If Amazon accepted BSV for payments, they would distribute new information to millions or billions of people that BSV is a worthwhile digital currency, and its value and utility would immediate shoot up.
Post by twetch#3375
Profits in bitcoin are new information.
What the chain says
- Block
- 635 515
- Time
- 2020-05-19T00:15:13Z
- Signer
- 1Abd9yJS6mrzMmj1Ni6kjQB9GqtyaNujrm
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#3375
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1Abd9yJS6mrzMmj1Ni6kjQB9GqtyaNujrm VerifiedReplies (5)
Lots of things are new information.
If Bezos decides digital currency X is a worthy currency for their platform, then the world has new, valuable information.
If Bezos adopted BSV it would have the effect of a massive BSV advertising campaign.
If Bezos profit-sought in BSV it would have a different kind of effect.
true for google as it is for facebook as it is for netflix
It might well pump the coin if Besos did that. I don't think pumping is sustained value though. Of course I don't mind if people want to pump but I'd rather focus on what I think is real value and work with people who are also focusing on that.
If a pump grows the network, and the coin has the correct technical fundamentals, then it will hasten that coin's general acceptance as a medium of exchange.