@SMB_Attorney Sales skills is the key. You have to be able to paint the success/synergy picture in their minds. Clean financials that are audited or at least reviewed helps a lot. Lastly, they want you to have skin in the game. Expect to get in the neighborhood of 80% cash and 20% equity.
@Suitpossum Technically correct in a narrow sense but they leverage those deposits up 10:1 in the form of credit which becomes receivables (asset) on the balance sheet. This concept is fundamental to the fiat based modern monetary system.
@michaeljburry Tesla is pretty far ahead in data collection and AI for full self driving cars which will make it an income producing asset in the relatively near future. That changes the value proposition entirely and is the real source of extremely high market cap.
@DDanylevych @satoshistemplar @lmazur Two points:
1. The poorest two thirds of the world would benefit from being able to send small amounts.
2. Most importantly it’s about being able to create an independent information market where data can be traded and valued globally. For that you need sub penny transactions.
@CobraBitcoin So you really believe that using the unbounded original Bitcoin protocol as a global data management tool should be censored & not allowed to compete? Combining micro transactions & data integrity has the potential to realign the internet incentive structure in a positive way imo
@brian_armstrong BTC does not resemble the white paper any longer. Remember when witness was segregated and now you can no longer define a BTC as a chain of digital signatures. Bitcoin white paper should be hosted on Bitcoin.
@BullyEsq It’s 70% of the volume. Don’t you think Coinbase would like to get a piece of that volume and profit from it? Why isn’t tether on Coinbase? There is only one reason: the compliance and liability department of a US regulated exchange deems it too risky.
@muneeb Layer 1 BTC is crippled with thousands of lines of unnecessary complexity added to support side chains such as lightning and liquid that produce profit off chain for VC backed corporations. BSV is Bitcoin with larger blocks and op_return enabled. Simple, scalable, useful.
@BullyEsq It’s more powerful as a data carrier network where micropayments can be used to value information in an open market. That really would create an internet of value that would cause commercial interests and government to trend toward truth and accountability thus benefiting all.
@PeterMcCormack@TuvaluGov@CalvinAyre So many lemmings and so few leaders. It’s amazing that the original Bitcoin protocol with bigger blocks as a data carrier network is so controversial. A global public information ledger as a source of truth is humanity’s greatest need but such a project is censored at every turn.