Razer0via treechat·5mo
Replying to #c0350077
❤️ 11 Likes · ⚡ 0 Tips
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  "map_content": "@SirToshi I'm not on twitter. In latest video you said that once a chain of signatures break the valuable commodity turns into a security, albeit worthless.\r\n\r\nWhat cause cause of break of signatures in BTC, causing the above?",
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⬇️
Razer0via treechat·5mo
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "@SirToshi thank you for your explanation: \"someone\" broke the chain of signatures, which @BsvGodfather says that the CoS (chain of signatures) happened with SEGWIT.\r\nThought: Freedom was exercised in which \"someone\" forked off the original white paper bitcoin to create a clone currency (monopoly money) that excludes a chain of signatures, or as mentioned above, is stored somewhere else apart from the chain.\r\nNow, does it really matter actually that it is stored somewhere else? The fact that it is stored gives... meat to the bones, shall we say, that still allows BTC to have value?\r\nWhy does it matter that we know about the change of ownership of a coin?\r\nDoes it prevent fraud and corruption, a way to refute that someone hasn't magically come up with the idea of having a certain amount of coin without nodes verifying this to be true?\r\nWhy are we not taking it for granted that the current exchange of BTC amongst people are and have been a legitimate trade? Who says that it is not? Does it matter to know this?\r\nIf the chain of signatures, as @BsvGodfather says, is being stored somewhere else, what does it matter if we trade BTC as \"the original bitcoin\" or not?\r\nWhy is it that BSV can scale but BTC (being a fork and therefore holding some of the original functions of bitcoin) cannot scale?\r\nIs it because BSV can store data, which cause it to be an invaluable asset in the service of utility, that BTC cannot (store data)?\r\nTechnical question: Why can BSV store data but BTC cannot?\r\nIt appears that functionality was disabled with the fork of BTC from bitcoin.\r\nUnless the functionality of BTC is lying in dormancy as a version of BSV and in reality both BTC and BSV are one in the same (with the exception that one has working functions of CoS (chain of signatures) and data storage NOW and the other ISN'T) then, well...\r\nI think we can all see that BTC has been misrepresented and skewed by decisions of a few rather than the decentralized agreement of the whole. But I really am trying to see the bridge here, if at all, between the two concepts, and see it from both points of views.\r\n\r\nCan BTC live in a world under BSV?\r\nI think so.\r\n\r\nCan BSV live in a world under BTC?\r\nI don't think so.",
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