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bsv

PaintedOnePaintedOne Member Posts: 236
in The Rail
anyone got any bsv and what are your thoughts?
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  • EssexphilEssexphil Member Posts: 8,780
    PaintedOne said:

    anyone got any bsv and what are your thoughts?

    I presume by bsv you mean bitcoin.

    There was an interesting thread on this some time back. It was called "Bitcoins & Sh1tcoins" (or similar. Ran from 9/20 to 4/21, and had a wide range of opinion, both for and against.)

    I think it is just about the riskiest investment going. People will make fortunes. And lose fortunes. Far, far too risky for me. But if people can afford to lose all their money on a speculative gamble, then there are worse punts out there.
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  • PaintedOnePaintedOne Member Posts: 236
    yes bitcoin , but the original bitcoin which now has the ticker symbol bsv.

    a peer to peer digital cash basically

    the bitcoin that most people know was changed after segwit was introduced.

    out of curiosity do you believe we are going digital and cashless?
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  • EssexphilEssexphil Member Posts: 8,780
    PaintedOne said:

    yes bitcoin , but the original bitcoin which now has the ticker symbol bsv.

    a peer to peer digital cash basically

    the bitcoin that most people know was changed after segwit was introduced.

    out of curiosity do you believe we are going digital and cashless?

    No, or at least not for some time.

    Cash transactions are reducing. And will continue to reduce. But there remains about 1 million people who do not have a bank account. The poor, the elderly, the disabled. People who want to buy things (legal as well as illegal) without leaving a digital footprint.

    I don't agree with most of what conspiracy theorists say. But I think it will be a very sad day for personal freedom if cash disappears.

    I think (and believe) cash will still exist before bsv truly becomes "peer to peer digital cash". Unless you believe that currency exchange is "commission free"...
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  • stokefcstokefc Member Posts: 7,830
    Essexphil said:

    PaintedOne said:

    anyone got any bsv and what are your thoughts?

    I presume by bsv you mean bitcoin.

    There was an interesting thread on this some time back. It was called "Bitcoins & Sh1tcoins" (or similar. Ran from 9/20 to 4/21, and had a wide range of opinion, both for and against.)

    I think it is just about the riskiest investment going. People will make fortunes. And lose fortunes. Far, far too risky for me. But if people can afford to lose all their money on a speculative gamble, then there are worse punts out there.
    This happens when you accidently chuck your hardrive in the bin and it ends up in a landfill
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  • VespaPXVespaPX Member Posts: 12,404

    https://www.theguardian.com/business/2022/oct/10/cash-bank-closures-living-costs-crisis-post-office
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  • PaintedOnePaintedOne Member Posts: 236
    yep that's right and especially after we have been doing campaigns in the towns and cities of this country promoting the use of cash
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