Peck by twetch#6758

1DbsTQ…g52D Key · twetch

Not to rain on anyone's parade here but there is a core assumption at the core of Bitcoin which undermines everything about self sovereignty and data ownership. You do not own your data, you have control over it; but BitcoinSV owns your data in perpetuity.

What the chain says

Transaction: 977453f96f073282c993a8f3857ae85e4c0f699fe9e4160428c8e2e972171924
Block: 622 186
Time: 2020-02-15T13:07:41Z
Signer: 1DbsTQmZf7SNxr4J85VSmFg9wribatg52D
App: twetch
Type: post
Content type: text/plain
Name in tx: twetch#6758

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

Signed by 1DbsTQmZf7SNxr4J85VSmFg9wribatg52D Verified

Replies (3)

twetch#6758 6.7y

1DbsTQ…g52D Key · twetch

Replying to@1DbsTQ…g52D

There's a simple solution to this from what I can see. Every entity has their own 'bitcoin'. That way so long as you maintain control over 51% of the coins its a really neat analogue of corporations IRL, you can publicly trade the rest & value your input.

twetch#6758 6.7y

1DbsTQ…g52D Key · twetch

Replying to@1DbsTQ…g52D

Also in terms of the actual network topology, you'd actually be able to model the connections between peoples chains throughout time. Maybe we could even model a level of determinism and coalescence of memes before they happen.

twetch#6758 6.7y

1DbsTQ…g52D Key · twetch

Replying to@1DbsTQ…g52D

Taking this idea further, if you were incentivised to mine your own coin you would want to pull in as much compute as possible to increase the value of your work. Also 3rd party interactions would contribute to that making micro-compute like an investment.

Post by twetch#6758

Replies (3)