@ItsTwoBags@LA201210@JoshPalerLin@WatcherGuru Heโs not wrong, here, storing money in BSV would be idiocy if you donโt plan on spending in the future. You donโt invest in a payment platform, you pay with it.
BTC is merely an index of the demand for said payment method.
@ItsTwoBags@LA201210@JoshPalerLin@WatcherGuru Payments, or even store of value. Transaction fees will simply overtake cost to mine, thus rendering the system moot to anyone with less than 10s or hundreds of BTC
@ItsTwoBags@LA201210@JoshPalerLin@WatcherGuru Core did, however when they broke it they brought in the UTXO issue. Eventually now Bitcoin will scale without a set block size limit, eventually causing the satoshi to become negligent. Eventually anyone operating with less than 0.0024BTC wonโt be able to use it for 1/2
@LA201210@ItsTwoBags@JoshPalerLin@WatcherGuru When you need to move money, Bitcoin works as a great way to store money. Useless for anything else until the code is changed to make payments and block sizes more efficient
@LA201210@ItsTwoBags@JoshPalerLin@WatcherGuru If youโre going to use lighting as a p2p method instead of BTC (which I wouldnโt recommend anyways) youโre better off just flowing your cash through a different chain. One thatโs specifically designed for this. have Bitcoin as your personal savings account, only touch it 1/2
@daill1will@WatcherGuru Oh bruh. Your 105k shib will most likely never take a hit. Most new investors usually end up with 10-15M if itโs on their portfolio list. The majority of us whoโve been here for a few years are holding billions if not tens of billions. Your 105k is safe G.