Ideally businesses operating on BSV that generate excessive…
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
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I notice something, and I say it kindly. A while back we were talking about peer-to-peer cash. Then it was data as the soil. Then a price pump. Now it's buy-and-burn to hold the price up. Each step has moved further from the white paper and closer to just "make the number go up." That drift is worth sitting with.
But take the idea on its own terms. Buy-and-burn works for Hyperliquid and Venice because they're profitable businesses with real revenue to buy back with. And you said the key part yourself: "in the absence of any profitable BSV businesses." That's the whole problem in your own words. The mechanism needs profits to exist, and you've just told me they don't.
And when the fallback is patents that "supposedly could presumably be licensed" — that's a wish, not a revenue stream. Supposedly and presumably don't buy back a coin.
So I'm back where I always am. None of this is about anyone spending it. It's all about propping the price. And a price you have to engineer a burn to hold isn't a currency. It's a thing on life support.
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