bitkas

@dailygoat I disagree with your view of kaspa, being the unit of spend

This is probably a fair statement altho I’d amend it to “decentralized digital currency Holy Trinity”. The categorization essentially boils down to the observation that there ate only 3 digital currencies the world really NEEDS in virtual terms of necessity: $BTC (since it’s so integrated into markets now they can’t function without it); $ZEC (for privacy protection - think of it like a Swiss bank account); and $KAS (for speed and therefore finance and spending). Each crypto carries its own unique value proposition. Bitcoin, as said, is so widely integrated that the digital currency universe uses it as a baseline for value ascription - almost every exchange transaction is tied into Bitcoin’s value at some level (and that will be the case for at least a very long time). It’s the gold of crypto. Then there’s ZEC, which is like the offshore solution - it’s really a banking facility more than it is a coin per se. You can’t run big money solutions without some form of private savings facility and the Electric Coin Company, which is ZECs developer, provides this service for a fee. Then there’s KAS, which is the silver of crypto- this is the monetary unit you spend, that finances next generational building of the digital currency ecosystem etc. Almost every other coin is a copy of these or an attempt to be these, or its a memecoin (which is sort of like a subprime-heavy mortgage backed security, if we extend the analogy). Coins such as $SOL, while they have a place as facilitators of these subprime-mortgage-type assets; are essentially a form of credit. That doesn’t make SOL not valuable, but it doesn’t make it core monetary value either. In other words, SOL kind of like a credit swap, which means it’s non-core, “broad cash” in crypto parlance. Of the Holy Trinity, KAS is the most interesting simply because we haven’t even begun to build out the wider digital economy as a real digital spend-and-finance global economy yet, and the market is presently unaware there’s even an asset for this pivotal development since it can’t see it. When that realization catches on, it’ll be a whole other story.

The U.S. Dollar has lost 30% of its purchasing power over the last six years

Price targets are like porn, fun whilst exploring but not very realistic $BTC #Bitcoin

@shaguncrypto time horizon, hes probably expecting this quicker than it will actually occur

A friend consider investing his entire $20,000 monthly income into $MSTR. He said, if Bitcoin will 2x, $MSTR will 4x. What am I missing? 🤔

@zerogaig3r @steve_noretsu80 bitcoin digital gold, store of value ethereum smart contract settlement layer, DeFi, instructional trust xrp regulatory clarity, banking integrations, and cross-border settlement niche these are the narratives, whether true or achieved is another question

@Return_of_Money @steve_noretsu80 Following on your comment people know why they hold.., why do you think people hold, this is just a casual conversation for learning purposes: bitcoin.. ethereum... xrp..

If #kaspa is marketed as a fast blockdag it will likely fail, there are so many PoS high speed blockchains If #kaspa is marketed as an approvement to bitcoin consensus, fulfilling satoshi vision, im not sure this is a good message either, given BSV and the many bitcoin forks I understand the $KAS tech so I don't need a lecture here, but how do you position #Kaspa to the investor, why should they hold? I think #Kaspa has a brand / marketing problem, not tech problem

I think I have come to the realisation that the message for the #kaspa community to drive home is that kaspa has the potential to be a very good layer 1 with the user experience of projects like solana but on a PoW consensus the key is PoW, does the world want to use a layer 1 thats more physics and maths based or one thats more political and governed I know what I prefer $KAS

I prefer the narrative that Kaspa is for you if you believe PoW is the best consensus there are other PoW coins but none that can do what kaspa can thus meaning we have digital gold in bitcoin but for a real functioning layer 1 to compete with PoS projects like Solana etc you have the potential in kaspa this should be the message

@Return_of_Money @bookofkas What are you a fan of?

@bookofkas i think the argument is why should that happen on PoW, thats the message that needs to be pushed, because all of what you just mentioned can be done already why is it vital that this is done via a PoW network, thats what the narrative is PoW versus PoS / other protocols

@Return_of_Money Its not a narrative its happening in real time the Satoshi vision A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."

math + physics (PoW) politics + governance (PoS) $BTC $KAS

@e77st thanks for your view, I think 4. where you mention the fighting with $btc holders is one of the biggest mistakes the community is making

@Return_of_Money 1 Biggest problem is greed &rapid emission 2 No T1 listings & No app devs /protracted work on Rusty/Crescendo without SC &stables 3 Perps manipulations & shaving miners/holders 4 #kaspa 🤡shillers started a fight against $BTC instead of shifting their focus to older PoWs chains

@steve_noretsu80 the tech is insane which is why i am studying it, i just want to know why you should hold kaspa people know why they hold bitcoin, ethereum, xrp even... there are narratives behind them, belief systems i find that kaspa has an identity issue, not a tech issue

@Return_of_Money It is a coordinaton protocol to the digital economy. everything you mentioned is just secondary because it can sequence using pow and not some pos centralized authority.

@5apere4ude tech wise kaspa is pretty much perfect just needs adoption, no disputing that although i still think it needs focus

@Return_of_Money $KAS makes 90% of cryptocurrencies technologically obsolete. But nobody wants to hear that either. It's difficult to focus on only one topic like AI & $TAO

@bookofkas im not a fan of this narrative

@Return_of_Money "I don't think holding is the answer for Kaspa. It's about making everyday purchases decentralized: no layer 2,no middleman, no bank, no exchange, no expensive slippage, no failed transactions, and no VC back doors. Just really easy-to-use, instant, peer-to-peer cash."

@XSeyvion yes i think this is the biggest issue, holding bitcoin is extremely simple and easy to understand it wasnt always that way though, so perhaps kaspa is just early in its journey

I think the issue for Kaspa is the marketing and the narrative. Amazing tech but the average Joe smo doesn’t really know what it’s for TBH . The narrative changed so many times If you’re speaking to everyone you’re speaking to no one . Its value needs to be communicated clearly where people can understand and would want to use it .

@jwrKAS I agree that 99% of crypto projects are going to 0

@Return_of_Money Well $KAS makes the rest of crypto obsolete. Time to put a bunch of shit out to pasture

interestingly not one person has said the same narrative, this does remind me of an early #bitcoin where it was extremely difficult to explain its 'purpose' the tech for #kaspa is pretty mind blowing, I just think the community needs to get behind something because right now it feels a bit scattered i have also seen $kas community treating bitcoiners pretty badly, its an odd approach because in my eyes those who understand bitcoin are the ideal target market for kaspa

they have to, I dont think they're being fourthcoming about the decline in google search and the rise of ai chat replacing it I ask ai most things now rather than googling, what happens if these ai companies make a second depositary of google meaning all its websites and data take away search and its pretty much game over, attention is moving youtube will be more valuable than google, so they have that at least

Wow. Google is willing to risk the entire company to win the AI race

@Classicxbt @brt2412 im thinking brand, whats the reason for holding bitcoin is digital gold, ethereum is supposedly the smart contract layer, even xrp holders have their reasons kaspa tech is amazing but what is its purpose, what is the narrative

@Return_of_Money @brt2412 That’s the thing. They’re pos

@KaspaSilver @hashdag the little brother to bitcoin is exactly the right narrative I think

"(outside the money base!)" - @hashdag It was never just about fixing the money $KAS what if we can fix more?...

@Kaspanero @KaspaKii god i hate this

Kaspa usecase in Aerospace: Satellite operations. mission control. space communications. deep-space exploration. For the first time in history, $KAS is breaking past Earth's boundaries to test network decentralization directly from orbit. @KaspaKii This is just the beginning.