Post by twetch#622

1Abd9y…ujrm Key · twetch

No it isn't and that doesn't even make sense. How would you buy txs from a miner other than tx fees? Those are satoshis. It's especially bad if a miner are not profit-seeking in bitcoin because that miner doesn't need to maintain the network.

1Eyk15…d43C Key · twetch

"Free" tx on chain, with payment made off-chain. And in that case, I agree, the "need" isn't there, except that the only way to provide the service that's paid for is through the maintenance of the network... Many possibilities exist. Not all are equal.

What the chain says
Block
635 657
Time
2020-05-20T00:12:12Z
Signer
1Eyk15KEeYX9JwH8e98pqpX3kTUuY9d43C
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#622

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1Eyk15KEeYX9JwH8e98pqpX3kTUuY9d43C Verified

Replies (13)

1NPRov…9fVo Key · twetch
Replying to@1Eyk15…d43C

IMO any miner that profit seeks in fiat can be outcompeted by miners who profit seek in Bitcoin. The Bitcoin profit seeking miners can use certain strategies that give them a big advantage. Miners who profit seek in fiat don't really understand Bitcoin

1Eyk15…d43C Key · twetch
Replying to@1NPRov…9fVo

Profit seeking in fiat circumvents the need to buy BSV for those who don't yet have it. Do not be so quick to dismiss strategies. Think them through. Use your imagination.

1Abd9y…ujrm Key · twetch
Replying to@1Eyk15…d43C

They DO need to buy it.

1Eyk15…d43C Key · twetch
Replying to@1Abd9y…ujrm

Why? Because they need to have UTXOs to spend? Who says those have to be their UTXOs? Who says they can't be tokens? I see a lot of claims about what can't be done, but I can think of simple examples that contradict those claims.

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