You are applying bsv logic to the BTC ponzi. Nobody cares about the fees and nobody will try to use BTC as a data ledger.
Post by twetch#140
Oh we are always coming to a conclusion of different perspectives aren't we 🙂. Glad you're here to share your insights.
I see ahead utility taking over and utility creates demand that also spills over to more people considering saving new wealth on BSV.
What the chain says
- Block
- 666 441
- Time
- 2020-12-20T22:30:38Z
- Signer
- 1N6JkYce7svm8kMPzrZpwbKW9jsKoaXBL
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#140
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
1N6JkYce7svm8kMPzrZpwbKW9jsKoaXBL VerifiedReplies (4)
im glad we can talk too :)
however i've now accepted the value prop of the two bitcoins. They don't compete really.
and BTC is the one with the high number and hoards of plebs hodling. 🤷♂️
its kinda like comparing gold to copper piping
also what do you think of the 0 sat transactions?
from what i understand, all these "utility"/IOT apps will never interact using BSV. fees will be paid in fiat.
Where is the long term demand to hodl come from?
I see no problem with any free market activity, anyone can try & set the pricing they think is right, this will adjust, what’s more important is the foundation for a free market always exist; hence the protocol. Everything else is just value competition.
proselytizing