/biz/ - Business & Finance

Absolutely based and stiffed

We are watching the birth of a new era. The genesis of a new century, if you will. And it only has 3k YouTube views.

It's insane how much money we will make once people actually catch on

Alright. So, first of all, what's this about. Anyone know their manga?

We have the genesis of a new century. So, that's what that's about. This is genesis of a new century.

>>11806036
>>11806149

Based hashwar/market crash themes

Alright. So, first of all, what's this about. Anyone know their manga?

We have the genesis of a new century. So, that's what that's about. This is genesis of a new century.

>>11780034

Segregated Witness, typical problem right now in this bloody industry. Scientific method: it doesn't exist. We just tell people, "this is what you're going to do." When you want a scientific process, you come up with an idea and then you test it.

Removing incentives. What incentive is there to be a miner of a little bit of a shitcoin settlement for everything else when you're getting money from everyone?

How does Coke make money sugar water? They do it because volume. They don't make huge profit because charging you 99% of the can. They make a fraction of a cent on every can, but they sell a lot. Miners what to make money, then velocity matters. Velocity of money scales the price. If you increase use, you double right now bitcoin, and velocity formula tells you that you 2 times .94 with the inflationary amount times the value.

If you scale 100 times, price from velocity alone increases 94 times. What miner will not take a hundred times the block size if they one hundred times the fees? Any miner here [want to] say, "piss off, I don't want a hundred times the amount of value from bitcoin"? No? Ok.

Overall, every time we split into sidechains, we take away a little bit about what secures the network. Every time we do that, it becomes less secure. Every time we create an altcoin, less secure. Every competing option that takes something from the overall network makes this one, once in a lifetime, once in any part of history, experiment less viable.