BSV Series Part II: “Where” is the problem?: BTC, Small Blocks, and Lightning Network

What is the dominant crypto currency contrarian consensus? If you trace the archetypal life cycle from crypto newcomer to an “experienced veteran” (someone with 12 or more months in crypto) you often see a trajectory like this: buys BTC, buys ETH, sells both for alt-coins with BTC and ETH pairs, consolidates back into mostly high market cap coins, liquidates most coins for BTC and begins to identify as a “maximalist.”

BSV Series Part I: “What” is going on?: Fractals and Contrarian Consensus

Before we enter the discussion of BSV we need to familiarize ourselves with one another in order to provide necessary context. If you are someone who has never explored cryptocurrency or bitcoin, this essay likely won’t provide maximal value. Likewise, if you are someone who sees their worldview well articulated by Paul Krugman in his NYT op-eds. There are other essays which would benefit you more as an introduction. This isn’t an ad hominem attack on these points of view, though I realize it may sound as such. Instead, this is a recognition of the fractal nature of “red pills” with special consideration for this specific fractal pattern. Let me explain.