If BSV was artificially worth $45,000 Tethers like BTC, that single block would have earned the miner over $750,000 USD.
Jack Dorsey is going to convert twitter to LN and suck all the value out of BTC mining as his personal node handles all the LN tx.
🔜
https://twetch.app/t/43fc8f036728dc907dec9b1b07d663b24a8820be910e301b816ea8b43ad1f92d
d a v i d Name and picture from twetch — not on-chain. The signature is; the profile is not.
15AMMcYyWaje9wV4kCvdhzfrUbNM9TeM5W
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https://twitter.com/lopp/status/1426560160005246976
/trolltoll @lopp $69
Matthew 26-28
At the last supper, Jesus gives bread “this my body”, gives wine “this is my blood”.
This is the covenant, if you need a symbol, a guide, a shepherd, an icon, hope… you can use his example.
The sacred heart, the way.
Law of nature over man.
@4 was right about moneybutton.
The attacks on BSV correspond with the sudden influx of massive blocks. This timing is why you know this is a desperate COPA measure to PoSM BSV and keep the news negative to cloud the announcements of massive blocks, massive miner fees & true scaling.
The higher the BTC price goes, the worse it is for Tethers redemption abilities. They are running a massively flooded fractional reserve deeply underwater. The market has no fiat exit. The tokens have no scalability or utility. It's a huge issue for COPA.
When Jack Dorsey announces BTC is now LN & his central bank node is pushing the majority of LN payments, the attacks that will occur on LN will be a lot more damaging than what they are trying on BSV.
PoSM attacks on BSV will blowback very hard on them.
BSV has no choice but to plow ahead, keep scaling, keep improving, getting stronger & more resilient. It will become completely separated from the 'crypto' markets. It will look dead just before it's ready. It will get darkest before the dawn
Phoenix.
BTC & LN celebrate Jack Dorsey who's claim to fame is running the worlds most draconian censorship platform.
That's the 3rd party who will centralise their payments in LN. That's who they are trusting to keep their money flowing freely.
Greed blinds.
These attacks are from COPA groups who want to purge BSV out of the remaining exchanges for PoSM. They are desperate. BTC main buyers during these pumps are the same billionaires trying to corner the market to become the new LN central bankers.
One of the biggest collapses in society might be lack of foresight.
People have become accustomed to thinking "all is well" based on single steps, rather than seeing the entire journey & all possibilities in advance.
Critical thinking is now an art form.
Prepare for a dystopian hellscape.
Work towards an enlightened renaissance.
Only POW miners can be taxed for all the resources they will require to operate - Gov loves that! PoS and LN will generate nothing for the state, especially if it can remain anonymous for those with the skills to hide their node locations.
It's true in a sense, if BSV was ONLY about moving money around then the fee model it has is unsustainable. They don't understand BSV isn't trying to be only a money channel because they don't understand BTC has been crippled to only be a money channel.
Only POW miners can be taxed for all the resources they will require to operate - Gov loves that! PoS and LN will generate nothing for the state, especially if it can remain anonymous for those with the skills to hide their node locations.
Poverty is making a huge comeback worldwide in many areas of life from food, health, mental status, spirit, safety, sovereignty, education, job security…
The levels of poverty are rapidly increasing worldwide so playing this game of ‘you all must wait until i’m ready’ is a sink hole towards his own self-goals.
There will be nothing left by the time he has perfected his machine to save the world.
BSV is 51% attacked because it doesn't need a fiat value to still be useful & important technology.
It's a slow ramp towards value but the attacks only work while TAAL keeps building the network to it's true scale. Then other miners join in.
🐢 VS 🐇
BTC isn't decentralized & has already been captured, that's why they don't attack it.
All BTC has is a lot of listening nodes. Mining nodes won't stay on if the value collapses. If it's fiat value collapses, it's useless tech.
It's centralized by Tether.
Up until 1912, Olympic 🥇Gold Medals were made of solid gold.
1900 Paris Gold medal was 56g.
In 1996, U.S. athletes earned 💵$25,000 for a gold win. It was taxed by the govt as income earned abroad. 😭
Kazakhstan gave each of its gold medalists $250,000 🤑
Up until 1912, Olympic 🥇Gold Medals were made of solid gold.
1900 Paris Gold medal was 56g.
U.S. athletes earn 💵$25,000 for winning gold. It’s taxed by the government as income earned abroad. 😭
Kazakhstan gives each of its gold medalists $250,000 🤑
Gold is 556 grams in weight. 550 Silver + 6 gold.
Silver is 550 grams of silver.
Bronze is 550 grams total weight.
Less than 20 Troy oz in silver in Gold & Silver medals:
About $500 USD in AG.
6g gold plate $340.
Bronze is about $5 USD of copper.
Metal Content of the Olympic medals at Tokyo 2020(1):
🥇Gold: more than 6 grams of gold plating on pure silver
🥈Silver: pure silver
🥉Bronze: red brass (95% copper and 5% zinc)
https://olympics.com/tokyo-2020/en/games/olympics-medals-design/
The re-org attack is a costly way to make headlines in Crypto media.
It will only make BSV stronger unless TAAL fold.
It will only give BSV more ability to argue it’s case in the eyes of Gov & law.
Proof of Social media is increasingly costly to signal.
The re-orgs are attacking what is perceived to be BSVs main weakness - its hash. It’s desperation, low ammo⚠️, weak tactics. The attack method is less affective & more costly if BSV increase hash. What will do that? billions of transactions & micro-fees.
The re-org attacks prove that when BSV gain more hash due to the fee rewards it will provide miners (inevitable), that it's basically unstoppable at that point. It's detractors understand this as they stare down the barrel of Tether☠️ & new crypto laws.
Who is attacking/testing the resilience of the BSV network?
/poll [One of Gregs alter-egos?,One of Cregs alter-egos?]
Don’t worry! There’ll be a blog post soon referencing an obscure 1800’s law he read recently that will surely put the attackers in their place. No need to move coins or sign messages!
It was a pretty genius move to convince people this was all about creating tokens that are pegged to fiat profits rather than build apps and systems on top of a set in stone protocol.
Easy come, easy go.