Post by twetch#2022

1AKHVi…MfPE Key · twetch

I don’t agree with Calvin Ayre that BSV and BTC don’t compete directly, there is a cost to the network being split (competition for users). I do agree that both BSV and BTC will grow in popularity in 2020.

In the long term there will be one clear winner.

What the chain says
Block
600 538
Time
2019-09-18T10:03:40Z
Signer
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#2022

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

Signed by 1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE Verified

Replies (3)

1AKHVi…MfPE Key · twetch
Replying to@1AKHVi…MfPE

Yes, its very bad for branding.

1AKHVi…MfPE Key · twetch
Replying to@1AKHVi…MfPE

I agree. Of course they are competitors.

Every transaction on another blockchain is a direct loss for SV chain.

1AKHVi…MfPE Key · twetch
Replying to@1AKHVi…MfPE

On the short term Calvin's mining operation is way bigger than BSV speculation market can provide with miners revenue. I think he is aware now that BSV can't be hostile to BTC in attempts to undermine it, but needs to outcompete it which will take time.