You misunderstood my post. Only BSV is Bitcoin. BTC and BCH are forks of the Bitcoin protocol. Altering the protocol creates a new blockchain. BTC (segwit) & BCH (Schnorr) altered the protocol and coordinated with exchanges to steal the tickers. Bitcoin is “set in stone” #BSV
The deliberate destruction of evidence is not a mistake; it is an act of evasion. The Vistomail and AnonymousSpeech websites were intentionally shut down after solicitors accessed the Satoshi account, proving that COPA will stop at nothing to hide the truth.
The idea that BTC could ever reach $13 million per coin isn’t just improbable—it’s outright impossible when you consider the basic economic realities of the world. Let’s take a moment to break down what this would mean. At $13 million per coin, with 21 million coins in existence, BTC would represent a total value of $273 trillion. To put that in perspective, the global economy’s GDP is about $100 trillion, and the total wealth of the entire world hovers around $450-500 trillion. This would mean that BTC, a speculative digital asset, would account for more than half of the world’s entire wealth.
But here’s the real absurdity: there are about 8 billion people on this planet, and the vast majority of them don’t hold a single Bitcoin. In fact, most people have never even seen one. How can half of the world’s economy be tied up in an asset that the majority of people don’t even own? It’s not just implausible; it’s a fantasy. Wealth, by its nature, is tied to the production of goods and services that benefit society. BTC, in contrast, produces nothing. It doesn’t feed people, it doesn’t clothe them, it doesn’t build homes or create jobs. It’s a speculative bubble, detached from the real economy, and the idea that it could grow to represent more than half of the world’s wealth defies every economic principle we know.
Consider the energy implications. Right now, BTC mining consumes between 100 and 150 terawatt-hours (TWh) of electricity annually, which is less than 1% of global electricity usage. If BTC reached $13 million per coin, the incentive to mine would skyrocket, leading to an annual electricity consumption of 30,000 TWh. That’s more energy than the entire world currently consumes. Think about that for a moment—more electricity consumed just to mine BTC than to power all the homes, factories, hospitals, and industries on the planet. What kind of world would this be? A world where energy is diverted away from productive uses and funneled into a digital asset that contributes nothing to the broader economy. And who pays the price for this? Ordinary people, who see their electricity bills rise as miners hoard energy to chase speculative profits.
Now, let’s talk about distribution. With 21 million coins in total and 8 billion people in the world, the vast majority of the global population would be excluded from owning any BTC at all. If BTC were to represent half the world’s wealth, that wealth would be locked up in the hands of a tiny minority. The result would be an unprecedented concentration of wealth in an asset that can’t be used to produce anything meaningful. It’s not like gold or real estate, which have intrinsic value and serve practical purposes. BTC is a digital placeholder, propped up by speculation, and once the bubble bursts, that wealth evaporates.
But the bubble wouldn’t even get that far. Markets, by their very nature, correct themselves long before reaching such levels of distortion. You can’t have a situation where half the world’s wealth is tied up in an asset that only a tiny fraction of the population owns, especially when that asset is so disconnected from the real economy. The forces of supply and demand would intervene, energy costs would spiral out of control, and the inefficiencies of BTC mining would render the system unsustainable.
In the end, the idea of BTC reaching $13 million per coin is not just absurd; it’s economically impossible. The energy demands alone would collapse the system, and the concentration of wealth would create massive social and economic imbalances. Markets don’t reward inefficiency for long, and BTC is the very definition of inefficiency. It doesn’t produce, it doesn’t create, and it certainly can’t sustain the kind of valuation that some dream of. This is not the future of global wealth—it’s a bubble waiting to burst.
BTC Core sold out its vision to the very powers it once despised. Hypocrisy at its finest, as middlemen and trusts now pull the strings. They promise freedom, but deliver control. And in this world of opaque ledgers and puppeteered systems, the owners—the corporate overlords—whisper a chilling mantra:
'You will own nothing, and you will be happy.'
@BHoarder1 One possible scenario is that they will be enforcing laws that will keep them in power, making it possible for them to digitalize every market measured in fiat currency aka beast system.
The idea of blockchain and its possibilities is too strong to be killed anymore in my opinion
Moreover, Keynesian economics is often misrepresented as advocating for constant government spending or money printing.
What Keynes actually proposed was measured intervention—governments spending during downturns to stimulate demand but maintaining discipline during periods of growth. Bitcoin’s fixed supply doesn’t conflict with this; it simply requires a more responsible fiscal policy. The original statement falsely assumes that only an adjustable supply can serve a transactional purpose, which ignores the reality that systems like Bitcoin can incorporate economic principles without the need for inflationary policies.
The appeal in part addresses the critical issue of wallets and the use of Elliptic Curve Diffie-Hellman (ECDH) in Bitcoin Core’s implementation. The original judgment, and particularly Mellor’s claim that ECDH is not a part of Bitcoin, fails to acknowledge the practical integration of ECDH in wallet functionality. The evolution of Bitcoin Core has seen ECDH become a foundational element in securing transactions and enhancing privacy, particularly as it relates to wallet interactions.
The push for retail investors to buy small fractions of BTC is problematic both economically and structurally. The narrative of scarcity-based price increases fails to consider the duality of supply and demand economics.
Fake #bitcoin
The concept of "dumb money" typically refers to investors who make decisions driven by emotion, hype, or a lack of deep understanding, often buying into a market when it's at its peak. In this scenario, "dumb money" describes someone who has observed a market for years as it gradually rises, perhaps feeling skeptical or hesitant to invest early on. As the market climbs, doubling, tripling, and eventually increasing by over a thousand times, they finally decide to buy in -right at the top.
This delayed entry, after years of growth, is often driven by fear of missing out (FOMO) rather than sound analysis. By this time, the market has already seen the majority of its gains, and the likelihood of a correction or downturn increases. The "dumb money" label comes from the fact that these latecomers ignored the fundamentals or trends that were apparent earlier and instead invested when the asset was at its most overvalued, increasing the risk of significant losses if the market corrects or crashes.
@Paul_W_8 Head to electrumsv. io and download that wallet, it's being showcased on www.bsvblockchain. org .
I suggest you to also watch this video by @CryptoCurrent77 on how to do it properly: https://t.co/4Mzba9nV3H
also this one: https://t.co/mpZ6sH9fK2
I hope this helps👍
I bought bunch of BSV and my dumbass sent the wrong wallet address, luckily that address didn't exist, so I didn't lose any of my coins (thanks to the customer service)
I was dumb enough to hand write the address, but lesson learned.
Always double check your addresses guys.