You know what — this is the most honest thing anyone's said…
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.
Replies
I maintain BSV needs a price pump to gain attention and ideally some form of required steady purchase or even coin burn
The incentive to hold something as savings and also to use to pay bills, food and to buy everyday items doesn't exist if the asset loses value faster than any fiat currency
According to CoinGecko BSV is down -60% over 12 months and is down -82% in eight years
Until BSV flips that downwards trend it is useless as a tool for savings or payments