2P+
Multi Player
8 subscribers

UGIB Users Group of Independent Bitcoiners

In the logo, Network Value is layered over and feeds off of Asset Value in dual infinite virtuous cycles.
This User Group is for the original Bitcoin system 

Rules

Please follow the rules below:
No plan to mod, just don’t spam it, thanks
blog
Posts
@bpm
1 week ago
Welcome all original Bitconers to the Users’ Group on powping. The sat owner has a place. Choose your apps wisely. Know who really wants to put customers first. Vote your business in the marketplace.
0
0 USD
@bpm
1 week ago
Sat owners generally have purchased somebody else’s proof of work. Miners generally have needed to recover costs if they don’t have excess capital themselves. The market demand of the sat owner preserves and enhances the amount of capital inside of the Bitcoin economy. The more capital inside of the Bitcoin economy, the greater and more quickly that adoption and usage will grow. This creates more self-interested sat owners who are absorbing proof of work costs and creating free-floating inves
[more]
0
0 USD
@bpm
1 week ago
SAT value is NOT an obstruction to value in BSV. Rather it creates value 100x because it is investment capital inside the Bitcoin economy. This is greatly needed. Don't buy the ridiculous lie that Bitcoin needs to adopt an alternate Free Rider of State system layered on it to succeed.
0
0 USD
@bpm
1 week ago
SAT value is what motivates users to on-board themselves. Asset self-interest is the X-factor to defeating legacy cloud apps.
0
0 USD
@bpm
1 week ago
1
0 USD
@bpm
1 week ago
0
0 USD
@bpm
1 week ago
A core thesis of this Users Group is that these ideas of developers focused on hash dominance rather than their customers might not only bleed out your sat value, these ideas bleed into how you are likely to be treated as a customer and user.
0
0 USD
@bpm
2 weeks ago
This here is a primary proponent of 0 sats held in UTXO. I claim this enables a Free Rider of state system that will yield a race to the bottom on the network and destroy sat / BSV value I don’t know what he expected BSV users who own BSV to do with this, but it wasn’t a rash moment. This narrative continued for weeks. There appears to a backstory of these developer ideas going back to 2019. My suggestion is to red flag 🚩 use of bitping, BitcoinFiles , twetch chat , twetch NFT and to yellow
[more]
0
0.01 USD
@bpm
2 weeks ago
Let's start with some distinctions: Developers work on creating and enhancing apps that use bitcoin in some way. Somewhere in there is a business and a business case. BSV Users are looking at apps and using them to get value for themselves, either personal value or monetary value or for business. A business built for you to be a customer or to be a participant in some service is going to put you as primary mission. This User Group is created to support that win-win vision. We want to find
[more]
0
0.01 USD