Where Bitcoin SV is Accepted Locally and Globally
BSV stands for Bitcoin Satoshi Vision, it’s like Bitcoin but with a larger block size which makes it more decentralized and keeps transactions fast and cheap. This makes it a quintessential commerce coin, a use case that’s validated by the +400 businesses that accept it as payment, from Europe’s biggest Crypto e-commerce store to a Canadian organic honey producer.
Who Accepts Bitcoin SV…
Are you an Entrepreneur, freelancer, or manager of a business accepting cryptocurrency?
Should you buy Bitcoin SV?
Yes, if you’re a “big blocker” — if you think that Bitcoin should have a larger block size to make it a more viable medium-of-exchange — be a part of the market’s validation of larger blocksize forks!
It has attained a respectable top 50 coin market cap ranking and coin price, but its price jumped dramatically when Craig Wright produced (debatable) evidence in court that he may be Satoshi Nakamoto. Its price seems to be subject to the whims and drama of internecine conflict in the Bitcoin community. Being a Bitcoin fork, you can anticipate it following Bitcoin’s 4-year halvening cycles, in 2021 it reached hights over $400 and then crashed to less than $200. The founder of Ethereum, Vitalik Buterin called it “a complete scam,” it’s criticized for a lack of activity on its public Github code, Wright’s tall claim of inventing Bitcoin itself is dubious, and it was delisted from Binance in 2019 so skepticism about Bitcoin SV is warranted.
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The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling.
