the only other way is by increasing fees...what is currently happening and what
>>19137574
>>19137557
>>19137834
reference.

reminder, for btc SoV you need another person that also believes in the meme. For BSV SoV you just need a buyer that needs BSV either for SoV, or needs SV to run whatever he wants to run on BSV this is what
>>19137440
>>19137438
>>19137457
reference to.

>> No.19139715

>>19139594
Not entirely true. /biz/ won't care until it's already shot up in price, but people who build it for business solutions will.

>>19139606
>the purpose of transacting value on the blockchain
Which is what according to you? Nothing $1000? That's a pretty inflexible use and will not see widescale adoption, nor is it the purpose of Bitcoin. Bitcoin can do that, but it's so fucking much more than that. Microtransactions that do push data, manage logs or connected to cause and effect smart contracting, etc. Me giving a shop keeper $1 for a candy bar is almost a secondary use of this technology. You're missing the forest for the trees.

>>19139637
Scripting doesn't fundamentally alter transactions, both in a legal and functionality sense.

>> No.19139800

>>19137420
OP, thanks for the post. I made a couple lead-ups to this, and you've entirely outdone what I had in mind. Thanks :D
>>/biz/thread/19082397
>>/biz/thread/19096017

Was planning the 3/3 today, but I can say you've said it all :D The rest is discussion.

tl;dr: Segwit chain bulltrap incoming, expect a massive shift in wealth onto potential Layer 1 technologies. I've made the case for the segwit fail, but not for which Layer 1 will ultimately take the prize. Today we see why BSV stands the best chance.

>> No.19139846

>>19139715
>That's a pretty inflexible use
it is what it was born for to prove you can make it work without trust. bitcoin is the only trustless permissionless publicly auditable and secure byzantine fault tolerant distributed ledger in existence. and that is it's one and only value proposition.
>Scripting doesn't fundamentally alter transactions, both in a legal and functionality sense.
well for one it makes signatures optional. but of course standard scripts will include signature checks as not many people are stupid enough to give away their bitcoin.

which is why the cashie hallucination about segwit tx-es not having signature is so retarded: bitcoin is about serious money no whale or exchange would use segwit if they had to trust someone else with their money.

>> No.19139909

>>19139846
Not impressed. Useless shitcoin is useless and hash is dynamic. Enjoy playing musical chairs to the bottom.

>> No.19139971

>>19139700
BSV way of coping with lowered subsidy is an increase in possible transaction per blocks.

>>19138170
here is a block with 1 bitcoin as fee reward although BSV fees are really really small... that is in fiat, but most importanty in bitcoin.

So BSV is proving that with 6.25x300mb per block the diminished subsidy is offset in a way that doesnt even bother the endusers, since they don´t have to worry about the price of transfering bitcoins back and forth....

whats more, once the threshold is reached for miners to breakeven miners are now incentivized to lower fees even more since they are competing against the others.... a phenomenon we are already witnessing with different miners in BSV, were miners are actively talking with high tx count operators to mine their tx directly for a lower price.

>> No.19139975

>>19139909
>Not impressed.
i see, well bitcoin is not for everyone.
hashrate is dynamic yet when btc lost 40% hashrate the bch forks gained none. dynamic my ass.
>Useless shitcoin is useless
in that we agree.

>> No.19140024

>>19139971
What's really great is we're just getting started on this. We'll easily be hitting multiple GB a block by year's end. Miners will be well fed and the system will churn on with assurance that miners will continue to profit and secure it.

>>19139975
Tell me about Lightning, bro.

>> No.19140059

>>19139637
>>19139715
Scripting is a part of the original whitepaper, it's just autistically hyperfocused on the 'example use-case' of financial-ledger based on the authors' since-improved predisposition to assume the reader would intuitively understand the full scope of possibilities exemplified through that original example ledger.

>Scripting... makes signatures optional
Negative ghost rider, sigs are the core element of the system and every script has it's own. That's specifically how we allow machines to adopt psudonyms and transact as self-interested agents. See: 4th industrial revolution.

Many Layer 1 technologies have a fantastic method of scaling to global use in the sense that every human's daily transactions would work on it. Only BSV, NKN, and other emergently-sharded systems can accommodate the transactional volume of an economy where autonomous agents outnumber humans by orders of magnitude.

>> No.19140100

>>19140024
>Tell me about Lightning, bro.
never used it but i find it fascinating. i would love to use it on public transport instead of tickets and passes and idiotic prepaid cards.

>> No.19140114

>>19140059
>Scripting is a part of the original whitepaper
rofl show me!

>> No.19140135

>>19140059
>Negative ghost rider
so you don't actually know how bitcoin works? fascinating. i bet you think bitcoins are chains of signatures too.

>> No.19140140

>94 posts
>19 posters
schizo thread

>> No.19140159

>>19140100
How many nodes do you run? Like five I bet.

>> No.19140216

>>19140159
why would i run more than 1?

>> No.19140232
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19140232

>>19140135

>> No.19140241
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19140241

>>19140114
>>19140135
BTFO

>> No.19140248

>>19140216
Shock value

>> No.19140266
File: 790 KB, 1500x1000, its_simple.png [View same] [iqdb] [saucenao] [google]
19140266

>>19140140
>people talking with each other on an internet forum
"lol you guys have almost made 5 posts each on average in this thread"

>> No.19140342

>>19140232
that's test in a word document, but actually how bitcoin works i mean. because it may surprise you if you learned about it. a bitcoin is an utxo. simple as that. it's the definition that fits all bitcoin in existence without any exceptions special cases special premises or selectivity.

and since a bitcoin is an utxo it is spendable to an unlock script that executes to true. if the script checks a signature or not or maybe multiple signatures and complex decisions and timelocks that's up to the script. a bitcoin does not necessarily have a single signature or require a signature to be spent.

i know this is getting deep and technical for the cashie brain. but it is the objective truth.

>>19140241
again where is any reference to scripting? i read the whitepaper a couple of times over the past decade i would be surprised if you found any that i missed.

>> No.19140413

>>19140342
>btc isn't described by the whitepaper: Bitcoin: A Peer-to-Peer Electronic Cash System
don't disagree with you there

>> No.19140441
File: 887 KB, 614x636, tardvomit.png [View same] [iqdb] [saucenao] [google]
19140441

>>19140342
>Going to the moon is moving and if you detach the moving part from the rocket you don't need fuel haha

Everything comes back to the chain at some point you trisomy fuck

>> No.19140508

>>19140342
>satoshi was wrong the post

>> No.19140777

>>19140508
he was not exactly wrong (about this) he just dumbed bitcoin down a hell of a lot for brainlets. you can't possible think the whitepaper has described anywhere near as accurate and specific ruleset as bitcoin actual source code had.

>> No.19140805

>>19140413
well if satoshi wanted a "cash" system he either didn't understand monetary theory or dun goofed with the supply curve.

but bitcoin without the shadow of doubt is a peer-to-peer electronic payment system.

>> No.19140866

>>19140777
wasted digits

>>19140805
>peer-to-peer electronic payment system
BTC is literally incapable of payments. It can only do settlements. BSV on the other hand can.

>> No.19140881

>>19140777
>>19140805
We're just pointing out that it's not rational to claim that one emergent property of a system *is* that system. It's like saying [any verb here] *is* [any noun here] just because the latter affects the former. To make such a claim is a language crime, for which one may belong in word jail.

>> No.19140902

>>19140866
BSV = bitcoin in this thread. Don't worry.

Segwit is a joke for everyone but boomers about to get BTFO. (see: j/k rolling)

>> No.19140947

>>19140866
>BTC is literally incapable of payments.
how willfully stupid you have to be to say that contrary to all evidence?
>It can only do settlements.
wat the actual fuck... did you had a lobotomy as a child? did they disable parts of your brain responsible to distinguish reality from your imagination?

>We're just pointing out that it's not rational to claim that one emergent property of a system *is* that system.
i'm just pointing it out the whitepaper is inaccurate and oversimplified to a fault compared to bitcoin actual.

>> No.19141038

>>19140947
>joins a conversation about the ongoing improvements and development of a core idea
THE ORIGINAL STATEMENT ABOUT THE IDEA DID NOT INCLUDE ALL SUBSEQUENT STATEMENTS ABOUT THAT IDEA SO YOUR CONVERSATION IS SHIT

I can't imagine being as angry as this guy every day of my life. What an existence...

>> No.19141074

>>19140947
If BTC was capable of payment's Lightning (a banking/payment processor application) wouldn't be necessary. It's literally CANNOT do payments. There is no instant payment, nor is there assurance your payment will arrive in the next block. They literally removed all of BTC's functionality to make it need "solutions" like Lightning to allow banks to retain their parasitical control over the economy.

>> No.19141141

>>19141074
Seriously man, bitcoin isn't segwit. Nobody will ever argue that the segwit chain is at best a way to put transactions in a truck and drive them across town xD Bitcoin can do sub $0.01 transactions without fees being a problem.

>> No.19142233
File: 551 KB, 690x362, craig-wright-gets-caught-lying-about-being-satoshi-nakamoto-not-the-first-time.png [View same] [iqdb] [saucenao] [google]
19142233

>>19000000

>> No.19142253
File: 90 KB, 231x253, 1588208997144.png [View same] [iqdb] [saucenao] [google]
19142253

>>19142233
Oh shit, checked

>> No.19142675
File: 46 KB, 200x257, converted.png [View same] [iqdb] [saucenao] [google]
19142675

>>19142233
very impressive

>> No.19143037
File: 138 KB, 1100x1200, bitcoinhistory.jpg [View same] [iqdb] [saucenao] [google]
19143037

>>19139846
>bitcoin is the only trustless permissionless publicly auditable and secure byzantine fault tolerant distributed ledger in existence.
Ledger singular? There are currently three major branches, three distinct versions of history. Only one will win in the end, but you seem to prefer to pretend that the game is already over. Failure to hedge = you deserve to be poor.

>> No.19143454
File: 593 KB, 872x846, 1579849336008.png [View same] [iqdb] [saucenao] [google]
19143454

>>19142233
Very nice.

>> No.19143524

>>19142233
Idk if the filename is a masterful troll or if you're a retarded pajeet. By

>> No.19144639
File: 927 KB, 1440x2238, 1589690997804.jpg [View same] [iqdb] [saucenao] [google]
19144639

What did he mean by this?

>> No.19144793
File: 115 KB, 1010x608, DOZraZBXcAAM4Rz.jpg [View same] [iqdb] [saucenao] [google]
19144793

>>19144639
Why the fuck would Roger share that? Is he finally coming to his senses? I doubt it.

>> No.19145261

>>19144793

Clearly he has his ear to the grindstone

>> No.19146672
File: 8 KB, 400x400, BSV.png [View same] [iqdb] [saucenao] [google]
19146672

Hail to the king, baby.