More than the ordinary

It’s insufficient to tip the balance when the time comes for someone to pay or transact. A cryptocurrency needs to offer more if it is to attain mass adoption.

Thankfully, BSV is uniquely able to provide a solution! It adds value, through a global data ledger, with the capacity-to-signal quality that underpins its various applications.

It also delivers advantages by allowing users to retain control of their data and solves the issues associated with free goods and the tragedy of the commons – where individual users act independently in a shared-resources system based on their own self-interest, which currently plagues user experience on the internet – as it syncronises value transactions with goods and services.

It enhances this strategic advantage by embedding services within the blockchain simply and in a format to which we are all accustomed, so much so that the data and the payment aspects of the service are one and the same.

Now as a comparison, consider if an application as ubiquitous as email was built on the BSV protocol. While users may not understand the mechanisms behind how email works, they know it works and how to use it. More importantly, they trust the technology. If applications, with similar utility and reach as email were built on the BSV protocol, no “leap of faith” into this new technology would be required to drive the adoption and usage of BSV as money.

Many would like to see non-government dominated, and non-inflationary money implemented into our deeply established systems, but to get everyone to switch to this new paradigm is extremely difficult. Therefore, a necessary step in the proliferation of BSV as currency will be building end-user trust and acceptance through the availability of useful applications and services, built on the protocol.