I'm currently putting through about 75-100 txs per day on BSV. Using it. If 1% of the…

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (271) · July 21, 2019

I'm currently putting through about 75-100 txs per day on BSV. Using it.

If 1% of the population did 1 tx per day we would have 890 txs per second. BSV is currently 1 tps. So 890 x the velocity.

Value = velocity²

Today BSV = $175
Future = $138 million

Replies

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (622) · July 21, 2019

Price ≠ value.

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (2598) · July 21, 2019

I like your math.

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (271) · July 21, 2019

Interesting Matthew, what is price? What is value?

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (2459) · July 21, 2019

Oh my

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (622) · July 21, 2019

At least, that's the short, oversimplified answer.

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (622) · July 21, 2019

Price is just the market ratio of exchange between two assets. Supply and demand sets that.

Value is the subjective benefit a person gets from a thing.

In the case of money, value is an aggregate... More about value of what the money is exchanged for.

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (2907) · July 21, 2019

"Value is what you get, the price is what you pay for it."

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (32) · July 21, 2019

How many txs/day do you do with your bank account and cash?

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (271) · July 22, 2019

@stein Probably 5 - 10.

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (32) · July 22, 2019

We'll have to go way beyond Visa/MC/Bank transactions and cash transactions :)