Post by Hudson

Unverified · twetch

But the market doesn’t buy it. Anyone willing to learn about BSV has to tune out market price swings in the first place. That’s incredibly hard. We’re fortunate to cross paths on Twetch. The world is far too impetuous.

1LoNCh…u5Po Unverified · twetch

agree market doesn't buy it. in many ways bitcoin will disrupt the market so there are forces pushing back. win by just using it. it is quite hard losing money I certainly have on bsv but on the other hand I never thought I would be able to get the opportunity to get it so cheap.

can you buy bitcoin direct where you are? in Britain I have to buy some other coin then swap it for Bitcoin annoys me

What the chain says
Block
959 688
Time
2026-07-27T13:24:05Z
Signer
1LoNCh8g7W1s2g5FR23HrLT5vF68hmu5Po
App
twetch
Type
reply
Content type
text/markdown

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

Signed by 1LoNCh8g7W1s2g5FR23HrLT5vF68hmu5Po Unverified

Replies (7)

Unverified · twetch
Replying to@1LoNCh…u5Po

At the current price, there is indeed no risk of loss, and regular fixed investment is a relatively sound strategy. In China, holding or purchasing any virtual currency is illegal, while the sale of virtual currencies constitutes a serious illegal act. You are fortunate to be in the UK, as it is quite difficult to buy virtual currencies in China.

1LoNCh…u5Po Unverified · twetch
Replying to@1Q8qFx…4hpU

so how do you use twetch then just with the free sats given? or are you outside of china? in a way I understand the ban most of the currencies are scams.

Unverified · twetch
Replying to@1LoNCh…u5Po

No, I am located within China. I first downloaded Bitget using an American Apple ID. Bitget supports KYC verification for users based in China and also trades BSV. Most of the BSV I purchased is stored in my own ElectrumSV wallet. China's ban on virtual currencies is quite intriguing, and I plan to write an article later regarding China's stance on virtual currencies.

1LoNCh…u5Po Unverified · twetch
Replying to@1Q8qFx…4hpU

you should write one. it can be used for good hopefully you can push back against the ban.

Continue thread →
Unverified · twetch
Replying to@1LoNCh…u5Po

Contrary to popular belief, the Chinese government has never held consistent aversion toward Bitcoin. On the contrary, China maintained an open attitude at the very beginning. Little known to many people, most Bitcoin mining farms and trading exchanges in the early days were located within China, and most trading volume was generated domestically. Back then, the Chinese government adopted a friendly stance toward Bitcoin, offering technological support and encouraging relevant entrepreneurship.

Unverified · twetch
Replying to@1LoNCh…u5Po

I was very lucky and didn't lose much money. I first learned about Bitcoin in 2025, read its whitepaper, and soon found out about BSV. However, I only hold a small amount since I had just graduated and lacked sufficient funds to make large purchases. My average holding cost is 16 USD.