What is necessary for Bitcoin to have mass adoption? What is the true value of Bitcoin? The answer: People and businesses have to use the system and the base formula for the intrinsic value of any income producing asset is (VIR) Value = Income / Rate. All of capitalism operates on this formula.
Ultimately all ‘cryptocurrencies’ will have to address this basic equation or go into oblivion. Miners and validators need rewards and fees or they are gone. Mining rewards are halving and transaction fees are high. People and businesses, merchants and customers need ease of use and reasonable fees or they won’t use the system and will go somewhere else. Transaction times are slow and transaction fees are high.
Lower Fees require Scale allowing more transactions at lower cost with greater income. Scale allows utility were businesses can invest and build systems that generate more transactions generating more fees and greater income. Utility creates diversity gene...
ABC/BU and friends can keep mental masturbating about Bitcoin Protocol changes. While planning for next 3 years. #nChain is planning Metanet and for the next ~ 20 years. #BitcoinSV#ChooseSV#BSV
BCH up 24%. Leaving BSV behind. Goodbye BSV and LTC.
I wish you all the best. IMO #BitcoinSV will be the one standing as the major one. The business proposition is simply to good for legal businesses around the world to ignore it.
Wake up sleepy heads. Time to join the real world. Can't you smell the bacon? Come on get up its a sunny spring day. You must have stayed up late with your fiends. Get up let's go. Time to start that new job with #bitcoinSV It's spring time!
Subject: Application of FinCEN’s Regulations to Certain Business Models Involving Convertible Virtual Currencies chrome-extension://oemmndcbldboiebfnladdacbdfmadadm/https://bico.media/1f8e0c5f47b470f3df0f06f3d2939adccc1f2b7dafa0b4a32a69663cda2c6760.pdf
simply cash From now on, simply cash only support #BitcoinSV#BSV. Please split your coins before using this wallet, as there is no replay protection at the moment. Android: simply.cash/android iOS: simply.cash/ios