Tim Draper posted on X-Platform, saying that gold is dead and only bitcoin is useful. By “bitcoin,” he of course meant BTC.
Tim, please think about this more deeply. Consider your own example: If every person on Earth bought a cup of coffee, it would take about 40 years for the BTC blockchain to process them all.
What you are really referring to, unbeknownst to you, is not BTC, but the real Bitcoin according to Satoshi Vision (#BSV ).
BSV can already process all those transactions in about two hours, and could do it in seconds in the future.
Gold may be “dead,” but it is a reliable physical anchor that can be made alive using tokenization on a blockchain like BSV. (See “Gold is superior money, and tokenized gold is a superior currency” ).
But BTC is both dead and empty, promoted by a fake narrative of “digital gold” that is based on circular logic and predicated on people’s ignorance (see The Idea of “Digital Gold” — BTC’s Value Fundamentals)
No amount of propaganda and Layer-2 dressing can make something both dead and empty live and substantive.
BTC will always be a mere object of people’s belief (false faith), and never anything that is useful to people.
If you brush away BSV by an overheard assertion that it is “centralized”, please think beyond that.
BSV is the only blockchain that achieves the true decentralization vision by Satoshi.
There can be no true decentralization without a locked core protocol. There can be no true decentralization without unbounded scalability, because real P2P transactions can only be enabled by unbounded scalability (without such scalability, once P2P is a mere abstract notion, as unrealistic as your coffee example).
I don’t make these statements lightly. I wrote a book on it (http://bitandcoin.net), not to promote the coin but to tell people the truth.
You have always had a great vision, so please don’t be blinded by other people’s narratives or be entrenched by your early investment.
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