Even the discord bot is bullish
if you can't tell an asset is a 10x just from gut feeling alone you're ngmi
I think that people who just want to make small transactions can simply use keys as proof of ownership and forfeit legal protection. Those with significant holdings will definitely want to have notarized documents that legally prove they own certain coins.
Thanks for the explanation. So basically one would have to document that they currently own certain outputs/key pairs and have it notarized in order to get legal protection? I'd imagine not everyone is going to want to go through that process.
Also how does this "lawr" logic apply to coins that came from other types of locking scripts? How do you prove legal ownership of coins that you earned by solving a puzzle script, like a PoW puzzle script for example?
I understand that concept. My question is how does that specifically translate to ownership of transaction outputs/key pairs? What proof can you provide that you owned specific coins at a certain point in time?
OK, how do you prove that you were the original owner of a key pair? It would be easy to prove you own coins you bought from a regulated exchange, but what about coins that you earned from something like Twetch or were sent to you from a peer?
If Twetch migrated to another chain BSV would die within weeks, if not days.
If this post gets 21 likes, I will create a thread explaining how to import your Twetch wallet into ElectrumSV so you can view your Twetch transaction history.
BSV is just Bitcoin with no artificial limits.
