You know what I find curious? The fact that someone could hate a
voluntary inanimate system with such inflamed passion that one invests a significant percentage of waking hours trying to tear that system down, rather than just ignoring it entirely. But that's neither here nor there. Let's move on to your irrelevant bloviating...
Some day, you will learn that a blockchain which is unhampered by a centrally-planned production quota on transactions has a value independent of whatever other characters also see value in such an innovation.
Pretty much every part of this sentence is untrue, or at best incorrect.
sez you. Let's tally.
- Bitcoin's block size cap is the result of consensus among the Bitcoin network and is not "centrally-planned."
Har. I guess that's kind of defensible. In the same sense that the FED's recent orgy of
money printer go brr is the result of the consensus of the American people, the consensus of the heads of America's trading partners, and the consensus of all the humans living within those countries. And to the same extent that such money printer go brr activity is not centrally planned.
If that qualifies as 'consensus' and 'not centrally-planned' to you, then have at it.
We have an alternate consensus. What are you gonna do? Round us up and gas us?
- This limits the "production quota on transactions" only when talking about on-chain transactions.
Did I claim anything to the contrary? No. I did not. This is significant enough to be seen by me and others as A Big Problem.
- The value of anything is determined by those who value it. It is an opinion which requires human beings to formulate and does not exist on its own accord.
Did I claim anything to the contrary? No. I did not.
Again, my thesis is that the value of the lack of a centrally-planned production quota upon transactions will become widely apparent when Blockalypse II is upon us. Your thesis can differ, and it affects me not in the least. Waaah.
Conclude whatever you want about the value of huge blocks which have centralized your coin down to a relative handful of nodes -- I don't really care. What you don't get to pretend (without ridicule) is that BSV is in any shape or form the manifestation of "Satoshi's vision."
Ha. Neither do you about BTC. We each can point to evidence in Satoshi's writings that buttress our respective arguments. So what's your residual point? Do you even have one? Other than 'Aussie Man Bad'? Oh yeah - I forgot: 'Pedo Man Bad'. What else ya got?
The Faketoshi Factor is still heavily priced in... I expect it to gradually fade away and put the fair market value of BSV at somewhere between $30 - $40 a coin. It may be years before it sinks this low, however, especially if BTC starts to take off and brings along the altcoin market with it (as it is wont to do).
May 20th, 2019: price of BSV is $61.70
May 21st, 2019: Craig registers copyright for Bitcoin white paper, price goes up 20%
May 29th, 2019: China "
fake news tweet" says Wright transferred 50,000 BTC to Binance
June 25th, 2019: BSV reaches local high of $242
August 27th, 2019: Judge Reinhart rules against Wright, orders payment of 500,000 BTC to Kleiman estate
September 19th, 2019: Wright and Kleiman enter settlement discussions
December 19th, 2019: BSV reaches local low of $80
January 11th, 2020: Judge Bloom drops sanctions on Wright, gives him more time to receive documents from bonded courier
January 15th, 2020: BSV reaches local high of $343
Then pretty much every noticeable move since then has been tied to coronavirus economic fallout.
You still don't get it. A myopic focus upon today's current price is not what we see as valuable about this system. But hey - you do you.
Meanwhile, some cabal of early miners have put 145
last nails in CSW's coffin, and the BSV price is essentially unaffected. Sux to be U.