One of my personal mottos is to look where it is forbidden. When the crypto masses aggregate around a cause without providing satisfactory argumentation, I venture out with my own research in search for my own conclusions. And I debate them with Mr. X and The Crypto Vigilante team.
As such, way (way) back in September I shared one of “Rafael’s Unpopular Opinions” on Twitter:
#Monero is everything #BTC desires to be.
#BSV is what #Bitcoin and #Ethereum are both meant to be.
Three months later, my opinion hasn’t changed, it’s just gotten stronger:
#BSV is by far the crypto that fascinates me the most. I feel like my 3rd eye opens up to 21e8 and I am elevated to new heights. It’s like a drug.
That miner meritocracy of the Nakamoto Consensus is magnificent.
BSV for Entrepreneurs
Without going into too much detail let me explain the benefits of BSV for entrepreneurs:
Bitcoin Satoshi Vision (BSV) is a particularly unorthodox cryptocurrency. It is the only network where the protocol is fixed, making the competition and development among entrepreneurs fair, with a clear, never changing, ruleset.
BSV is using the original Satoshi game plan to deal with the government as the government is. They are so hardcore capitalist that they even want to make government their client, they want to grab proof of work, and mining and completely have those govern the world, that’s their worldview, that’s what they want. They want to destroy politics all together, they want to, completely, supplant the state with proof of work and with a bonded meritocracy led by the applied economics of the Nakamoto consensus, which is the competition of the miners that compete with one another in securing the network.
Or, in simpler words:
There really is no other cryptocurrency that can match the entrepreneurial possibilities of BSV. You see, BSV is different from BCH and BTC, in that in BSV the miners call the shots. In BCH and BTC, the central group of developers call the shots. When people realize the importance of having a fixed protocol, where developers cannot change the protocol to their whims, I expect many to flock to BSV.
The entrepreneurial uniqueness of BSV Bitcoin’s original design is not something that entrepreneurs can simply ignore. BSV offers things not found anywhere else in crypto, which, ultimately, is aimed at enabling entrepreneurs to say “I am able to use the Bitcoin blockchain as I please for my business”.
BSV for Investors
Plus, on top of all of its virtues, BSV shares in the original network of Bitcoin investors – an aspect that no altcoin could ever match.
Investing in itself demands that you have a stable game plan to plan for – to ensure you’re investing in things that are fundamentally sound. EOS vote buying, Ethereum scaling and Bitcoin cash contention are all results of what happens when you don’t have a stable foundation in crypto currency.
Which is where BSV comes in.
There has been the CSW fiasco and the seemingly bizarre move by Binance in allowing its users and its company to mine BSV while not allowing its users to buy or trade it on their exchange.
If you’d like to understand how this all fits together as the pivotal moment in Bitcoin’s history, watch today’s video.
I’ll give you a clue: We are for the first time witnessing the outright market trumping over politicking and censorship of cryptocurrency within crypto.
You see, it doesn’t matter what the crypto mob says or thinks, economic incentives will ALWAYS motivate people to act and move in the most efficient and profitable of ways.
When pressed for an explanation as to why Binance was mining the forbidden coin BSV, Binance CEO, Changpeng Zhao, gave us the answer that I was expecting, “BSV is just too profitable for miners to ignore.”
Ultimately that’s my message too: Ignore BSV at your peril.
Crypto Economics Analyst