I posed once before. Would the math work if bsv stayed at 5…
I posed once before. Would the math work if bsv stayed at 5.00 dollars but did millions of transactions per second. Could miners survive or thrive?
$5.00 bsv x 1,000,000 tps @ .000005 per transaction x 1,000,000 transactions.
$5.00 x 4,000,000 tps @ .000020 per transaction
Better be prepared for the sat value over the dollar value. That is an open discussion. Said this once before too. If no bank is trying to stay alive on this could ot survive at almost free to use?
Replies
Ten grands worth is my goal. If you can understand BSV very well you should be able to make it anywhere.
Ive virtualy begged to talk to someone about this.
2:18 am here in God's country.
In my understanding yes.
The questions very similar to this i've posted till i went blue in face. Seems i'm tagged vermin.
Can't explain it any better than imagine going back to 2013 or whatever and being able to buy Bitcoin at 15 bux.
And people are umming and aahhring.
Listenining to Elon Musk, Jack Dorsey, Bill Gates, Mark Zuckerburg, you know the rest long ****** list.
And that's just for your common investor, once you really start immersing yourself in the work along the way business ideas arise that you should be able to diversify and make a killing.
Whatever happens.
And reguardless anything you learn about BSV is gonna serve you damn well, it's not fractional reserve banking 3.o or tether. Plus best community on planet period, best teachers, best tech, best social media.
Hope my entry is acceptable.
You're going to do well by the looks of things , your obviously in the top percentile on earth.
May God bless you Sir.
One more .That's if it's ok.
Just want to answer your question.
There are other ways minners and anyone can generate income other than block rewards, transaction proccessing fees, and coin appreciation.
Babbage clearly explains that people are going to need all manner of blockchain data management services that minners will be supplementing their income by charging for these management services.
But anyone i repeat anyone can access funding of some sort even if they are dead broke , in debt to their eyeballs, to launch an entrepreneurial activity such as providing access of subsets of the blockchain that their business model is concerned with.
Blockchain services. First define the markets then pick some to start building / investing in. Yes, gorilla pool is already building blockchain services. Not saying everyone can run a mining pool but we can find a way to benefit off them doing what they do. Smartledger build certihash. Monitoring data for any changes. Hacking will stop at some point because audit logs of previous hash will be on chain. Who will hack? Miners? Risk getting blacklisted?
Many smarter people here than me but I try to think this future business options every day. Looking at 3d metal printers currently. We may need to start producing at home soon if this war stuff keeps up. Borders will close and trade will slow due to turmoil.
Hence grow some of your own food.
Make some of your own power.
Dont depend on anyone and help as many as you can.