Post by twetch#622

1Eyk15…d43C Key · twetch

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.

What the chain says
Block
635 665
Time
2020-05-20T00:50:49Z
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 (9)

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

Consider this use case: I am buying a house. It is listed on chain. I have no BSV. I pay in fiat to have the transaction made, and the record updated. I am now tied into the BSV economy, yet I have paid no BSV to anyone.

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

I think there are legitimate, valuable, BSV economy improving use cases that work outside of the confines of the mental constructs many are encasing themselves within...

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

There has to be a double coincidence of wants for a transaction to happen. What did someone want with fiat?

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

Do miners typically pay for electricity in fiat, or Bitcoin?

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

Why does the power plant want fiat?

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

Because there is on reason for anyone to want dollars. Thus if they have dollars, they have nothing to offer us.

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

Hmm... I'm not convinced by your dismissal of the dollar as being without any value.