/biz/ - Business & Finance

I’m sorry but this is kind of stupid. No company is going to hand away their liquidity to prepay future bills.

>>14268179
This still doesnt solve scaling. Once more than 7tps are being added to the mempool someone is going to get left out. This is undeniable fact. I dont care how patient you are or how hard you lowball your fees. We just havent hit a sustained 7tps yet which is why BTC is able to get away with it. I really do think larger blocks would have been better. We could do both larger blocks and lightning network; they aren't mutually exclusive.

>>14268179
I dont want to spend my btc, I want to store my value in it. Nobody goes grocery shopping with gold coins either.

>>14268203
But companies are going to receive pre-payment from other companies as well so it's a zero sum game

>>14268208
Well the waiting time for transactions might get long but when it does that's a positive sign that adoption is taking off

>>14268245
You're right and thank you for helping to not fill up the mempool but some people are still going to try to spend Bitcoin even if they should be hodling so we need to figure out a way to optimise that, if that can't be done that it would be best to slowly reduce the blocksize to discourage spending and promote hodling

>>14268179
Nice b8 m8. Lots of summerfags in here.

>>14268245
>Retards still parrot the store of value meme

>>14268916
your chart ends where I bought and at which time you probably sold lmao.

can the devs at some point hard fork bitcoin to halt block halving?

>>14268245
except gold has actual real world applications in electronics and aerospace.

There is no scaling problem. Poorfags can just use whatever fiat scam is available to them. Or one of 1000s of shitcoin networks.

>>14268932
The chart shows that it actually matters more than anything else WHEN you get in and WHEN you cash out, meaning it's not a store of value.

Thank you so much for literally proving my point with your comment. BTC is an extremely volatile speculative vehicle, NOT a store of value by any measure.

>>14268956
thats why it shouldnt have a monetary premium, that is bitcoims job

>>14269160
I take this once in a millenium opportunity and am prepared to hold to zero. I ve been badmoithing btc from 2009 to 2018. no longer

>>14268179
thats literally the LN. Nice

>>14268245
>>14268376
This thread is a gold mine thank you op

>>14268179
>they can just pay a fine ($100-200 would be reasonable) to the person who booked their transaction for that block
anon, are you fucking retarded?

>>14269160

No one said it's a stablecoin retard. Zoom out.

>>14268179
Enjoy $0 btc

>>14268179
>What is Bitcoin(sv)?

>>14269579
What do you think "store of value" means brainlet? It doesn't mean lose 90% of your value today and gain 40% of your value tomorrow.

It means relative purchasing power persists over time. BTC is the total opposite of that.

I hate retards.

>>14268179
>What we need to do is book our transactions in advance, for example
OR we change 1 line of code and allow more transactions.

this image is almost 4 MB, check how long it takes you to download it and think about how many years into the future it would be before constant 4 MB blocks were even a thing

>>14269999
But 4MB decreases decentralization!
Bigger blocks = more centralized miners.
My Raspberry Pi should be able to participate in the network!

>>14269970
you fucking moron arr so stupid you deserve to stay poor.

its store of value not store of inflation adjusted usd value. fucking inflation numbers are the biggest scam in history to devalue every single productive human on this planet. fiat no longer is a means of exchange but of subtile slavery.
>t. unda 2 percent teehee

>>14268208
BTC doesn't need to scale. People that can't afford the decentralization of Bitcoin will use LN or shitcoins

>>14268179
or you just buy the real bitcoin (BSV)

>>14269999
>we change 1 line of code
doable only on centralized shitcoins

>>14270037
BCH*

solution to your scaling problem pic attached

>>14269160
No one's ever lost money holding BTC over a 3-5 year period. Zoom out you ADHD-riddled retard

>>14270094
You don't get to cherry pick the time period. Either it's a store of value or it's not.

The people who used Bitcoin as a "store of value" in the entire year of 2018 lost 60-90% of their money.

It's a speculative asset, the only thing it's storing is the immutable evidence that most people investing in it are gullible idiots.

>>14268179

the scaling problem is solved by increasing the block size

BSV is already doing 1.4 GB blocks on testnet and will have 2TB blocks by EOY 2020.

>>14268179
AHHHH STOP FUDDING MY BITCORN

>>14270061
Shuttup jew craig smokes weed with hebrews