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I think that all of Bitcoin's superpowers are so new to the world that it's hard for them to wrap their heads around them. That problem is exacerbated by the fact that BTCers and BCHers hyper-focus on very limited use cases. Bitcoin has lots of use cases.

Then people will be making their own tokens for whatever they want. People will trade them at their own risk obviously..risks dependent mostly on the backing infrastructure of the tokens.

So a clever thing to do would be is to generalize a token protocol such that a new token would simply be a new seed for the same basic token protocol. Then have a great wallet that can handle the new tokens.

I'm done brainstorming. If I could get Peter Schiff to talk to me, I might be able to get him to manage our gold for our gold token. But he seems to hate Bitcoin. I'm thinking of bribing him by calling it Schiff Token.

I think Gold needs to be the first thing tokenized. Our first step would be to find an organization to 1. take custody, 2. audit the QTY of the gold we buy, and 3. verify one to one QTY gold syncs with the QTY of issued tokens (on a regular basis).

BSV is more than capable of tokenizing things that can then be traded directly in wallets or on exchanges. Of course with exchanges there is always a danger of them creating a fractional reserve.

Tokens could be the key to wide scale adoption of Bitcoin because they provide the stability that current digital assets, such as Bitcoin lacks. Ironically stability can arise from instability.

My weird brain came up with the idea of creating a stable coin, called the Metabuck that could be pegged to the most stable currency that humans have. And it would be easy to switch the peg.

There are 3 ways to basically boot a stable coin. 1. Sell tokens for a big stack of something 2. Find a reputable organization liable/responsible for redemption , or 3. On demand issuing. All ways require regular audits for qty. Am I right?

The primary benefit of tokens is that they convert an item that is inconvenient to physically trade into a digital asset that is easy to trade or transfer.

Would you guys be interested in creating the world's best stable coin?

Bitcoin will be as valuable as it can be when its utility is maximized. At which point, its price is bound to go up as people buy it and use it. Currently it needs to scale. And the ways that it is used must be refined and optimized.

Stabilization of Bitcoin as money will mean a steady increase of its price in fiat terms simply because it is almost an economic law that fiat steadily loses its buying power.

Humans have been so beaten down by using crappy fiat money, that not wanting your money to lose buying power masquerades as profit seeking. You earn money but if you just "save" it, then it loses its buying power rather quickly.

All monies are competing to be the reserve currency of the world. Nonetheless governments choose to tax people in money they can debase, so don't expect fiat to go away any time soon.

Understanding that monies are competing to be the reserve currency, you will want to have plenty of the best money.

People don't realize the importance of tokenization. In general, all the things out there won't scale without introducing a lot of bad security. Eventually they will need to be tokenized on BSV or fail. I expect USDC to be on BSV at some point.

Tokenization is the low hanging fruit for BSV with its low fees. If you had a million ounces of silver, it would allow trading of it without ever moving it. That's incredibly powerful since storing and moving silver is even more difficult than gold.

I'm not anti-CSW. I am indifferent. But as someone who is also "on the spectrum", I believe he can be much better at not giving his enemies ammo. Dealing with enemies is a tax on what is already a short life.

USDC should be on BSV, not Etherium. I guess they'll discover that soon enough.

I don't care about Craig Wright. BSV has taken Bitcoin in a direction that bitcoin has a better chance of surviving. BTCers have accepted false limits. So BTC is on borrowed time.

The essence of Bitcoin is that it solves the Byzantine General's Problem for anything whatsoever. Anything else, and all bets are off.

This is me taking religion out of Bitcoin.

I'm a fan of Unwriter's work. But honestly his solutions work with the infrastructure we have now. Since his work deals with the read side of Bitcoin, there is a strong possibility that the Teranode project will break a lot of his work.

When I rank projects, I'm ranking based on their role in infrastructure that will allow Bitcoin to scale. It's not all about transaction throughput.

I apologize if it seems like I have undervalued Unwriter's contributions to Bitcoin. That was not my intention. His work will certainly will influence the technical standards committee. How could he not be a huge part of that?

The fifth most important project in BSV is Twetch. You can count on Twetch to implement the best features of Bitcoin / Metanet. It is amazingly important to be able to showcase what Bitcoin can do.

The fourth most important BSV project is RelayX. Though Moneybutton is important, RelayX is trying to make conversion from one token to another transparent to the end user. End users should not have to think about BSV.

The third most important project of Bitcoin is Tokenized. You may think they've taken their sweet ass time, but tokenizing real world things is hugely important. Think about if gold was tokenized successfully.. It would guarantee BSV's success.

Youngsters don't understand what is so great about Gold. But banks are now hoarding gold. And gold has always been the SHTF money. So no need to understand..accept based on empirical evidence and infer it would be epic to tokenize it successfully.

It seems like the cash use case is weak because there are players that offer remittance services on the cheap. But it is still a very strong use case because there's no widely used international money except the doomed USD. Teranode!!!