Gene "Make Bitcoin Useful" Kavner

365 posts

Gene "Make Bitcoin Useful" Kavner

@GeneKavner

Founder, CEO of https://t.co/azRbO4fOgt, ex- https://t.co/4rwjfdidk3 executive. Now on a mission to make #Bitcoin useful to all.

Katılım Temmuz 2009

228 Takip Edilen329 Takipçiler

Gene "Make Bitcoin Useful" Kavner retweetledi

Nick Szabo@NickSzabo4·8 May

Massive unemployment, supply chain problems, etc. are due to *responses* to the viral outbreak. Viruses don't ban businesses. People do. Don't let politicians, public health officials, media, and others who decided to wreck our economies evade this crucial distinction.

Ken Thomas@KThomasDC

WASHINGTON (AP) — Unemployment hits 14.7%, highest rate since the Depression, as US shed 20 million jobs in April from viral outbreak.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·2 May

@Nira_tyra @iPayYouWallet Hi KingOfQueens -- I personally make sure that my team at iPayYou.io addresses all questions related to sending bitcoin. Nothing changed since we started almost 4 years ago. If you have a specific question, please email our fantastic support: Support@iPayYou.io.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·29 Nis

@mikebelshe Mike, if they were to stay buying USDT, that would drive demand, causing price to jump instantly, perhaps to > $1. So how much would they really make before price jumps? Perhaps not enough to make the process be worth the effort.

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Mike Belshe@mikebelshe·29 Nis

If I were tether / bitfinex, and I believed my own story that every tether is backed by $1, I'd be buying every token I could right now for for $0.978! A risk-free 2% return. Unless I knew it wasn't actually backed, of course.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·19 Nis

@BlatantTroll @krakenfx @binance @ShapeShift_io Any crypto may be hijacked at some $ per hour. Risk of hijack can always be mitigated by waiting for "x" confirmations until hashpower ramps up. There will be a day when BSV will have same hashpower as today's BTC.

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She-Troll 😈@BlatantTroll·19 Nis

@GeneKavner @krakenfx @binance @ShapeShift_io When Bitcoin's hashpower was so low (PS I was around too) ASICs weren't a thing so the cost was still very high. BSV can be hijacked for something around $5-6k/hr currently. That's really affordable. Hence, insecure.

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Kraken@krakenfx·15 Nis

Should Kraken delist Bitcoin SV (BSV)? #delistbsv

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·19 Nis

@BlatantTroll @krakenfx @binance @ShapeShift_io I started with BTC when it had fraction of hash power it has now - was it insecure then? It will have 1000x hashpower in a few years - does that make it insecure now? I would be happy to establish how much min hashpower one must have to be "secure enough", perhaps BSV has enough.

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She-Troll 😈@BlatantTroll·18 Nis

@GeneKavner @krakenfx @binance @ShapeShift_io Seriously?!? Hashpower is security. I wouldn't say BTC has vulnerabilities but more growing pains to overcome.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·19 Nis

@BlatantTroll @krakenfx @binance @ShapeShift_io Sure, and if they decided to just delist based on discussions, that's a respectable decision. Once they issued a poll and decided based on poll results, that's questionable. Will every decision be made based on a poll? What if poll resulted differently? Thanks for discussion! :)

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She-Troll 😈@BlatantTroll·18 Nis

@GeneKavner @krakenfx @binance @ShapeShift_io Agree to disagree. According to the tweet from the CEO, it was something discussed until the recent CSW fiasco.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·19 Nis

@real_vijay @ErikVoorhees There is a critical missing component: "deterministic". Fiat is "C" because it's reversible. Bitcoin is "C" because you can never guarantee tx will confirm. During periods of fluctuating fees one never knows the "right fee" to attach making Bitcoin "D-" for being deterministic.

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Vijay Boyapati@real_vijay·18 Nis

@ErikVoorhees The hardest, most liquid with the best monetary properties. @vijayboyapati/the-bullish-case-for-bitcoin-part-2-of-4-c918977c40f6" target="_blank" rel="nofollow noopener">medium.com/@vijayboyapati…

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Erik Voorhees@ErikVoorhees·18 Nis

Much of the hatred toward other blockchains and crypto projects just comes across as fundamental insecurity about Bitcoin itself. I don't need to shit on other projects in order to feel secure about Bitcoin's power, potency, and future.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·19 Nis

@real_vijay @ErikVoorhees I would rate Bitcoin as "C" in "Divisible". Concept of "dust" is built into software but not price. As price grows, more and more "regular" transactions fall below dust level, making them impractical. For all intents and purposes, Bitcoin is not easily divisible at all.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·18 Nis

@BlatantTroll @krakenfx @binance @ShapeShift_io If it were a business driver, they wouldn't need a poll and I would respect the decision far more. The moment they issued a poll and decided to go with the poll results, it became a mob-mentality decision.

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She-Troll 😈@BlatantTroll·18 Nis

@GeneKavner @krakenfx @binance @ShapeShift_io So how's your no business drivers BS now? twitter.com/jespow/status/…

Jesse Powell@jespow

@_Kevin_Pham @TraceMayer @rogerkver Twitter and our clients confirmed our thinking on this. Team BSV are suing Kraken, our investors, business partners, clients and various well-respected crypto OGs. It should have happened sooner but happy to have community and peer support for the decision.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·18 Nis

@BlatantTroll @krakenfx @binance @ShapeShift_io There is nothing inherent to #BTC that would prevent this, other than way more hashpower in BTC. BTC has its own growing pains and vulnerabilities to overcome, such as crazy fees causing dozens of panicked messages to our Support line. Let markets decide which pro/con is better.

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She-Troll 😈@BlatantTroll·18 Nis

@GeneKavner @krakenfx @binance @ShapeShift_io This is the exact business risk I was talking about. Anything to say? twitter.com/nikzh/status/1…

Nikita Zhavoronkov@nikzh

Whoops! $BSV has experienced yet another reorg, this time 6 (six!) consecutive blocks were orphaned (#578640–578645), this chain included a 128 MB block #578644 🤦‍♂️ The network was basically stuck for 1.5 hours, and this shows that even 6 confirmations are not enough 🤷‍♂️

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·18 Nis

@DeaterBob @moneytrigz @wtogami @Bitcoin I am sure you have checked definition of the word "investment" : dictionary.com/browse/investm…. USD by every definition fails to meet criteria, even if it does lose value far less than the Bolivar. But USD is certainly sustainable.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·18 Nis

@BlatantTroll @krakenfx @binance @ShapeShift_io Of course private companies can do whatever they want. But if their actions are based purely on mob effect, such as a Twitter poll, that is a very dangerous slippery slope for all of us. I doubt that there was any business driver for the Kraken move other than the mob effect.

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She-Troll 😈@BlatantTroll·18 Nis

@GeneKavner @krakenfx @binance @ShapeShift_io No one is stopping you. $BSV hasn't collapsed yet. The free market can do what it wants. Private companies can too. And they have chosen to delist before another OneCoin or BitConnect situation. Blaming the mob is inaccurate.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·18 Nis

@BlatantTroll @krakenfx @binance @ShapeShift_io Anyone from the old financial sector could easily brand the entire crypto space as fraudulently claiming that crypto is money and should be "delisted". Argument you are making could really be used by any mob against you as well. That's why we have freedoms.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·18 Nis

@BlatantTroll @krakenfx @binance @ShapeShift_io You have to recognize that Bitcoin is not copyright protected, so anyone has full right to decide for themselves what is and what is not Bitcoin. I am fully aware of all differences between BTC and BSV and I still want to have the freedom to use or not use BSV as I choose.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·17 Nis

@DeaterBob @moneytrigz @wtogami @Bitcoin US Dollar is sustainable. People have been using it for a hundred years. It is the reserve currency of the world. It is anything but an investment. Challenge all assumptions you make - some may be true, others not.

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·17 Nis

@ImA3STHETIC @iPayYouWallet Thank you for your interest in iPayYou! Please send your ideas to our terrific support staff at: Support@iPayYou.io. We look forward to connecting.

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Deepanshu@Deepanshufit·17 Nis

@iPayYouWallet I need to talk to you guy some business. Any mail address? Where i can directly talk

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·17 Nis

@btcfork @krakenfx @krakenfx has now set the precedent that business decisions will be guided by a Twitter poll. What if a poll results turn out to be "let's close down Kraken"? Will they go to shareholders and say "bummer, we have to liquidate as per poll results"? This is mob rule, not freedom.

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🐭 More financial freedom! use #BitcoinCash #BCH@btcfork·17 Nis

@GeneKavner @krakenfx vitalik.ca/general/2019/0…

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·17 Nis

@BlatantTroll @krakenfx "it was already decided" - by who, the mob? If you personally think BSV is a fraud, then don't trade it or use it. But let every individual for themselves make that decision. What if "they" decide that Bitcoin is fraud? #SlipperySlope

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She-Troll 😈@BlatantTroll·17 Nis

@GeneKavner @krakenfx So you want to support to fraud? The mob didn't decide this. It was already decided. Jesse just wanted to point out the depth of support. #CraigWrightIsAFraud #Faketoshi

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Gene "Make Bitcoin Useful" Kavner@GeneKavner·17 Nis

I may not agree on much with @adam3us but on this one he is right on.

Adam Back@adam3us

unpopular opinion: listing coins should be on technical factors only. IMO many alts/forks/ICOs starting with oneCoin, bitConnnect but many more are not "investable" (I wouldnt buy any of them) but some want to trade them and it's a free world. it shouldn't be a popularity contest

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Keşfet

@Nira_tyra @ipayyouwallet @mikebelshe @BlatantTroll @krakenfx @binance @shapeshift_io @real_vijay