The fact that some of the currency's "fundamental constants" have been tweaked to make it slightly better for certain situations does not change the fundamentals.
It's kind of like the multiplicative constants in algorithm complexity theory.
And while there are many other alt-coins that claim to have solved the scalability problem while remaining truly decentralized, I have yet to see one actually deliver.
I kick myself for loosing the BTC my friend and I mined back in '09 on CPU time when it truly was worthless. But I was a dumb college student at the time and was simply playing around with it for a few days. I wonder how many BTC were permanently lost in this period.
If you mined it once you get a hash. When you say you lost those coins you lost the hash to the account? When you mined in 2009 was the hash smaller than today? Is brute forcing possible?
https://en.wikipedia.org/wiki/Elliptic_Curve_Digital_Signatu...
I dare to insist it most certainly does. Anything is economically wothless unless there are people willing to participate in exchanging it.
If you actually attempt to assess fundamental value of Bitcoin based on anything comparable it’s value approaches zero. It’s pretty much worthless at anything it’s ever been positioned to achieve except crime and speculation.
Frankly it’s not even good at crime.
A bitcoin address gives you a unique global address decentralizated that funds can be sent to. There is utility to that function.
Using your description the internet is a magic place faeries built that provides no usefulness because it's virtual.
The internet provides utility. Bitcoin provides speculation and crime.
Bitcoin is the best performing asset of the past years compared to stocks, gold, commodities, etc.
>Bitcoin provides speculation and crime.
Everything valuable can become a tool, or a reason for criminal activity.
The rarity of owning some paper with ink on it!
Is there a Mimblewimble / Litecoin integration effort? If so, I'd sure love to learn more about it.
And if there isn't can you offer something in the way of a proof?
[1] https://litecoindotcom.medium.com/litecoin-mimblewimble-nove...
Please give me a min of yalls time.
My boss has been talking up Bitcoin SV to me for the past 2 years and he watches hours upon hours of podcast and YouTube videos (https://youtube.com/playlist?list=PLOqZWfHm-gzDyMoDGmPCJbBhg...) that playlist is what he showed me that he watched. Anyways, he sort has convinced me.. I’ve done a little research but I’m not familiar with it as y’all seem to be. Is there any hope in BSV? my avg is 169.xx and I just wonder if this thing he told me about BSV being the only one that can “scale up” or whatever that is.. anyway any comments/tips are appreciated. Happy New Year!
Also, if BSV had enough users to ever experience scaling, its network would be so centralized it would be like a new PayPal but with Craig's employer running the show. Not surprisingly, after 2 years this idea has not caught on at all and the value of BSV as a fraction of BTC continues to plunge to new lows.
My suggestion is to get out of this scam immediately and stop listening to your gullible boss.