Has BTC secured the win?
Post by twetch#3795
It’s an unsustainable model.
It will eventually be outcompeted by a more efficient, secure, and functional network.
What the chain says
- Block
- 666 284
- Time
- 2020-12-19T20:15:24Z
- Signer
- 1Kuzu6eq1YkDtBCgAk5LcjhviGGkW3xmHr
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#3795
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1Kuzu6eq1YkDtBCgAk5LcjhviGGkW3xmHr VerifiedReplies (4)
As is BSV currently.
If BSV fails at scaling, what's to stop the Federal Reserve from printing their way into total control?
One chain will gain mass adoption.
Capitalism will drive businesses to the most efficient and functional system, to outcompete each other. That’s the nature of the game.
It’s like saying “what if the internet fails”
Capitalism depends on honest competition.
BTC depends on honest competition (BSV) failing by whatever means possible.
BTC is not yet "too big to fail.." but it is big enough to effectively bribe away or suppress it's competition at little to no cost.
At this stage, my concern is not "what if the internet fails..."
My concern is, "what can happen if the launch of the internet is delayed 8+ years?"