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Livestock money could be traced (animals marked by owner). Gold and silver could not. Yet, the latter won; traceability as theft prevention is not that big of a deal. Other costs are more important when determining the money of the future.
When BTC bloodbath?
How money works: from many, one.
How the Bitcoin code base works: from one, many.
Now combine these two. Any strategy deviating from extreme selectivity (~maximalism), will punish your wealth exponentially with deviation.
Example: Litecoin was created with no cost, only a few parameters were tweaked. Any diversifying strategy quickly becomes an attack surface, by definition.
Thanks for this article, @2956. More people in Bitcoin ought to act in self interest, not sacrifice for strangers. Perhaps we'll observe same phenomenon soon when ABC forks.
I'm curious to observe the way BSV attempts scaling, and all the potential known and unknown trade-offs involved. Still, thought this was interesting:
No lockdowns, no masks. The 'new normal' is a scam.
Weird thing for him to say. He has everything to gain from Twetch becoming popular, according to his theory of how Bitcoin works.
Sounds like you, sir, have differential knowledge. Happy profit seeking!
"Antlers are only corellated with fitness, they don't prove that you are fit", sounds like something a Less Fit Male would say.
It was a joke, you actual numpty.