Monday, July 15, 2019

Bitcoin

Mamat Rohimat:
Here is my tweets in Twitter

The speculation of a utility token of Crypto Currency like BSV, $Waves, ETH comes from the speculation of future demand for the platform! Not for the intrinsic value.

Blockstream/ Lightning/ Liquid is actually like a platform. It creates utility token backed by BTC
@PeterSchiff

1. As long as @Blockstream @lightning and liquid Network only support native Currency in token that only be backed by Bitcoin BTC, BTC will still relevant.

It is like Tether or USDC, the fed doesn't angry as angry to Libra as it is only backed by USD.

2. The Fed or Senate give more pressure to Libra as it is like creating new currency, not only stable coin backed by USD. If it only issue stable coin backed by USD, it will be easier to be permitted by The USA

@facebook @TheFed @POTUS @APompliano

3. Based on this principle, only if lightning, Blockstream or liquid doesn't support exclusively to BTC, BTC can go to zero as it doesn't scale, doesn't have enough Utility

@adam3us @starkness

4. While the Blockchain BTC is not efficient to be used for small transactions, miners should have enough profitability to secure the Network. The BTC price should be pumped to higher level.

I believe, bitcoin BTC is perfect instrument for speculation today
@PeterSchiff

5. Maybe, this explanation can be compromise of many Crypto Currencies claims of their value proposition.

So, I think Bitcoin BTC, BCH, BSV can coexist as almost have unique value proposition.

Though BSV Community think BTC is not originally designed as stated in whitepaper

6. To defeat Bitcoin BTC to zero, BSV can only defeat it by pump BSV price at the same level of BTC, so the profitability of mining BSV will be much higher as huge volume, force miners of BTC or even BCH to switch and make the down to zero.
@CalvinAyre @Street5Wall

7. BTC will face total collapse if after miners switch to BSV, Blockstream, Lightning and Liquid also migrate to support BSV.

If Exchanges are also replace BTC to BSV as base pair trading, then BTC will almost go to zero.

BTC price is supported by thousands Exchanges

8. While @thegreatcoin depends on value stored in the system as well as utility. 75% of the token is used to store value as like ETF. While 25% is like forever of management fee.

@sasha35625 @PeterSchiff @novogratz @officialmcafee @cz_binance @elonmusk @WarrenBuffett

Mamat Rohimat

Founder TheGreatCoin

No comments:

Post a Comment