As I understand the pre determined amount of 21 million bitcoins would be seen as false since it is possible to execute 0 value tokens as they could then be seen as additional (plug ins) to the 21 million?!
I don't see that as false.
IMO it is all about "liquidity". Supply and demand.
Liquidity is the outcome of created value.
I believe that 0 value tokens will bring value to BSV.
You buy share through a broker, let's say TSLA shares, right now 1 share is $417
problem here is that we don't know the finite amount of dollars hence owning a TSLA share doesn't say much about it's true value. It is a great mix of speculations involved.
First the company itself, you invest your money in shares as you believe the value of the company will rise making your shares value grow.
The company mainly using dollars to trade (produce & sell) their products so the company exist within the ecosystem of dollars.
The dollar is volatile as it has infinite supply and rely on how the economy of businesses preform along with the governments interactions with the rest of the world.
If it would only be bad preforming companies within the ecosystem of dollars the dollar would do bad regardless of how the government performs.
The reasons we are into bitcoin is
1, peer to peer cash system (Decentralised nature)
2, finite supply
3, Store data made possible with BSV
If a company decides to build their products on BSV weather it is directly using the main network or creating 0 value tokens as shares or perhaps redeemable points it will bring value to the network. Especially if the company proven to create something of value that attracts more consumers.
As long as we continue to attract high quality businesses and individuals (smart crowd) the value of BSV will always increase. I can't see why a business would just want to use one side of the coin.
As little as I would see Tesla motors a company registered in the US trading with lets say Russian rupees instead of US dollars?!
BSV let the original intended use case to its full potential of being a true peer to peer electronic cash system with micro transactions. On top of it we can store data and let companies enter the eco system with tools like 0 value tokens to create shares or anything between heaven and earth they find value in to create on a superior blockchain that is bitcoin SV.
We might be a small community still, but we are a community of quality rather then quantity, we shall so let it be. Every project building on BSV has value whether it is twetch, powping or anything else within our Bitcoin SV universe.
I think we are great in the way things are being built. It is all built with simplicity, beautiful end user experience and most importantly giving the world a tool to freedom.
As I understand the pre determined amount of 21 million bitcoins would be seen as false since it is possible to execute 0 value tokens as they could then be seen as additional (plug ins) to the 21 million?!
I don't see that as false.
IMO it is all about "liquidity". Supply and demand.
Liquidity is the outcome of created value.
I believe that 0 value tokens will bring value to BSV.
You buy share through a broker, let's say TSLA shares, right now 1 share is $417
problem here is that we don't know the finite amount of dollars hence owning a TSLA share doesn't say much about it's true value. It is a great mix of speculations involved.
First the company itself, you invest your money in shares as you believe the value of the company will rise making your shares value grow.
The company mainly using dollars to trade (produce & sell) their products so the company exist within the ecosystem of dollars.
The dollar is volatile as it has infinite supply and rely on how the economy of businesses preform along with the governments interactions with the rest of the world.
If it would only be bad preforming companies within the ecosystem of dollars the dollar would do bad regardless of how the government performs.
The reasons we are into bitcoin is
1, peer to peer cash system (Decentralised nature)
2, finite supply
3, Store data made possible with BSV
If a company decides to build their products on BSV weather it is directly using the main network or creating 0 value tokens as shares or perhaps redeemable points it will bring value to the network. Especially if the company proven to create something of value that attracts more consumers.
As long as we continue to attract high quality businesses and individuals (smart crowd) the value of BSV will always increase. I can't see why a business would just want to use one side of the coin.
As little as I would see Tesla motors a company registered in the US trading with lets say Russian rupees instead of US dollars?!
BSV let the original intended use case to its full potential of being a true peer to peer electronic cash system with micro transactions. On top of it we can store data and let companies enter the eco system with tools like 0 value tokens to create shares or anything between heaven and earth they find value in to create on a superior blockchain that is bitcoin SV.
We might be a small community still, but we are a community of quality rather then quantity, we shall so let it be. Every project building on BSV has value whether it is twetch, powping or anything else within our Bitcoin SV universe.
I think we are great in the way things are being built. It is all built with simplicity, beautiful end user experience and most importantly giving the world a tool to freedom.