“Anything but money!” -BTC and -BSV

I find it funny that the most two viscous chains, BTC and BSV, are the ones fighting BCH’s simple proposal of “be money, first”, and in doing so, they literally are committing suicide.

BTC is no longer Bitcoin: A peer to peer electronic cash; instead, it’s Bitcoin: A reimagined Network for the settlement of 2nd Layer activity. The median BTC transaction fee could easily go above a dollar per transaction, rendering it silly as a “cash substitute” network.

I walk in the smaller grocery stores here, and if you want to use a credit card, they charge you an extra $1 and that’s only if you’re buying say for $5 and above.

That’s because they’re charged an insane fee of $0.5 per transaction + 1.6-2.2% of the transaction depending on transaction size.

Imagine how idiotic it would be to replace what they have now (CC’s) with something more expensive, less reliable and still less accepted (BTC) than the counter part. Who in their right-mind would?

BTC is dead as a cash-like utility; and unless said merchants are willing to move from custodial credit cards to custodial lightning network, they’ll never see the same transaction costs, reliability, availability and security they’re used to with credit cards.

BTC is anything but money.

Then enter the CSW’s “settlement of considerations” token, BSV.

Now, CSW was a bit smarter than Blockstream (both are subzero comparisons though /s), and instead of just selling the settlement of Liquid and Lightning Network tokens, he wants to settle every type of consideration; he thinks Bitcoin isn’t money, but it can be made to be so, including Government tokens!

He believes fiats must be re-created on Bitcoin and they should have the same legitimacy current fiats have, and he supports a single private-client, permissioned mining and selective pruning as to cast out any unwanted players - criminals too, which is funny because by some government’s definition, CSW is a criminal, so does he cast himself out?

So BSV now has fiats, Metanet, ASCII image converters, Weather data, child porn and many dynamic and non-dynamic ways of accessing said child porn, and finally, a fuckton of patents and law-suits; but guess what is it not?

BSV is everything but money!

There you go; two camps fighting viscously against a very simple proposal and use-case.

We have satellites sending full blocks on one end of the spectrum 🛰 , BTC, and idiotic meme videos about metanet’s grandeur recreation of the internet on-chain, BSV.

Our simple and humble proposal here is that we continue what Satoshi started, and we focus on money and money first, BCH.

I’m banned from both rBitcoin and most SV subs for nothing but discussing facts such as what you read here.

Bitcoin is peer to peer electronic cash; it’s money, and Bitcoin doesn’t give a fuck if you agree or not.

Welcome to Bitcoin Cash, the middle of the middle of it all.

Written by: wisequote
Source: http://bit.ly/2Xrg3ZZ