1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (3223) ·
Bitcoin(BSV) has a fixed supply, combined with limited liquidity on exchange, it is the recipy of rocket fuel.
This price increase drives miners to BSV, increasing competition and security.
More node decentralization, I personally think 100 nodes.....
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (3223) ·
...is more than enough.
there are 3 drivers of demand!
1) demand to buy something now
2) demand to hold to buy future goods
3) demand to hold to speculate
Option 3 is the main driver of BSV today, 2 will become more obvious over time if not already.
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (3223) ·
Thx J.Laskey for some of this information 👍
I think however that if this does happen and price goes ballistic we will see some violent volatility, which may spread the usual negativity around it’s potential of becoming a usable form of cash.