DerekTheBear Name and picture from twetch — not on-chain. The signature is; the profile is not.

15RXKym68UPVidKz3StFPCLUmDnVapPTMv

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15RXKy…PTMv Key · twetch
Reposted
Collin CTO 3.8y

I'm up 34 BSV trading on dxs.app.

If this post gets 34 branches I'll give someone 1 bsv.

Follow, branch and comment to qualify.

LFG 🚀

15RXKy…PTMv Key · twetch

Why not start with an order of magnitude, see how it plays out?

15RXKy…PTMv Key · twetch

As of right now, network effect and potential audience/market reach drastically outweigh your list of benefits, for creators.

Creators and users have a symbiosis, but which his cart and which is horse? I think we need to look to the historical growth of other social platforms when their models were brand new, and maybe find some answers. The question is, if we get a bunch of users/consumers over here just breaking even, does that bring more creators to drive higher content quality, and does the feedback loop of growth begin there? Or do creators come first and entice their audiences over?

15RXKy…PTMv Key · twetch

If you want to understand this kind of brain rot, I highly recommend The Righteous Mind by Johnathan Haidt. Humans are not rational by default, and most construct morality post hoc to rationalize what they feel should be OK. First principles are deadly important, and they are not taught anymore.

15RXKy…PTMv Key · twetch

Good point, but one of the next features twetch is working on is syncing your twitter history to your twetch account - if you post to twitter, it automatically posts to twetch. You will have two different audiences on the two platforms. If you ever get the axe from twitter, you will still have all of your content. Down the line the idea for BSV is an open social protocol. Think of pre-google monopolization of online ads, when internet forums were much more a thing.

One of the reasons social media took off is because so many forums got de--platformed through the google ad system, driving everyone to social media (this is the 2008 - 2012 forum era). There's a place for more specialized sub communities, and BSV social protocol makes that more sustainable from a revenue model than relying on a single ad provider tap that can be shut off if someone on your site does some bad-think.

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15RXKy…PTMv Key · twetch

Also, someone might just want to have a crack at seeing if they can be more than just a consumer. There's a pretty low barrier to entry here, and it will be lower as things scale up. You can 'have a go' at creating some content that will generate some revenue for $5 or something like that. The early adopters with the best stuff who build the biggest followings will do the best.

15RXKy…PTMv Key · twetch

You get to consume all the content for free (you don't have to pay to be here if you don't want to be here), but there is a cost to contribute. The costs will come down as the platform grows, too. But isn't it cool that if you just hit it viral once on this platform when it's big, you can get rewarded well for it?

15RXKy…PTMv Key · twetch

Only if they use him to take down the tether boys. The whole system is poison and a nuclear bomb waiting to go off until tether and bitfinex are purged.

15RXKy…PTMv Key · twetch

I don't, that's why I was asking. Is Centi's a tokenized swiss franc sitting in a bank account/ST instruments, running on top of BSV, or is it a floating franc conversion stablecoin using BSV as the native liquidity? Or another way? I think I read a while ago that they were working on getting it certified through the Swiss Banc as a legit remittance token, but it's been a good while.

I know DXS has been talking about some sort of stablecoin based on their liquidity pool, but I think they will just run into the same issues as all the other algo 'stablecoins' have been having over the long run.

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15RXKy…PTMv Key · twetch

What Biden really wanted was a Nuclear tyranny, but his dementia is catching up to him…

15RXKy…PTMv Key · twetch

Could be.

Could also unleash the hounds in a way we haven't seen before, and every exchange with a native token and running internal chains and their own stable coins or tethers gets absolutely rekt.

As they should.

15RXKy…PTMv Key · twetch

What is Centi doing with their stable?

15RXKy…PTMv Key · twetch

Wen TakeIt NFTs on Twetch Market?

15RXKy…PTMv Key · twetch

This might sound cheezy, but the only people I have known over my years to fundamentally change are people that became Christians - and even then not all. Most people don't change unless they completely break, or they get to it young enough.

15RXKy…PTMv Key · twetch

*free third party services

15RXKy…PTMv Key · twetch

What's the story with Relay and CAH? Is Jack even involved over there anymore?

15RXKy…PTMv Key · twetch

Anybody following what just happened with Nickel LME member going bust for $12B and the LME just canceling trades that were legit to bail out the member!?

This is some wild shit. #LME #commodities #finance #econ #nickel

15RXKy…PTMv Key · twetch

Welcome to Twetch @68796! Good to have you!

15RXKy…PTMv Key · twetch

Welcome newcomers!

I'll follow anybody who replies with a good reason why I should :)

15RXKy…PTMv Key · twetch

Let's go! Just followed!

15RXKy…PTMv Key · twetch

Sir, that does not go back nearly far enough in time. Any financial chart should at least be run back to the unpeg in '71 if possible when the financialize-all-the-things era started.

15RXKy…PTMv Key · twetch

The irony of facebooks undergound bunker of its own patents in all of this...

15RXKy…PTMv Key · twetch

Western governments overplayed their hands.

Sweeeeet.

15RXKy…PTMv Key · twetch

Are you me?

15RXKy…PTMv Key · twetch

Crypto lending is built on leverage and the [highly unnatural!!!] 4 year running Contago state of the crypto futures markets. Traders leverage into current positions, then sell long dated (short) Stay. Away. What happens when price < spread!?

15RXKy…PTMv Key · twetch

What are the other two besides Run?

15RXKy…PTMv Key · twetch

The #LightningNetwork is to #bitcoin as the decoupling of the #USDollar from #Gold was in 1971. It has already failed, will continue to fail, and #BTC will continue to be unusable in any practical sense. Some day fees will be $1,000.00+

15RXKy…PTMv Key · twetch

Want to crash the shitcoins? I triple dog dare everyone to get your exchange to wire transfer your USDTether to an actual bank account in USDs. And stop using Tether! It's vaporcoin.