Short tail hedging and Hyper Bitcoinization

[Anonymous No.52817231]

Maybe some of you here can help me understand this more.

Currently there exists an idea that there is an existential threat to
BTC in the form of BSV. Meaning that there is a possability, at some point in the future, that miners could eventually switch from mining BTC to BSV.

I want to discuss, what factors could influence this event. There are certain mechanisms generally speaking that could effect this shift, including:
- Miner profitability
- demand for on chain services
- demand of microtransactions

These things may very well have an effect however I still remain skeptical that it could result in what SV'ers claim would lead to "Hyper-Bitcoinization". I am fully open to the concept however was wondering if anyone had a more nuanced view?

I don't hold any BSV, however I am open to the idea of putting 5% of my portfolio to hedge against short tail risk.

[Anonymous No.52817269]

BSV is a scam coin

[Anonymous No.52817271]

>>52817231
>hyper bitcoinization
>a more nuanced view
What a load of horseshit, there's your nuanced view

[Anonymous No.52817308]

I would also like to add that the collapse of the BSV futures and future closure of Bittrex futures increases this probablity.

Also please dont mention Craig his "patents" or conspiracy theories. I am purley interested in this from an economic perspective.

[Anonymous No.52817379]

>>52817231
It's already more profitable by a small margin to mine on BSV

[Anonymous No.52817413]

>>52817231
and WAY more transactions
https://bsvdata.com/applications

[Anonymous No.52817417]

>>52817231
and demand on microtransactions

[Anonymous No.52819506]

We are able to do over 100 K now every second.
Next year will be in the millions.
A transaction can be one Sat.
That is base layer.

There is no Lightning layer. A layer by definition must be within a transaction. To say lightning is a layer is dishonest or ignorant.

https://twitter.com/Dr_CSWright/status/1601163175424294913