I got involved in the bitcoin economy in 2012, but I didn’t know what I was doing. I went on the internet to study and one of the great communicators was this seedy entrepreneur named “Roger Ver”. I liked his passion and his story of real business acumen. Other people in the discussion at the time seemed little more than people trying to pump their bags, but Roger was different. He was passionate about what Bitcoin could do for the world!
It was largely his influence that made me sense my take on Bitcoin, and I agreed with him when the Bitcoin Civil War began to heat up. Ultimately, I was a big blocker and a big advocate of understanding the White Paper and the fundamental properties that define “the real Bitcoin,” not least because he insisted on going back to the White Paper to answer the real questions about Bitcoin.
What happened?
In 2018, Roger betrayed his own reputation and sided with the petty blockers in the BCH hash war – presumably because of his personal dislike of Craig Wright. He chose to add things that weren’t in the whitepaper while evading the roadmap of having a locked log and unlimited block sizes. In short, he approached the principles of Bitcoin that he claimed were most important to him and made a decision based on his personal opinion about the people involved.
Bad things were said, fraud allegations and lawsuits. The split and the wars afterwards caused a lot of damage to the formerly unified Bitcoin community with a large block.
But that was two years ago now! At the time, it was unclear whether BCH or BSV had chosen the right path that would lead to the kind of stability that attracts trade. However, in 2019 and 2020, Amaury Sechet became a commitment to BCH and spent a lot of time berating Roger and the BCH community, leading to further arguments, divisions and increased loss of network effects. This destroyed the trust that can only arise through proven stability. BCH has failed to get an increase in transactions, block size, or widespread commercial adoption. Rather, it has become a group with an identity crisis, persistent disagreements over the scope, and a complete lack of unity in vision for Bitcoin. In short, BCH has become little more than a cacophony of developers arguing over protocol roadmaps as the transaction volume and average block sizes are even smaller than BTC.
Bitcoin SV, on the other hand, has broken all boundaries of the protocol, opened up all the parameters that should be controlled by honest nodes, and built a culture of business-friendliness and fundamental persistence of the protocol – thereby removing the space for political argument over how to scale.
Talk to Roger openly
Roger, the honest nodes at Bitcoin SV, created the real bitcoin indefinitely. It is finished. People’s fears about FSIO have been proven wrong, and we have met all of the protocol goals that the big blockers have been talking about since 2015. It should be time for us to celebrate the evidence that Bitcoin Classic, XT, Unlimited, and the rest of the Big Blockers were right about Bitcoin’s scalability. We can build on chains, work records can rule, and we should work together to achieve our mostly common goals.
Here’s how you could benefit from Bitcoin SV:
1: Bitcoin.com is arguably the best domain name in the entire Bitcoin economy. You should run a Paymail server and bill users to purchase their name on the domain in order to receive Bitcoin payments. The fees on the chain are so cheap that you can even charge less than a cent per transaction and that way, especially over time, can make a ton of profit.
2: A custom baemail client allows you to charge for a paid email service in the chain by also using the Bitcoin.com domain where people can be paid for their attention so every time they interact, too Profits in percent can be achieved.
3: The Bitcoin.com wallet and exchange are both nice. Adding BSV to them and enabling quick purchases would be a profit center as BSV has been removed from a number of exchanges and Americans in particular are hungry for a place to buy BSV. If you fill a niche in the market, you can make a profit.
4: The Bitcoin.com mining pool could offer specialized services that are now being investigated by the honest nodes of the BSV. Mempool and TAAL (CSE: TAAL | FWB: 9SQ1 | OTC: TAALF) offer data-intensive companies that are now based on BSV, particularly low fees and direct API services. If Bitcoin.com ever wants to go beyond mining small chunks for subsidy bonuses, Bitcoin SV is the world’s most advanced network looking for unique ways to make mining with large chunks more profitable in the long run. Imagine your pool gaining a 50 megabyte block of transactions, Roger!
I felt compelled to write this after seeing more of your BCH mission in Antigua. It just felt petty thinking that Bitcoin.com would add BSV services once the dust clears in 2018. Instead, large blockers are shared, and you still support BTC services instead of giving users a real bitcoin option for large blocks!
Fortunately, we don’t need you anymore. Bitcoin has moved on. But it’s silly to see you’re still pushing this exclusive for BCH.
The global economy has to move away from it, and it would be advisable to unite behind the Bitcoin protocol for the fastest route to global adoption. BSV is the world’s top performing peer-to-peer money, and ledger transparency is the greatest tool for global freedom – both things you could be promoting on the network.
Don’t forget that BCH’s scaling roadmap is ripe for more debate and the code base is still just a junction from BTC Core. This means profound changes are needed to match the advancements of the BSV node team and our increasingly diverse hashing economy. It is just not plausible that BCH should be on an equal footing. It is evident that Teranode, Xoken Vega, and other next-generation node implementations will transfer 50,000 transactions per second on the Bitcoin SV mainnet by 2021.
My last thought
We won the scaling war. We won the protocol war and we will win the adoption war too. If you want to win these next victories with us, stop messing around, Roger.
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