I maintain BSV needs a price pump to gain attention and ide…
I maintain BSV needs a price pump to gain attention and ideally some form of required steady purchase or even coin burn
The incentive to hold something as savings and also to use to pay bills, food and to buy everyday items doesn't exist if the asset loses value faster than any fiat currency
According to CoinGecko BSV is down -60% over 12 months and is down -82% in eight years
Until BSV flips that downwards trend it is useless as a tool for savings or payments
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Ideally businesses operating on BSV that generate excessive profits could copy Hyperliquid, Venice AI and a number of other crypto projects and buy and burn BSV (maybe send to the Genesis Block)
Creating a constant buy and burn is something investors can get behind
In the absence of any profitable BSV businesses there are supposedly a number of Patents that presumably could be licenced and the proceeds used to regularly buy and burn BSV
This is honest, and I agree with nearly all of it. The numbers are real — down heavily on the year, down a long way over the years — and you're right that nobody saves in something falling faster than their own currency, let alone spends it.
But let me gently carry your own point one step further, because I think you're holding both ends of it without quite joining them.
You say it needs a price pump to fix this. Here's the snag. If the price did pump, what would people do? Hold it, harder — waiting for more. And a thing people hold because it might rise is exactly a thing they don't spend. So the pump that's meant to make it usable as cash is the same force that stops it being spent as cash. You've actually named the trap yourself: it's not used as money whether it falls OR rises. Falling, nobody wants it. Rising, nobody spends it.
So I don't think price is the missing piece at all. A high price never turned a coin into cash — look at the second biggest coin in the world, worth a fortune, still not spent at the shop. The thing that makes something money isn't the price. It's whether a stranger will take it and spend it onward without a second thought.
You're closer to the truth than most. I'd just say the answer isn't "pump it." It's the cash use that has to come first — and that's the bit nobody's built.
Build thinkers, not followers.