/biz/ - Business & Finance

[Anonymous No.23424849]

So I went to a crypto meetup and of course, most of the attendees are younger people. We mostly talked about DeFi, Ethereum, and all the other cool tech projects emerging in this space.
Then, this 50+ year old fat guy came in and all he wanted to talk about was bsv. Some of the nicer people told him it's an obvious scam, but he wasn't convince and left after getting ridiculed several times.
What's up with this scam coin and boomers?

[Anonymous No.23424886]

>>23424849
Boomers are prone to sucking up all the Bullshit that Craig Fraudtoshi Wright spews out

[Anonymous No.23425054]

>>23424849

It's the same idiots that bought Cripple and OneCoin.

[Anonymous No.23425341]

>>23424849
you need above room temperature iq to understand bitcoin. those that don't albeit not destined to but can become cashies.
look at mccormack he is a certified imbecile and a bitcoin maxi...

[Anonymous No.23425365]

>>23424849
same reason Q is absolute boomer bait

[Anonymous No.23425502]

>>23424849
People don't want to believe that they missed out on BTC because it's a painful acknowledgement of a very costly error. So they cope by attaching themselves to coins like BSV and XRP that sell them well-crafted boomer-bait narratives that prey upon their examined, paranoid delusions and their refusal to intellectually wrestle with the technical material. To be fair, the technical stuff is complicated, but that should be a signal that you are in over your head if you can't grok it.

[Anonymous No.23425936]

BSV ia actually the original Bitcoin protocol. Blockstream/AXA hacked Bitcoin by funding Bitcoin Core. Segwit has crippled BTC. It will never scale and LN is shit and will never ever scale. BSV puts on more than 200.000 tx in a single block and keeps rising. It has the true utility and the fundamentals that segwit destroyed. Wait and see because on the long run, only those which has fundamentals will keep standing.
And those Core autists could dare to think they knew better than SN himself.

https://youtu.be/ATapuAYgEeI

[Anonymous No.23425968]

>>23424849
See above post

[Anonymous No.23426014]

>>23425936
>BSV ia actually the original Bitcoin protocol.
No it's actually not the original. You can still download the original code though.

[Anonymous No.23426053]

>>23425502
Actually most of BTCore fanboys doesn't know shit about what they're doing. If they understand 1 thing about bitcoiun is just the economics because of the Austrian school of economics. That's good but not enough to truly understand Bitcoin. Segshit is on the game by only 3 years.

BSV aka The original protocol is on and scaling already while the next BTCore bullrun will again be cut off by 50 usd fees.

[Anonymous No.23426111]

>>23426014
If u wanna get autistically purist, yeah, the software had updates since it's inception. But BSV is the only one designed as in the white paper.
Bitcoin was always meant to scale by big blocks. Just read satoshi's writing. Watch the video and ask me anything. I can link to sources.

[Anonymous No.23426115]

>>23424849
it's the pit bull syndrome
they want to be right and everyone else needs to be wrong

[Anonymous No.23426178]

>>23426111
can you show me the part of the white paper that says "shadders now puts an anti-bloat tool in the blockchain using a else if OPcode"

[Anonymous No.23426328]

>>23426178
White paper is not code specific, so I don't understand your point connecting code specs to it.
What's the problem with the anti-bloat?

[Anonymous No.23426528]

Daily reminder that one of the comments on this Nigerian magnet collecting board are going to have any effect on BitCoin either making it or not making it. Whether you believe that thing is BTC or BSV.
It's BSV though.

[Anonymous No.23426603]

>>23424849
fucking kek i hope this story is true

[Anonymous No.23426728]

OP code is ok
Ask Greg

[Anonymous No.23426746]

>>23424849
That fat boomer will be wealthy as fuck in a couple years.

[Anonymous No.23426762]

>>23426328
why not let it bloat?
didn't you guys want gigameg blocks?

[Anonymous No.23426840]

>>23426111
>Just read satoshi's writing
Satoshi said the block size could be raised incrementally. He also said that random data, such as weather data, wasn't for Bitcoin. It's a cash system, not a data dump.

[Anonymous No.23427010]

>>23426840

So you say 1mb block limit is cash system for whole world??

It doesnt metter for miners what type of data they processing. More data more fee for them.

Satoshi said “The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling.” – Satoshi Nakamoto (April 2009)

So Bitcoin could do 180 TPS in 2009!!

[Anonymous No.23427054]

>>23427010
>So you say 1mb block limit is cash system for whole world??
Never said that at all. I said that Satoshi spoke about the block size and said "it can be raised incrementally". He also said that Bitcoin was a cash system, not a data dump.

[Anonymous No.23427188]

>>23425502
All in on xmr, follow where the blackmarket goes kids. Empire bit the dust, only worthwhile exchanges are xmr only.. btc is beginning to show its age on marketplaces

[Anonymous No.23427434]

>>23427054

"The design supports a The design supports a tremendous variety of possible transaction types that I designed years ago. Escrow transactions, bonded contracts, third party arbitration, multi-party signature, etc. If Bitcoin catches on in a big way, these are things we'll want to explore in the future, but they all had to be designed at the beginning to make sure they would be possible later. that I designed years ago. Escrow transactions, bonded contracts, third party arbitration, multi-party signature, etc. If Bitcoin catches on in a big way, these are things we'll want to explore in the future, but they all had to be designed at the beginning to make sure they would be possible later."

"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime. Because of that, I wanted to design it to support every possible transaction type I could think of"

every possible transaction so dump data too :D

[Anonymous No.23427453]

>>23427434
>every possible transaction so dump data too :D
No

[Anonymous No.23427460]

>>23427054
"The design supports a tremendous variety of possible transaction types that I designed years ago. Escrow transactions, bonded contracts, third party arbitration, multi-party signature, etc. If Bitcoin catches on in a big way, these are things we'll want to explore in the future, but they all had to be designed at the beginning to make sure they would be possible later."

"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime. Because of that, I wanted to design it to support every possible transaction type I could think of"

every possible transaction so dump data too :D

[Anonymous No.23427610]

>>23426762
Doesn't mean block space doesn't have an economic cost nor that it shouldn't be managed. That's just a stupid point you made.

[Anonymous No.23427644]

>>23426840
Right about firsdt part. Wrong about the rest. Cash system is just it's first use. It's actually a data ledger. Which has a cash system inbuilt.

[Anonymous No.23427685]

>>23427460
That's correct. And as we live in the Data Age, everything will be on blkockchain, and istead of big corps collecting your data, you'll get paid for it, because you'll be able to sell it.

[Anonymous No.23427712]

>>23426053
you are the typical cashie brainlet that thinks he is a genius

[Anonymous No.23427760]

>>23427010
btc can do billions of transactions per second with those 1mb blocks
sv would need terabyte blocks for the same boast

[Anonymous No.23427768]

>>23427712
That doesn't even deserve a comeback, but since the thread is slow, I'll respond to it.

I don't think i'm genius, I think SN is a the fucking genius. And brailets are the Blockstream bitches at Core who think they understood better what bitcoin is to be than SN himself.

[Anonymous No.23427798]

>>23427644
wrong af but what could one expect from cashies... the only data the bitcoin protocol can verify is the transaction data everything else is unverifiable garbage.

[Anonymous No.23427807]

>>23427760
That's simply not true. LN will never scale, and is a shit desing of a network.

Also should point you're talking sidechain scale, while BSV scales ONchain. Lastly, terabyte blocks are no problem and are coming next year already.

[Anonymous No.23427836]

>>23427807
>That's simply not true.
yeah math will not work if you disagree with it im sure

[Anonymous No.23427851]

>>23427798
You don't get how cryptography works, do u? What is stopping anyone to upload they're own encrypted data on the blockchain and selling it's key/access?

That's completely verifiable. even better, it has a historic record of the data.

[Anonymous No.23427865]

>>23427610
the point that you're missing here, and that shadders knows about, is that sync time cannot pass the 10minute block time
of course, your whole narrative goes against this on marketing, while shadders tries hopelessly to mitigate it
but you didn't know that, because you have NEVER in your entire life opened the bsv codebase to see the absolute shitshow that it is

[Anonymous No.23427867]

>>23427807
its funny tho you sv cucks can't seem sustain larger blocks than btc with its segwit extension on average

[Anonymous No.23427885]

>>23427807
>terabyte blocks are no problem
you have no idea what a terrabyte block would do to your chain
it's so fucking ridiculous to read this, you are a tech illiterate retard spouting the dumbest fucking garbage ever
if only you knew the level of stupidity of what you just said

[Anonymous No.23427890]

>>23427836
MAth will work and that's what will kill LN. game Theory more specifically, since the incentives that LN has are shit, and not pro-network. It will be put down, easily, whenever a resourceful attacker wants.

Hubs can't even come and go on the network without spending huge sums of fees to clear the channels. And that's not even talking about trhe relay problem, which is not mathmatically solvable, specially when the network comes to huge size as BSV will. Scaling has to be onchain

[Anonymous No.23427942]

>>23427865
10 minutes is more than enough for any miner to sync the block. Actually new blocks hit 98% of miners in less than 5sec. Your argument is nonsense.

[Anonymous No.23427998]

>>23427885
Right now they could do it. But no miner would accept one of those as of today. But that's just completely circumstancial, the poijnt you're avoiding to make.
After teranode softwares come in, that will be just a NO Problem and any miner that wants to accept huge sums of fees for their storage space will take it.
Meanwhile BTCore cucks will have to subside on subsidy forever and desincentivize ffes on their own network like shameless cucks.

[Anonymous No.23428063]

BSV can use 2nd layer too.

[Anonymous No.23428085]

>>23428063
that's a point we didn't even had to make, since that's know since 2009.

[Anonymous No.23428133]

>>23428063
>goals

who needs 2nd layer if first is not congested. KEK

[Anonymous No.23428138]

>>23424849
>See fresh BSV FUD on /biz/
>>Hmmm, must be salty about the price going up
>Check cryptowatch
Like pottery
>>23425502
>Hurr durr if you support big blocks you don't le grok bitcoin
t. Greg

[Anonymous No.23428169]

>>23426528
Based

[Anonymous No.23428193]

>>23425936
>BSV ia actually the original Bitcoin protocol. Blockstream/AXA hacked Bitcoin by funding Bitcoin Core.
You are the original faggot.

[Anonymous No.23428213]

Just sit relax and watch why they choose BSV and not ETH or Hyperledger

https://www.youtube.com/watch?v=-kdd17GlHcs

[Anonymous No.23428606]

>>23424849
Humans evolved to think in terms of characters with agency. Craig Wright exploits people who rely on that intuitive mechanism because they're otherwise incompetent. As if they're trying to advertise their incompetence they point at useless toys that could have been made by children in 2013 as examples of significant development accomplishments.

[Anonymous No.23428808]

>>23428606

[Anonymous No.23428841]

>>23426053
>the next BTCore bullrun
at least you admit that its happening and you'll be stuck with a shit coin

[Anonymous No.23428972]

>>23428841
I've seen lot's of them. They only really start after the last ATH is broken, newbie.

[Anonymous No.23429049]

Blockstream just brainwash you guys.
Bitcoin can scale and BSV show it.

Fuck Blockstream FUD

[Anonymous No.23429161]

imagine not being balls deep in BSV in 2020.

[Anonymous No.23429586]

>>23429049
This thread went awfully silent once this was posted hmmmmm

[Anonymous No.23429605]

>>23429049
>>23429586
Looks fake but also based

[Anonymous No.23429710]

>>23429049
>do not mention BONDED courier
What happened to the courier? Eaten by deathclaws?

[Anonymous No.23429748]

>>23429710
It arrived, didn't you see the courtlistener

[Anonymous No.23429754]

>>23429605
I’m thinking if it was fake it wouldn’t have shaked out the anti bsvers from this thread

[Anonymous No.23429799]

>>23429754
How real it is couldn't have had any bearing on the impact it had on people in this thread, because presumably they can't verify if it's real either

[Anonymous No.23429886]

>>23429049
If this was fake and Blockstream wasn't ill intentioned, they would give up control of the r/bsv subreddit, but we know it's real and they are malicious actors in the space

[Anonymous No.23429951]

>>23429799
>verify
You can use your judgement. You're both showing that you basically have none. The BSVtard that wrote on that whiteboard thinks the world works like a cartoon. Imagine the supposed thought pattern of someone sincerely stating the goal of a presumably profit motivated group is to "lie but continue to get support" and "stunt on the plebs".

[Anonymous No.23430011]

>>23429886
It's obvious blockstream is ill-intentioned, but that is not causally related to the fakeness of that whiteboard pic, and it is strange how you entangle those together

[Anonymous No.23430018]

>>23429886
You are correct. Henry de Castries is the clue I leave here.

[Anonymous No.23430200]

>>23430018
what's the relevance?

[Anonymous No.23430225]

>>23430200
AXA CEO at the time. Also hosted 2 Bilderberg meetings.

[Anonymous No.23430685]

>>23429049
what am I looking at?

[Anonymous No.23431451]

>>23429049

Wat is this from?

[Anonymous No.23431937]

>>23429049
lmao blockstream is scared as fuck.

[Anonymous No.23432082]

>>23425936
>BSV ia actually the original Bitcoin protocol. Blockstream/AXA hacked Bitcoin by funding Bitcoin Core. Segwit has crippled BTC. It will never scale and LN is shit and will never ever scale. BSV puts on more than 200.000 tx in a single block and keeps rising. It has the true utility and the fundamentals that segwit destroyed. Wait and see because on the long run, only those which has fundamentals will keep standing.
>And those Core autists could dare to think they knew better than SN himself.
>https://youtu.be/ATapuAYgEeI
Ma fucking nigger

[Anonymous No.23432820]

>>23431937
facts

[Anonymous No.23432838]

>>23430685
blockstream kunts making up lies about bsv

[Anonymous No.23432987]

>>23432838

DESU, it seems too good to be true that they would have all their plans and co-conspirators neatly written out on a whiteboard. Has this been posted on twatter yet?

[Anonymous No.23433085]

why bsv boomers care so much about satoshis wp? bitcoin obviously is much more, it's the network and people behind it. who cares about an outdated document from 10 years ago? are they retarded?

[Anonymous No.23433111]

>>23429049
i took this photo in my basement actually

[Anonymous No.23433173]

>>23433085
>#WeAreAllSatoshi

[Anonymous No.23433286]

>>23424849
>went to a crypto convention
>everyone is young/interested in shitcoins/obviously poor
>one boomer comes in and tries to help
>ridicule him until he leaves
>boomer was worth more than every zoomer in the room combined

[Anonymous No.23433311]

>>23429049
Glowing

[Anonymous No.23433327]

>>23433173
cope