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When the Spanish Royal mint in Peru gets destroyed by locals tired of enslavement, the Spanish "Pieces of 8" (Po8) still has value. The Po8 has LESS value without the mint, since stamping and recoining encourages confidence in the coin, and keeps it current and easily transferrable, as well as leverageable. BitCoin doesn't attempt to create NO authority, it simply spreads it for robustness as well as keeping the golden goose alive. The Spanish Mint system is just like the BitCoin Node system or the American mint system, destroying one mint in Philadelphia will not take the system down. Robust. So even gobment coin is robust. The big change circa 2009 is limitation on the number of coins. This isn't important YET, because 2009-2020 has been one big economic party. If 21 million or 2.1 quadrillion limitation was everything, then BTC would be gone by now. It will be in the next economic down-cycle (likely a large one coming) where we see which "cryptos" have been swimming with no trunks. If BSV doesn't have a commoditized utility value, then it too will sell off to insignificant levels along with all the crypto-crap ponzis. Economics are harsh in a downturn asset-deflation sell-off, and prior to every hyperinflation in history is a big fat deflationary collapse. Expect it, plan for it. BSV can do very well in that environment so long as it creates value. How better to do that than to have tokens with cash-flows? What is IN AWS? Data, Information, valuable data. Is it Amazon's transactions which give that data value? Partly. But you come to Disneyland too ride the rides, not pay money at the opening gate ticket booth. Without the rides, no one is clamoring thru the gate to get to Space Mountain. King Tut's Mask, the Mona Lisa, or the Ark of Convenant could be hidden from all the world's view in the dark basement of a billionaire for hundreds of years, and when removed they'll have just as much, if not more thanks to population growh, value coming out of the dank tomb as they had going in. So why should Nodes support an "end-around" solution for tokens like 0-satoshi tokens or FALSE RETURN? Prune! Pruning is good. Let apps and users know that zero-sat tokens and FALSE RETURNS are shaky ground. Why? Because apps don't currently know it yet. In fact, the opposite. Apps are currently promising their users that FALSE RETURN is the "immutalbe ledger". And not because they're defrauding people on purpose, but because the app companies believe it! No dust limit, no fees, no satoshi tokens, I'm fine with all of it. But I don't prefer it, because I think it devalues BSV and makes it weaker. For ephemeral purposes, OP-FALSE-RETURN is excellent. It's a nice way to count transactions with minimal data, but I don't need that data once the count is done.
When the Spanish Royal mint in Peru gets destroyed by locals tired of enslavement, the Spanish "Pieces of 8" (Po8) still has value. The Po8 has LESS value without the mint, since stamping and recoining encourages confidence in the coin, and keeps it current and easily transferrable, as well as leverageable. BitCoin doesn't attempt to create NO authority, it simply spreads it for robustness as well as keeping the golden goose alive. The Spanish Mint system is just like the BitCoin Node system or the American mint system, destroying one mint in Philadelphia will not take the system down. Robust. So even gobment coin is robust. The big change circa 2009 is limitation on the number of coins. This isn't important YET, because 2009-2020 has been one big economic party. If 21 million or 2.1 quadrillion limitation was everything, then BTC would be gone by now. It will be in the next economic down-cycle (likely a large one coming) where we see which "cryptos" have been swimming with no trunks. If BSV doesn't have a commoditized utility value, then it too will sell off to insignificant levels along with all the crypto-crap ponzis. Economics are harsh in a downturn asset-deflation sell-off, and prior to every hyperinflation in history is a big fat deflationary collapse. Expect it, plan for it. BSV can do very well in that environment so long as it creates value. How better to do that than to have tokens with cash-flows? What is IN AWS? Data, Information, valuable data. Is it Amazon's transactions which give that data value? Partly. But you come to Disneyland too ride the rides, not pay money at the opening gate ticket booth. Without the rides, no one is clamoring thru the gate to get to Space Mountain. King Tut's Mask, the Mona Lisa, or the Ark of Convenant could be hidden from all the world's view in the dark basement of a billionaire for hundreds of years, and when removed they'll have just as much, if not more thanks to population growh, value coming out of the dank tomb as they had going in. So why should Nodes support an "end-around" solution for tokens like 0-satoshi tokens or FALSE RETURN? Prune! Pruning is good. Let apps and users know that zero-sat tokens and FALSE RETURNS are shaky ground. Why? Because apps don't currently know it yet. In fact, the opposite. Apps are currently promising their users that FALSE RETURN is the "immutalbe ledger". And not because they're defrauding people on purpose, but because the app companies believe it! No dust limit, no fees, no satoshi tokens, I'm fine with all of it. But I don't prefer it, because I think it devalues BSV and makes it weaker. For ephemeral purposes, OP-FALSE-RETURN is excellent. It's a nice way to count transactions with minimal data, but I don't need that data once the count is done.
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