Connor Murray retweetledi
There’s a lot of focus right now on the US Senate’s struggle to pass their digital asset market structure bill. I suspect they’ll succeed, although possibly not until the wee hours of the morning on the final day of the session before the midterm break (like the online gambling law that passed in 2006).
America’s legislative struggles have overshadowed regulatory advances in other countries, but politicians everywhere are belatedly realizing that blockchain tech can be so much more than just crypto grifters preying on desperate people looking for instant riches.
Memecoin hypers, platforms promising ‘yield’ of dubious origin, the extractive middlemen calling themselves digital asset treasuries... A plague on all their houses for the time and reputational damage they’ve cost us all.
The online gambling sector was in its own ‘wild west’ period when I joined, but guys like me (with MBAs rather than a history of making book by the payphone at the back of the bar) helped usher in its more mature phase. It was a necessary change, without which the sector wouldn’t have grown to the extent it has today. The same phenomenon is now happening in blockchain.
The time for tokens and price speculation is over. The time for protocols, ones that offer utility and can expand to accommodate whatever the market requires, is nigh. Hence my belief that the BSV Blockchain’s future has never looked brighter.
BSV has utility in its DNA, honouring the living, breathing, expanding platform described in Satoshi’s white paper. BSV kept its eye firmly on the horizon, anticipating what the world will need decades from now and designing its foundation accordingly.
The ‘V’ in BSV stands for vision but it could also mean ‘versatile.’ Boundless scaling capacity. Fast settlement times. Cost-effective transactions. An immutable protocol offering certainty to developers that the ground won’t suddenly shift under their feet.
For those BSV supporters who sometimes feel like they’ve been waiting in the desert for their ship to come in, may I remind you that sea levels are on the rise? Cometh the hour, cometh the protocol. This is BSV’s hour.
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