And another addition - Kaspa is still in beta, essentially. DAGKnight and 10, 32, 100 BPS is still upcoming! It’s priced at a massive discount right now considering this. But as these updates roll out, the market will readjust Kaspa’s price, and it will be many multitudes higher than it is now.
Thank you. Can you please explain why Japanese government planning to adopt XRP for 80% of all transactions? How does Kaspa compete if the government intention is to centralised for control? I'm drawn to Kaspa but would love to hear your insights. Thank you.
Something becomes a Medium of Exchange when People adopt it based on their individual preferences. XRP is not fair Launched and highly centralized. The chart clearly shows that there has been no growing adoption from the market. Governments also don't need it because it doesn't provide any benefit over existing systems they have. Ripple the company behind XRP spends a lot of money on lobbying but I don't think they're gonna be successful
Lets assume Kaspa really works and there are no further updates for Lightning or new second layers for Bitcoin that solve current issues. Dont you see any risk in people just implementing a copy of Kaspa as a second layer for Bitcoin? It would make the original Kaspa irrelevant on the spot because there would be no incentive to leave the by far largest network (Bitcoin) to join Kaspa, wich is a much, much smaller network. Why would anyone do that if the functionality is copied on Bitcoin? And it will be copied on Bitcoin for sure, if it turns out that the concept works.
If Kaspa truly is the superior technology the incentive is for people to switch to Kaspa as fast as possible. Also Kaspa is still being developed so hardforking Bitcoin now wouldn't make sense. By the time all Bitcoin miners would decide to do the hardfork it would most likely be too late anyways. Think about it this way: Even if Internet Explorer would've copied Chrome back when it had more Users (which the later Browser Version from Microsoft did) they still lost to Google.
@@thelibertytrade I dont think that internet browsers are a fitting example because they are only an access point for the same network and therefore are not limited by the network effect. Kaspa is more like a second internet while Bitcoin is the original internet everyone already uses. A new internet with significantly less users would have a hard time establishing itself, even if it had advantages over the original one. Bitcoin is by far the most established crypto of all. Its the only one that everyone in the world knows about, it has the longest history, its the only one that has an established mining industry built around it, its the only one that is already established in traditional financial markets, its the only one that is taken seriously by politics, it is the seventh largest asset by market cap worldwide and it has a larger market cap than every other crypto combined. Kaspa on the other hand is widely unknown by people outside the crypto bubble, its way too young to even tell if the concept will work in practice, its hashrate is insignificant compared to Bitcoin, its market cap is insignificant compared to Bitcoin, no one in traditional finance or politics has ever talked about Kaspa while they are already adopting Bitcoin and so on. I dont see Kaspa catching up with Bitcoin anytime soon. Bitcoin is the by far most relevant network and has had such a huge head start, that it is very unlikely for any "new guy" to ever overtake Bitcoin in the future. Especially when you consider that Bitcoin could easily copy Kaspas advantage if it turns out to really be one.
Um... I think you forget that Bitcoin is an open source network and will adopt more efficient systems if it needs to, Tap root, Lightning, every single update it has every adopted etc... The Network Dominance is much more powerful than you think. I think you are being scammed into this ecosystem because you cannot speak English that well... Please Tom, 150 hours of research is nothing compared to the tens of thousands of hours it requires to understand the economics of everything... Individually... So that's hundreds of subjects you'd need to put tens of thousands of hours on. Your ignorance will lead to people getting harmed. Don't regurgitate a subject that someone hands off to you, think for yourself. If you are a military instilled drone, I fear for your life when you become self aware. Don't take this personally. I fear for your well being in this space. This is coming from someone who has been in Bitcoin since 2010. Bitcoiners care, we are not just Maxi's.
I've been looking into Austrian economics for 3 years. I've read Capitalism and Freedom, Schumpeter, mises, Rotbard, ayn rand and other books on world history and politics. I did a solid month of research on Kaspa alone with 2 hours each day. Bitcoins transactions can never be settled on the layer 1. This is a mathematical limitation that I demonstrated in the video. This ruins the incentives (encouraging fractional reserve). So I think I did my research.
ENOUGH OF THIS KASPA GUYS.No point investing in that-not in miners not in tokens-its obvious-so far should be like atleast 0.50 c but really dont think will happend.I also HOPE that this will begin -risin the price and all of the boys that advertising kaspa in youtube and everywhere are right but so far they just look like theyve got payed to do videos so we can buy more and more
You putting your money where your mouth is? Have you ditched all your BTC for Kaspa? The reason Kaspa will never outshine BTC, no matter how much "better" the tokenomics are, is because, frankly, nobody gives a shit about Kaspa. BTC has stood the test of time and printed a new ATH every single new cycle. 99.9% of Altcoins didnt. So im happily gonna stack Sats
Kaspa is a both a better store of value and medium of exchange than Bitcoin. Therefore in the long run, it will defeat Bitcoins Network Effect. Kaspa can't be compared to any other Altcoin, because it follows it's own Power Law (Price independent from Bitcoin) and is the first coin to solve the trilemma. As I said, I've 70% of my Crypto Portfolio in Kaspa, sold all my Bitcoin and adapted the superior monetary technology. You do what you believe in, but I don't think you've done your research on Kaspa.
Kaspa has rapid disinflation of its current 12% inflation which funds its mining security. Yet it doesn't have any fee paying users other than its own miners. So it's doomed,
Do you realize how big the RWA market is? Also running a node by institutions and users to secure their invewtments just like banks secure their investments. Not hard to run a node and cheap vs btc.
I use to be a btc maxi for years. Now i am a kaspa maxi.
These Bitcoin maxis are becoming toxic and delusional. Thank God someone has done the research.
You did the research. 🔬 You get it. Good job 👍
Great job!! Kaspa solves the trilemma 💰
Just buy kaspa now, hold and forget
keep the videos coming, good start!
And another addition - Kaspa is still in beta, essentially. DAGKnight and 10, 32, 100 BPS is still upcoming! It’s priced at a massive discount right now considering this. But as these updates roll out, the market will readjust Kaspa’s price, and it will be many multitudes higher than it is now.
Great video man, I’ve been doing research too but this is just about perfect hahah
Kaspa Is king 👑 ! 💚💚💚
Well done! Keep up the good work
Good for you we still early
Brilliant video🎉🎉 keep em coming 💯🔥
Really greate video. Very informative.
Subscribed. Welcome to the club.
Thank you. Can you please explain why Japanese government planning to adopt XRP for 80% of all transactions? How does Kaspa compete if the government intention is to centralised for control? I'm drawn to Kaspa but would love to hear your insights. Thank you.
Or, is XRP a digital fiat?
Something becomes a Medium of Exchange when People adopt it based on their individual preferences.
XRP is not fair Launched and highly centralized. The chart clearly shows that there has been no growing adoption from the market.
Governments also don't need it because it doesn't provide any benefit over existing systems they have. Ripple the company behind XRP spends a lot of money on lobbying but I don't think they're gonna be successful
What’s the difference between kaspa and iota?
KAS
Agree with you on KAS
RENDER is by far better than TAO tho
Good job 👏 😊
Kaspa is king 🤴 😊
Brilliant video!
Lets assume Kaspa really works and there are no further updates for Lightning or new second layers for Bitcoin that solve current issues. Dont you see any risk in people just implementing a copy of Kaspa as a second layer for Bitcoin? It would make the original Kaspa irrelevant on the spot because there would be no incentive to leave the by far largest network (Bitcoin) to join Kaspa, wich is a much, much smaller network. Why would anyone do that if the functionality is copied on Bitcoin? And it will be copied on Bitcoin for sure, if it turns out that the concept works.
If Kaspa truly is the superior technology the incentive is for people to switch to Kaspa as fast as possible.
Also Kaspa is still being developed so hardforking Bitcoin now wouldn't make sense. By the time all Bitcoin miners would decide to do the hardfork it would most likely be too late anyways.
Think about it this way: Even if Internet Explorer would've copied Chrome back when it had more Users (which the later Browser Version from Microsoft did) they still lost to Google.
@@thelibertytrade I dont think that internet browsers are a fitting example because they are only an access point for the same network and therefore are not limited by the network effect.
Kaspa is more like a second internet while Bitcoin is the original internet everyone already uses. A new internet with significantly less users would have a hard time establishing itself, even if it had advantages over the original one.
Bitcoin is by far the most established crypto of all. Its the only one that everyone in the world knows about, it has the longest history, its the only one that has an established mining industry built around it, its the only one that is already established in traditional financial markets, its the only one that is taken seriously by politics, it is the seventh largest asset by market cap worldwide and it has a larger market cap than every other crypto combined.
Kaspa on the other hand is widely unknown by people outside the crypto bubble, its way too young to even tell if the concept will work in practice, its hashrate is insignificant compared to Bitcoin, its market cap is insignificant compared to Bitcoin, no one in traditional finance or politics has ever talked about Kaspa while they are already adopting Bitcoin and so on.
I dont see Kaspa catching up with Bitcoin anytime soon. Bitcoin is the by far most relevant network and has had such a huge head start, that it is very unlikely for any "new guy" to ever overtake Bitcoin in the future. Especially when you consider that Bitcoin could easily copy Kaspas advantage if it turns out to really be one.
Kaspa security is highly questionable. And so is DAG security.
😂😂😂
kaspa does not solve the scalability problem, as it has no block size limit, meaning its blockchain can easily be spammed with small transactions
There are transaction fees and pruning with UTXOs
said nothing about scalability, decentralization and security of Kaspa
lets see it reach 10 billion mc
I kjke your courage
I hope you’re telling the truth
Um... I think you forget that Bitcoin is an open source network and will adopt more efficient systems if it needs to, Tap root, Lightning, every single update it has every adopted etc... The Network Dominance is much more powerful than you think. I think you are being scammed into this ecosystem because you cannot speak English that well... Please Tom, 150 hours of research is nothing compared to the tens of thousands of hours it requires to understand the economics of everything... Individually... So that's hundreds of subjects you'd need to put tens of thousands of hours on. Your ignorance will lead to people getting harmed. Don't regurgitate a subject that someone hands off to you, think for yourself. If you are a military instilled drone, I fear for your life when you become self aware.
Don't take this personally. I fear for your well being in this space. This is coming from someone who has been in Bitcoin since 2010. Bitcoiners care, we are not just Maxi's.
I've been looking into Austrian economics for 3 years. I've read Capitalism and Freedom, Schumpeter, mises, Rotbard, ayn rand and other books on world history and politics. I did a solid month of research on Kaspa alone with 2 hours each day. Bitcoins transactions can never be settled on the layer 1. This is a mathematical limitation that I demonstrated in the video. This ruins the incentives (encouraging fractional reserve). So I think I did my research.
Add me on Discord with the Top Link in the Description.
Good video
Very shallow
ENOUGH OF THIS KASPA GUYS.No point investing in that-not in miners not in tokens-its obvious-so far should be like atleast 0.50 c but really dont think will happend.I also HOPE that this will begin -risin the price and all of the boys that advertising kaspa in youtube and everywhere are right but so far they just look like theyve got payed to do videos so we can buy more and more
Kaspa is up 280% in 1 Year. Take the long term look on it. Kaspa is one of the best performing cryptos right now.
You putting your money where your mouth is?
Have you ditched all your BTC for Kaspa?
The reason Kaspa will never outshine BTC, no matter how much "better" the tokenomics are, is because, frankly, nobody gives a shit about Kaspa.
BTC has stood the test of time and printed a new ATH every single new cycle. 99.9% of Altcoins didnt.
So im happily gonna stack Sats
Kaspa is a both a better store of value and medium of exchange than Bitcoin. Therefore in the long run, it will defeat Bitcoins Network Effect.
Kaspa can't be compared to any other Altcoin, because it follows it's own Power Law (Price independent from Bitcoin) and is the first coin to solve the trilemma.
As I said, I've 70% of my Crypto Portfolio in Kaspa, sold all my Bitcoin and adapted the superior monetary technology.
You do what you believe in, but I don't think you've done your research on Kaspa.
😂😂😂😂 you really dont know kaspa!!!!
Betamax was better than VHS. But never took off. It’s about the adoption.
@@Frank-Y Follow the miners...
Kaspa has rapid disinflation of its current 12% inflation which funds its mining security. Yet it doesn't have any fee paying users other than its own miners. So it's doomed,
I actually mentioned in the video that there are fees. It's on median 0.002 KAS which is less then a penny.
Kaspa Silver and Plan K address this issue. Here is plan K video. Kaspa's Security Budget (Is Kaspa Secure?) ruclips.net/video/lzxWdZBFGBY/видео.html
Do you realize how big the RWA market is? Also running a node by institutions and users to secure their invewtments just like banks secure their investments. Not hard to run a node and cheap vs btc.
you are so smart ~