100% - Pop the Hood You said pop the hood. So let me pop it…
100% - Pop the Hood
You said pop the hood. So let me pop it, and let me do it with respect, because the writing was good, and one line in it was true. Number go up is not the science of money. You are right about that. I have said the very same thing all year. So we already agree on the most important sentence you wrote. Good. Now, as one man who would genuinely like the answers, let me ask you a few honest questions.
You say the engine works. Works at what, though? Moving data between machines, or one person buying bread from another? Of all those transactions you are so proud of, how many were a human being paying another human being for something real?
You measure the engine against Visa and PayPal, every track they laid down. But the white paper never promised a faster Visa. It promised cash for ordinary people. So did we win a race that was never the point?
You popped the hood and showed me the throughput, the scalability, the micropayments functioning. But there is one thing you did not show me. If a court names my coin, can it be taken from me? And if the answer is yes, then is it still cash? Or is it just a quicker bank with extra steps?
You called it a muscle car. A V8. Torque for days. But think for a moment about what a muscle car actually is. Loud. Thirsty. Temperamental. A toy that only the mechanics understand and only the enthusiasts love. Is that what money is supposed to be? Or should money be the most boring car on the forecourt, the one that starts every morning, costs nothing to run, and my mother can drive without ever once popping the hood?
And here is the last one, the one I would most like you to sit with. Seven years in, if the only thing standing between this engine and the whole world is bad marketing, then is it really the marketing? Or does a thing that people truly need not have to be shouted about, nor sold with contempt for everyone who has not bought it yet?
I am not attacking you. I am asking. Because if the answers are good, I will be the first to stand up and say so. And if they are not, then perhaps the badge was never the problem.
Build thinkers, not followers.
Let us ponder this full well.
Sources:
bsvblockchain.org — Digital Asset Recovery, the documented process by which a court order can direct miners to freeze and reassign coins on the BSV ledger
Replies
100% open your eyes. I believe Dr. Craig Wright has created a powerful, tamper-proof digital ledger system that also serves as a peer-to-peer cash exchange. Clearly, patents should have been granted beforehand to prevent others from misrepresenting the original idea. Regarding asset recovery, I think it's a good thing because it's valuable to be able to recover one's belongings after theft, a mistake, assault, fraud, loss, an obvious crime, murder, etc. Sooner or later, one must comply with the laws in force because most legislation expands and thrives in states governed by the rule of law, which must be preserved. Whether one likes it or not is a choice that depends on personal convictions; no one can convince or force you. The current banking system is flawed due to numerous "leaks" of malfeasance, lies, secret agreements, collusion, and cheating; blockchain prevents all of this. If you can prove your assets are yours with a purchase record and you comply with applicable laws, what do you have to fear? Taxes, perhaps? Cash can be traced by serial number, bank transfers too, and so can transactions on the blockchain. It's impossible to falsify funds or data recorded on the blockchain. In a bank, it's possible to falsify records; it's possible that you may have unknowingly possessed counterfeit currency. And if there's less paper to print or money backed by nothing, then even the trees will be happier, and people will breathe easier. Furthermore, with unlimited blocks, the energy cost is much more environmentally friendly. Understand that only the nodes can enforce the NAR and DAR by court order; no one else can. Each Satoshi is a transport of information, like a minecart, infinitely reusable and carrying a history; the data is the real value. Whether we like it or not, it's a digital protection against incremental data falsification. The system works to prove that it's possible, that a sustainable solution can be envisioned and implemented. The white paper defines…