My opinion: BSV is The Real Bitcoin!

I Am OVER IT
2 Mar 202412:39

Summary

TLDRThe speaker passionately reaffirms their belief in Bitcoin Satoshi Vision (BSV), recounting their journey into the world of Bitcoin through a mentor's influence and the transformative impact it had on their life. They emphasize that despite their success with BTC, their conviction lies with BSV due to its adherence to the original Bitcoin white paper's vision. Highlighting Dr. Craig Wright's controversial claim to be Satoshi Nakamoto, the video delves into the legal battles surrounding BSV, predicting a significant shift in the cryptocurrency landscape if Wright wins his case. The speaker shares their personal experience with BSV's efficiency and scalability, contrasting it with BTC's limitations, and expresses a bold prediction that BSV will eventually surpass BTC in value and utility.

Takeaways

  • 🙂 The speaker reaffirms their belief in Bitcoin Satoshi Vision (BSV), unchanged from their previous discussions.
  • 💬 Shares a personal journey into cryptocurrency, starting with BTC, influenced by a mentor who has since passed away.
  • 💰 Describes initial investment in BTC at around $10, highlighting the positive financial outcomes experienced.
  • 📖 Emphasizes multiple readings of the white paper, suggesting BTC today does not align with the original vision outlined in the document.
  • 🛡‍💻 Portrays Dr. Craig Wright's battle in the cryptocurrency space as a 'David versus Goliath' scenario, sympathizing with Wright's position.
  • 🔮 Speculates on the collective pseudonym 'Satoshi Nakamoto' representing a group of cryptographers and mathematicians behind Bitcoin.
  • 💵 Shares a personal anecdote about receiving a small amount of BSV from a fork, highlighting the efficiency and low cost of transactions.
  • 🚨 Discusses the challenges BSV faces, including being delisted from exchanges, attributing it to an orchestrated campaign against Dr. Craig Wright.
  • 🔥 Predicts a significant shift in the cryptocurrency landscape if Dr. Craig Wright wins his case, potentially redefining the naming and perceived value of BTC and BSV.
  • 💡 Advocates for BSV's scalability and utility, contrasting it with BTC's limitations, and expresses a strong belief in BSV's future success and dominance over BTC.

Q & A

  • What is the speaker's perspective on Bitcoin Satoshi Vision (BSV)?

    -The speaker believes strongly in Bitcoin Satoshi Vision (BSV) and supports its framework and potential in the cryptocurrency space.

  • How did the speaker first get involved in cryptocurrency?

    -The speaker got involved in cryptocurrency through the influence of an individual named MTO, whose passing deeply affected them.

  • What is the speaker's stance on giving financial advice in the video?

    -The speaker clearly states that nothing in the video should be taken as financial advice and that they are not a financial advisor.

  • What discrepancy does the speaker highlight between BTC as discussed in the white paper and the current BTC?

    -The speaker points out that the BTC discussed in the white paper is different from the current BTC, suggesting that the original vision for Bitcoin has deviated over time.

  • What legal battle involving Dr. Craig Wright does the speaker mention?

    -The speaker mentions Dr. Craig Wright's court case against the Cryptocurrency Open Patent Alliance (COPA), regarding whether BSV aligns with the original Bitcoin white paper.

  • What are the speaker's predictions if Dr. Craig Wright wins his court case?

    -The speaker believes that if Dr. Craig Wright wins, the cryptocurrency space will change dramatically, with possible renaming of BSV and other cryptocurrencies.

  • What is the speaker's personal experience with BSV transactions?

    -The speaker describes their experience with BSV transactions as fast and cheap, comparing the speed to other cryptocurrencies like XRP and XLM.

  • How does the speaker view the scalability and utility of BSV compared to BTC?

    -The speaker believes BSV is infinitely scalable and more versatile than BTC, allowing for applications, companies, and NFTs to operate on its blockchain.

  • What is the speaker's investment stance on BSV?

    -The speaker is all-in on BSV, believing it to be the real Bitcoin as intended in the original white paper and expects its value to increase significantly.

  • What future does the speaker foresee for BSV and its holders?

    -The speaker believes that owning a whole BSV will be considered fortunate in the future and expects BSV to adopt the high valuation predictions initially made for BTC.

Outlines

00:00

💡 Affirmation of Bitcoin Satoshi Vision

The speaker reiterates their belief in Bitcoin Satoshi Vision (BSV), recalling how their journey into the world of Bitcoin began through an influential figure, MTO. Despite MTO's passing, the speaker credits him for their entry into cryptocurrency, which significantly impacted their life. They share their initial investment in Bitcoin at a low price and their success with it, clarifying that none of their content should be taken as financial advice. The speaker expresses skepticism about the mainstream narrative around BTC, aligning more with the principles outlined in the original Bitcoin white paper, which they believe BSV adheres to more closely. They describe BSV's efficiency in transactions, drawing a comparison to their experience with BTC and highlighting the differences in transaction speeds and costs.

05:00

🚀 Personal Experience and Market Observations

The speaker recounts a personal anecdote where they received a small amount of BSV due to a fork while holding BTC on an exchange. This incident led them to experience the efficiency of BSV transactions firsthand, with low costs and high speed, akin to other cryptocurrencies like XRP and XLM. Despite BSV's technological advantages, the speaker notes its limited availability due to widespread delisting and perceives an orchestrated campaign against Dr. Craig Wright, a pivotal figure in the BSV community. They touch upon the ongoing legal battle involving Wright and the potential implications for the cryptocurrency space if Wright prevails, particularly how it could redefine the identity of Bitcoin in line with the original white paper's vision.

10:02

🌐 Shifting Allegiances and Future Predictions

The speaker reflects on their evolving perspective towards Bitcoin, transitioning from an advocate for BTC to a staunch supporter of BSV, which they believe aligns more closely with the original intent of Bitcoin as outlined in the white paper. They share their conviction in BSV's future success and scalability, envisioning a scenario where BSV surpasses BTC in value and utility. The speaker predicts that owning a whole BSV will become a coveted achievement due to its anticipated appreciation in value and utility in various applications, contrasting with BTC's limited functionality. They conclude with a hopeful outlook for BSV, highlighting its adoption by companies like IBM and its potential to revolutionize the blockchain space.

Mindmap

Keywords

💡Bitcoin Satoshi Vision (BSV)

Bitcoin Satoshi Vision (BSV) is a cryptocurrency that originated from a fork of Bitcoin Cash, which itself is a fork of Bitcoin. It aims to adhere more closely to the original vision for Bitcoin as outlined by Satoshi Nakamoto, the pseudonymous creator of Bitcoin. In the video, the speaker expresses strong belief in BSV, emphasizing its adherence to the original Bitcoin white paper's principles, notably in terms of scalability and utility for applications beyond simple transactions.

💡Satoshi Nakamoto

Satoshi Nakamoto is the pseudonym used by the person or group of people who created Bitcoin. The identity of Satoshi Nakamoto remains unknown. In the script, the speaker discusses the speculation that Craig Wright, among others, could be Satoshi Nakamoto or part of a group that created Bitcoin. The term highlights the ongoing mystery surrounding Bitcoin's origins and the significance of the foundational white paper.

💡White Paper

The Bitcoin white paper is a document titled 'Bitcoin: A Peer-to-Peer Electronic Cash System,' published by Satoshi Nakamoto in 2008. It outlines the concept and technical workings of Bitcoin. The speaker in the video references reading the white paper multiple times, using it to argue that BSV, rather than BTC, aligns with Nakamoto's original vision, especially regarding scalability and application development.

💡Craig Wright

Craig Wright is a controversial figure who has claimed to be Satoshi Nakamoto. The speaker views Wright's legal battles and his role in developing BSV as a 'David versus Goliath' scenario, portraying him as an underdog fighting against the larger cryptocurrency community. This perspective reflects the divisive opinions about Wright within the crypto space.

💡Fork

A fork in the context of blockchain technology is a change to the protocol that results in two diverging paths, one following the old protocol and the other adopting the new. The speaker discusses BSV's origin as a fork, highlighting the concept's role in the evolution and diversification of cryptocurrencies.

💡Scalability

Scalability refers to a cryptocurrency network's ability to handle a growing amount of transactions. The speaker praises BSV for its scalability, contrasting it with BTC's limitations. This is central to the argument that BSV is more in line with the original Bitcoin white paper, particularly regarding its potential for widespread application and utility.

💡Cryptocurrency Open Patent Alliance (COPA)

COPA is mentioned in the context of legal battles involving Craig Wright and the broader cryptocurrency community. The Alliance's involvement in litigation against Wright is used to illustrate the opposition he faces. This concept is crucial for understanding the legal and communal challenges in the cryptocurrency ecosystem.

💡Investment

The speaker discusses their own investment in BTC and BSV, emphasizing the financial aspects of cryptocurrencies. This includes the potential for significant returns, as well as the risks involved. The term 'investment' is used to frame cryptocurrencies not just as technological innovations, but as financial assets that can appreciate in value.

💡Transaction Speed and Cost

The speaker compares the speed and cost of transactions across different cryptocurrencies, highlighting BSV's efficiency and low cost. This comparison is used to argue for BSV's practical advantages over BTC, particularly in terms of usability for everyday transactions and applications.

💡Flippening

The term 'flippening' refers to a hypothetical event where one cryptocurrency surpasses another in market capitalization. The speaker predicts that BSV will 'flip' BTC, overtaking it in value and usage. This concept underscores the competitive and speculative nature of the cryptocurrency market, as well as the speaker's bullish outlook on BSV.

Highlights

The speaker maintains their belief in Bitcoin Satoshi Vision (BSV) as unchanged.

Mention of the speaker's emotional connection to BTC through a mentor's influence.

Discussion on the speaker's financial success with BTC starting from a low purchase price.

Clarification that the video is not financial advice but a personal cryptocurrency perspective.

The speaker's engagement with the original Bitcoin white paper and its interpretation.

Assertion that BTC does not align with the white paper's description of Bitcoin.

Sympathy for Dr. Craig Wright's situation described as a 'David vs Goliath' scenario.

Skepticism around the true identity of Satoshi Nakamoto, suggesting a group effort.

A personal anecdote on receiving BSV from a fork and experiencing its fast transaction speed.

Comparison of BSV's transaction capabilities to other cryptocurrencies like XRP and XLM.

Discussion on the marginalization of BSV in the market and platforms.

Anticipation of a significant court case involving Dr. Craig Wright and its impact on cryptocurrency naming conventions.

The speaker's investment in BSV and optimism about its future performance.

Belief in BSV's potential to surpass BTC in value and utility.

Advocacy for BSV based on its alignment with the original Bitcoin white paper and its scalability.

Transcripts

play00:01

absolutely uh nothing has changed since

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my last Channel when I talked about

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Bitcoin Satoshi Vision nothing has

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changed I still believe in uh Bitcoin

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Satoshi

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Vision it's it's it's

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um those of you who've been around my

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channel you know that I got my start

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into the whole

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Bitcoin thing with uh mention one

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MTO rest in peace he has he has been

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passed away I think it's a couple of

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years so far and um it was a magical

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time for me and I I did a video uh uh

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crying over the man's passing because

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the man meant so much to me and his

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getting me into the world of

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BTC uh really uh changed my life it

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really got me a lot of great experiences

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uh I bought into BTC when it was um 10

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and something I

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believe and um I did well with

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it but uh along the

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way none of what you hear in this video

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is financial advice whatever I am not a

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financial advisor I'm not telling you to

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buy anything or to trade anything or to

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do anything I'm just sharing my my my

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little cryptocurrency soapbox here okay

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just want to get that correct with you I

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actually uh read the white paper many

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times those of you who've been are on my

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channel You' you've seen me reading the

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white paper to you I haven't read the

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white paper in a long

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time

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um this is not going to be a a really

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deep

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in depth video because I have talked

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about this

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before but when you read the white

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paper

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and you see what BTC is BTC is

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not the Bitcoin that is talked about in

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the white paper there's been plenty of

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stories of how this BTC took off and

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gain control I I

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um I'm not sure about a lot of these

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stories let me just say this that

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what Dr Craig Wright is experiencing in

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my

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estimation is a classic David versus

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Goliath scenario that's exactly what I

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feel that he's going through he is

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literally it is him against the world

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and the world

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is lying on him now will I say that he

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is Satoshi Nakamoto Satoshi Nakamoto is

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a fake name I think we all understand

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this by now I believe that it's it's

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it's like four or five guys that are

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cryptographers and mathematicians and

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they all came up with this thing that we

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call Bitcoin okay

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so all I could say like I said I'm

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trying not to make this too long is I

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had um I can't remember cuz it it was a

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couple of years ago

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um I had a little bit of

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it I can't remember the exact details of

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it off this one exchange I think it was

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like like uh uh you know uh forking and

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and uh so you had a little bit if you

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had a little bit of BTC on the exchange

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then they then they contact Ed you and

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said well you have a little bit of bsv

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oh okay and I did it it it wasn't a lot

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it was just a little bit of a amount so

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I took it or I think it was like $5

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worth of bsv right so I took it off the

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exchange and I sent it to a wallet that

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I had at the

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time and

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literally it was less than pennies to

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send it got to my wallet and it

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confirmed within seconds it was

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absolutely 100% amazing and I was

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shocked I was like wow this is this is I

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I don't know what speed it was but it it

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it it looked the same as if if you send

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xrp it looked the same as if you send

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xlm it was that fast you cannot do that

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with uh BTC you cannot do that with

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BTC depending on the the network the

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congestion whatever you didn't send

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enough money uh a fee to send your BTC

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along it could take minutes it could

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take hours it could take days we've all

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been there those of us have been

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there in this space for a long time you

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know what I'm saying mine was

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what was it 201

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15ish

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right

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so I was

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shocked but I never went any further

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with it because you know um it

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is just about um delisted

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everywhere you damn near can't buy

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it anywhere like you can buy BT

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because this is an orchestrated campaign

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against Dr Craig Wright which like I

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said I'll I'll do some videos later

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on um all I can

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say is that once

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again uh every the whole world

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knew about Ripple's court

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case

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and we all knew that they were going to

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win those of us who who've been in xrp

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as long as I been in but the whole world

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does not know that Dr Craig Wright is in

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court right now with the Copa Alliance

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the cryptocurrency open patent Alliance

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and that is it used to be coinbase

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coinbase dropped

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out um and this case is going to be

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concluded next month it started January

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it is probably going to be over in April

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if he wins

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and he can I think the case if I

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remember correctly

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is is

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bsv uh the Bitcoin according to the

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white

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paper and I would

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say by my own experience

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absolutely if he

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wins the whole cryptocurrency Space is

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going to Forever

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change uh the name names of these things

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that you see I think Dr Craig Wright has

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already stated that bsv Bitcoin Satoshi

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vision is going to be bit and BTC would

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have to be changed to probably BTC

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core and everything else would change

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too B Bitcoin cash would probably the

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name would have to be changed and

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whatnot and and you you can briefly see

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that its alltime high was 4

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$9.75

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2021 right it's doing pretty good I

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started buying

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um I started oh yeah I started buying

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this when it was $30 so I'm I'm up

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pretty good 26% all I could say is um

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once again I'm not telling you what to

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do I am thoroughly

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convinced that he's going to win his

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case

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and I'm also thoroughly convinced that

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bsv is going to flip BTC I know this

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sounds crazy there is very few people

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talking about this very very very few

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people talking about this I think that

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bsv is going to flip BTC and I believe

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that it's going to it's going to hurt a

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lot of people of course you know cuz we

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have some BTC

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billionaires out there we have some BTC

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100 millionaires out there these people

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are big

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balling

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right and uh not only that closing it

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out uh when you read the white paper you

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were you were supposed to do everything

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with this it was not supposed to be this

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store value narrative that the BTC

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Pumpers are talking about no you were

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supposed to be able

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to uh

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launch applications on this you would

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supposed to be able to build your whole

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entire company inside of the inside of

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the BTC which is the Bitcoin Satoshi

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Vision blockchain you can't do that in

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BTC what what what is it have a 5

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megabyte block limit right now you can't

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do that on

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BTC right the most you can do is send a

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simple message when you send a little

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bit of BTC from one wallet to another hi

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I'm sending this to you for lunch money

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that's all you can do you can't

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build nfts and all these other stuff on

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BTC it's not scalable like bsv is

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bsv is going to get to be infinitely

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scalable so it's amazing the flip in my

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own life right I was one of the first

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people well early people that was saying

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Hey try a little BTC now I'm done with

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BTC BTC is the basic test coin that's

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exactly what it is it has done

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remarkably well it has it has lifted up

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a lot of people from

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poverty right it has been a remarkable

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investment but I believe bsv is the real

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Bitcoin according to the white paper and

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I am Allin I'm Allin

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it kind of feels like 2015 all over

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again it really does to be able to be

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one of the few people to own one

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whole Bitcoin which is

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bsv I I believe this is going to be

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unaffordable in the future I believe

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that people are going to be shocked

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they're going to be like wow you own you

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own one whole bsv yes wow you are lucky

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you are lucky and not only that closing

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this out once again all the Fantastic

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numbers that they've thrown out for big

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for for uh BTC you know uh London reel

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talked about it would it would maintain

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a high stable price between 4 to 5

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million transfer all those numbers in my

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belief system over to

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bsv and you got winner winner chicken

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dinner

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you already have uh big what is it IBM I

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believe I saw the video is already using

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the bsv blockchain there if you if if

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you type in bsv in YouTube You're Going

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to see a bunch of companies that are

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using the blockchain to build their

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businesses inside of you know scalable

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infinitely scalable cheap as hell

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peer-to-peer

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you can put applications on there uh you

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know what more is there to say go bsv go

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xrp as well too