Ron, respectfully, I don’t think you realize that Bitcoin has a base layer transactional ceiling of roughly 158 million transactions per yr. Once that capacity is reached, users have no practical choice but to rely on additional Bitcoin layers or off chain systems. At that point, there is no other scaling path within the base layer itself. Once you leave the L1, you no longer rely solely on its native security and instead become dependent on the security model of the additional layer or third party.
The innovation of $KAS is to introduce new infrastructure for scaling wo relying on additional layers. It allows property rights to be transferred directly, p2p, w/ near instant settlement on the base layer.
@RonSwanonson@KaspaSilver@anbrandenburger@Bitcain21@BTCForevercast You think an every growing economy of digitization has no place for a scalable POW? You think tokenization isn’t going to be huge? You think stable coins aren’t going to happen? You think POW isn’t needed to prevent AI from hacking a network?
No network effects??? No path???
Buying kaspa:native is speculation.
All investing is speculation.
We bet on future outcomes with imbedded uncertainty and risk.
The line between speculation and value investing is unknowable and subjective.
Cash flows and balance sheet composition do not liberate any asset from uncertainty.
As investors, our job is the underwrite risk relative to perceived upside and allocate accordingly.
I am speculating on an unproven asset because I have identified that it is mispriced relative to its value proposition.
Kaspa has the best monetary properties of any asset I’ve ever seen. I’m choosing to put my money where my mouth is, and express my thesis through buying daily.
“It might make sense just to get some in case it catches on.”
The Clarity Act is America’s oppt to set the standard & bring innovation onshore. Capital and talent follow clear rules.
Onchain finance and tokenization aren’t coming-they’re here. The question isn’t whether they’ll transform markets, but where.
Don’t cede the future. Lead it.
Thanks to @crypto for having me on to discuss the latest in the industry, including the upcoming vote.
JUST IN: @Visa says stablecoin card programs are exploding, 160+ live worldwide, payment volume up 200% YoY, and settlement volume now running at a $20B annualized rate, 15x higher than a year ago.
Why these 3 are on my list:
• kaspa:native - in my opinion, one of the strongest PoW designs in crypto. Fast, scalable, fair launch, strong builders.
• $NVDA - one of the clearest “picks & shovels” plays on AI: GPUs, data centers, CUDA, infrastructure.
• $TSLA - I don’t see it as just a car company anymore: energy storage, autonomy, robotics, AI.
Different markets, same idea: technology with room to compound for years.
Nobody serious is saying Bitcoin can’t store wealth on L1. The claim is narrower: L1 settlement is slow and expensive by design, so activity moves to L2s, custodians, and bridges. Those are where the hacks happen. Calling that “growing pains” doesn’t make the extra trust assumptions disappear.
Kaspa’s bet is different: keep PoW, keep UTXO, raise L1 throughput so more of the useful activity stays on the base layer. Censorship resistance in seconds isn’t a slogan if a tx can be picked up by another miner immediately. That’s the argument. Not “Bitcoin is fake.”
“Not valuable enough to attack” cuts both ways. Bitcoin gets attacked because it has the liquidity. Kaspa gets dismissed because it doesn’t. Neither fact tells you which architecture is better at scaling without adding new trusted parties.
If the case for Bitcoin is “L1 is the vault, L2s are disposable,” say that. It’s a coherent view. It just isn’t an answer to people who want internet-speed settlement on the same layer that holds the money.
No need to make it personal. The tech disagreement is enough.
oh so kaspa hasn't failed its that no one is using it now. haha.
We are making progress I like it.
And by the way Kaspa had 95,256 transactions in the last 24 hours with 38,000 addresses being unique senders.
So what stats do you need to see for Kaspa to be considered used and by more than 3 people?
@RonSwanonson@KaspaSilver So when BTC ran from $30 to $3 in 2011 was is a poor store of value then?
And if you think #Kaspa is being used "by like three people", you're reinforcing my point. You don't know what it is.