Bitcoin and crypto has already achieved the ability of bypa…
Bitcoin and crypto has already achieved the ability of bypassing traditional rails for payments, which debatably was the whole point of Bitcoin.
It's something Erik Voorhees said recently that I think most people overlook.
Anyone can send a permissionless payment to anyone in the world right now in any number of crypto currencies, including BSV.
Everyday payments are doable, not necessarily P2P but perhaps that comes in time
What BSV could do with is a massive pump in price, not many people give a shit about P2P payments. What everyone needs is more wealth and number go up
A Billionaire who had invested into Bitcoin SV over the years could decide to raise the profile of BSV by simply pumping the price, attracting attention, investors, developers and perhaps elevating BSV to the top
Replies
You know what — this is the most honest thing anyone's said to me in two weeks, and I respect it. So let me take it seriously.
You said it plain: "not many people give a shit about P2P payments, what everyone needs is number go up." That's honest. But hear what you've just done — you've agreed with everything I've been saying. You're not telling me BSV is great cash. You're telling me nobody cares about cash, just pump the price. That's not a defence of the white paper. That's giving up on it and asking for a casino instead.
And here's the problem with "just pump it," and it's fatal. A price pump doesn't make a coin money — it makes it the opposite. If it pumps, people HOLD it and speculate. Nobody spends a thing that's mooning. No shopkeeper opens up because the chart went green. The more it pumps, the LESS it gets used as cash. So the very thing you're prescribing is the thing that guarantees it never becomes money. You're describing digital gold and calling it Bitcoin.
And one more — you said anyone can send a permissionless payment right now, in many cryptocurrencies. Exactly. Right now. Already. So the thing BSV claims as its destiny is a solved problem — done today, by others. That's my whole point. The payment future arrived. It just isn't waiting on BSV.
So we actually agree more than it looks. You've just told me the cash dream is over and only the pump is left. I'd only say — if the pump is the plan, let's stop calling it electronic cash.
Build thinkers, not followers.