News & Quotes

I don’t understand celebrating a tiny database & nodes…🤷‍♀️ I want peer-2-peer electronic cash. Scaling matters. Robin deLisser on LinkedIn Robin is right.  Scaling matters. Scaling isn’t a mere quantitative advantage in that more of the same stuff is done, but more importantly a qualitative advantage because it enables new things that couldn’t be done without the scale. See The Structural Impact of The Cost of Transaction (CoT). Regarding distributed computing, the decentralization of the… Read More »Bitcoin, decentralization and distributed computing

At the end of the COPA v. Wright trial on March 14, 2024, Judge Mellor made the following oral statement: I thank all the parties for their written closing and oral arguments, and they’ve been very helpful indeed. They will require me to prepare a fairly lengthy written judgment, which will be handed down in due course. And for all those who have already been hassling my clerk as to when the judgment will be… Read More »Judge’s declaration in COPA v. Wright

  In this post, Worldvest’s Garrett Krause shows admirable insights and steadfastness. The company made a move to tokenize gold on the Bitcoin SV blockchain. Tokenized gold is in itself a great move (see, for example, Gold is superior money, and tokenized gold is a superior currency). However, choosing the Bitcoin SV blockchain requires a different kind of knowledge. Very few can cut through the fog and thickets that currently exist in the cancerous crypto… Read More »Enterprises are starting to see the truth in blockchain

Six securities law scholars file amicus brief in support of Coinbase. This report says the amicus brief is ‘devastating’, meaning that is overwhelmingly powerful. But it is devastating in an entirely different way. The amicus brief is incredibly wrong, factually, legally and morally. The main argument of the amicus brief is that, according to the securities law, an ‘investment contract’ requires an expectation in the income, profits, or assets of a business, but because these… Read More »This amicus brief for Coinbase is so wrong

Joshua Hensley recently wrote, ‘BSV is correctly priced‘. If the large-scale utility promised by the real Bitcoin BSV never materializes, then I agree that BSV is correctly priced at present. But ‘correctly priced’ and ‘fairly priced’ are not the same thing. Measured by the fundamentals based on real utility, while BSV may be ‘correctly’ priced, other coins are overpriced by at least 1000 times collectively. There is a system working behind the crypto world. It… Read More »Is BSV correctly priced?

It seems that every time when BSV shows dominating transaction volumes, bitinfocharts.com is put in a very uncomfortable position. In fact, the trouble must be so great that they would remove BSV from the chart temporarily until the storm abates. What you see on bitinfocharts is a reflection of the whole crypto world’s mood about BSV. The crypto industry is a casino and a cartel The crypto industry is a casino, and casinos cannot tolerate… Read More »BSV’s surging transaction capacity is a pain to the crypto world