Pumpkin Lady Lazar still talking about Craig Wright, joins Twetch

If you thought the Pumpkin Lady, Angelina Lazar, was done with Bitcoin SV (BSV), then you’ve got another thing coming. Since finding some measure of fame with the BSV community, Lazar has kept up her interactions with those still in the frenzy of Pumpkin mania, even so far as to trying out BSV herself.

Following our reporting on the contentious exchange between Dr. Craig Wright and Lazar, she continued to tweet about the man and pumpkins for several days, before finally volunteering to join Twetch on October 20 to put the matter to bed.

After receiving some help and free BSV from the community to get started, Lazar got a rockstar welcome from Twetch users, racking up 44 likes and 44 comments on her first post, and quickly gaining 30 followers:

Her Twetch profile describes her entry into the world of BSV as “all about depumpkinizing the pumpkin patch n’ I gotta’ come to the patch to do so. ¬ BTC-mania! Let’s rumble! xo¬A.” Regardless of that effort, she’s using Twetch to post about the latest goings-on in the Bitcoin world, noting about the recent BTC vs BSV debate hosted by Hotep Jesus, “BTC vs BSV (Debate 1), BTC lost. We need a 2nd Debate. And need to keep track of who wins each & every debate.”

That doesn’t mean that she’s come to love BSV and Craig Wright just yet. She’s challenged Wright numerous times to another duel, hoping she can best him this time.

For their part, the BSV crowd have embraced Lazar, perhaps hoping to win her over with the easy usability of BSV. One user tweeted at her, “Believe me there’s no hard feelings, most of us are all in good spirits just excited about the innovation.” And while others have kept up the jabs, she’s taken them in stride, telling them when they “get a pass” for whatever joke they were making.

As one eagle eye user noted though, now that Lazar is on Twetch, there could be a business model for her continued opposition to Dr. Craig Wright.

How RelayX is making Bitcoin SV ‘more user friendly than ever before’

Wallet app RelayX has said it is making Bitcoin SV (BSV) more user friendly than ever before, as it continues to develop its crypto superwallet.

Announcing a series of product updates, the app said it would allow users greater flexibility and control over their cryptocurrency payments, as well as announcing new integrations for the service. Of particular note was the launch of an integration for BSV-powered social media platform Twetch, which allows users to own and monetize their content in BSV.

In a Medium post, the RelayX team said they’re introducing new ways for users to buy BSV in alternative tokens, aka “sh*tcoins”.

First, we break ground by introducing alternative blockchains colloquially referred to as sh*tcoins to the Relay settlement ecosystem. In theapp latest version of our RelayX app, users can now fund their Bitcoin SV Superwallet seamlessly with Bitcoin Core (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Tether (USDT).

RelayX has also removed the need for users to hold a balance in BSV before they can use BSV, combining top-up and payment into a single function, with automatic conversions and fee calculations.

Second, users no longer need to maintain a balance in BSV in order to use BSV. Volatility is an ever-present issue for prospective users and we have alleviated that by combining Top up & Pay into one action. RelayX users can now scan a BSV address or enter a 1handle or Paymail and pay with any fiat or alternative cryptocurrency of their choice. All conversion and fee calculations are done for you, ensuring that the recipient receives exactly how much you wanted them to receive.

The wallet app has also added contact book functionality, making it easier for users to send to the same contacts time after time.

It noted, “Third, we are adding Contacts so you can save your friends’ 1handle and Paymails for easy sending. We envision enabling you to add fiat and alternative cryptocurrency contacts in a future release.”

Celebrating the product upgrades, the wallet app said it was RON, the Relay On-chain Network powered solely by BSV, that was delivering these benefits.

“Importantly, many of these upgrades to RelayX are made possible and efficient by RON — the Relay On-chain Network which operates entirely on Bitcoin SV. We are excited to share more details about RON — how it works, and how it can power a wide range of on-chain applications, e-commerce, wallets, and financial institutions, in an upcoming public launch blog post of its own,” according to the RelayX team.

The wallet app is currently in beta in Google Play and iOS Testflight.

Jimmy Nguyen: Bitcoin SV has introduced new business models

Bitcoin SV (BSV) has continued to surpass its peers and establish itself as the superior blockchain network. One of the reasons many have abandoned other blockchain projects for BSV is because it has introduced new business models. BSV’s low fees and massive scalability has enabled developers to create solutions and applications that open up new opportunities not available elsewhere. During the CoinGeek Seoul Conference, Jimmy Nguyen noted all these points, and revealed some of these new business models that BSV has introduced.

In his presentation, the Founding President of the Bitcoin Association looked at how the extremely low fees in BSV have enabled an ‘Earn and Use’ ecosystem, different from the ‘Buy and Hodl’ ecosystem present in other crypto projects. The low fees enable BSV users to make microtransactions which consequently introduces new business models that were previously not possible.

With BSV micropayments, users can reimagine the existing business models and create new ones that would attract more users. For instance, digital newspapers can change the monthly subscription model to one where the user pays per article or blog post. In online videos, users can pay per minute watched as opposed to paying for the whole video. For the gamers, they can pay for in-game features and items using BSV instead of the tokens that are currently in use. In social media, getting likes could translate to micropayments. The opportunities are endless.

There have been plenty of applications that have been developed to capitalize on the new business models introduced by BSV. For social media, Twetch has been a standout, with its platform allowing you to earn whenever other users share or like your content. This is in contrast to the current social media platforms which generate billions of dollars from your content through advertising.

For video streaming, Streamanity is introducing a new business model where content creators get paid in BSV for their content. The creators can offer just a few seconds of the video for free beyond which one must pay to watch. And since BSV supports microtransactions, you can pay by the second.

For file storage, Bitcoin Files allows its users to upload their content on the BSV blockchain for a fee. However, you can grant access to your files to other people who have to pay you in BSV.

In real estate, Zwesipace is capitalizing on BSV to not only improve title registries, but also to detect earthquakes using IoT devices. TonicPow, the runner up in the inaugural BSV Virtual Hackathon, is using BSV to introduce new business models in the advertising space, while WeatherSV allows users to create new business models by having reliable weather data recorded on the BSV blockchain.

Nguyen concluded, “So, the lesson of all this is that BSV, because of its really large blocks and its super massive scaling capacity, it enables the users to do lots of transactions for a very tiny fee and that means that its data ledger can be used for all types of business applications.”

Josh Petty on Twetch: “The more attention you get, the more money you make”

One of the most talked-about BSV startups is Twetch – a kind of blockchain-based Twitter in which you get paid for creating content – if it’s popular. At the CambrianSV Bootcamp, participants had a chance to learn the full story behind the business.

One of the reasons Twetch is talked about is because it’s been intriguingly secretive. But we now know, from his Bootcamp presentation, that its co-founder and CEO is Josh Petty, an American entrepreneur with a history of previous startups and tech consultancy. Until recently, the only public information was that Elon Moist, a Twitter handle with a Kermit the frog profile pic, was the CEO of Twetch.

Twetch is also talked about because of its ‘invitation only’ joining policy, which creates a waiting list and, inevitably, interest and anxiety amongst people who feel excluded. And finally, Josh proudly explained, it’s talked about because Twetch is a name that “everyone hates” – and that’s just another marketing tool in itself.

As for the product, Josh sees it as much more than a BSV-based version of Twitter. He calls it “the interface to Bitcoin”. It’s creating “an attention economy: the more attention you get, the more money you make”. There’s no charge for just looking at the Twetch feed but if you want to interact or create content, you pay a small fee. And you’d want to do that because if someone engages with your content, you get paid.

In other words, it’s a real alternative to the prevailing ad-supported, data collecting model of existing social media – a working solution to the well-publicised critiques of social media offered by commentators such as Jaron Lanier and Shoshona Zuboff. Twitter “is like a communist state,” Josh says – in the sense that the users get no reward for their efforts, but the overarching entity does. With Twetch, “the individual has power now”.

Hear more from Josh Petty in this week’s CoinGeek Conversation podcast:

You can also watch the podcast video on YouTube.

Please subscribe to CoinGeek Conversations – this is the first episode of the podcast’s second season. If you’re new to it, there are 30 episodes from season one to catch up on.

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Could Bitcoin mean the end of surveillance capitalism?

Last year, Shoshana Zuboff, a Harvard economist, told us that we were living in The Age of Surveillance Capitalism — the title of her influential book. Its subtitle was The Fight for a Human Future at the New Frontier of Power. Her complaint was about how big tech businesses sell behavioural data collected from their users in return for their ‘free’ services.

Zuboff says that the tech companies pay nothing for our data but make their fortunes by analysing and selling it — in the great capitalist tradition of “taking things that live outside the market sphere and declaring their new life as market commodities.”

In the same interview with The Guardian, she says that “once we searched Google, but now Google searches us. Once we thought of digital services as free, but now surveillance capitalists think of us as free.” It’s a powerful argument, and Zuboff is not the first to make this kind of point.

So could Bitcoin ‘fix’ surveillance capitalism? Well, maybe. By making possible small peer-to-peer transactions, it allows the monetization of things that weren’t big enough to be worth anything in the past, unless aggregated into huge numbers by the surveillance capitalists. What value could be put on my ‘liking’ your tweet? Until now, nothing to me, but something to a business that make me a data point in its monitoring of the kind of things I ‘like’ or the kind of people that have ‘liked’ that tweet.

Already Twetch has established a Twitter-like social media platform on which individual interactions have a value, not to some big business but to the individuals themselves. You’re not going to make a fortune (at least not until the BSV ecosystem brings a much larger population to its apps), but the principle of being rewarded for your contributions may be one that quickly feels natural and then almost like a right that we should always have had. We may start to wonder why we never noticed that we didn’t have it. After all, this isn’t just “data”: it’s our creativity, our human thoughts and feelings. As Zuboff’s subtitle puts it, this is a “fight for a human future.”

One of the most eloquent advocates of the idea of reclaiming the value that we have given the tech giants is Jaron Lanier, whose books talk about the ‘Siren servers’ (named after the Sirens in Greek mythology, beautiful creatures, half woman, half bird, whose singing lured sailors to their deaths). Lanier means that the big data-collecting platforms — not just Google and Facebook but also, in different ways, Instagram, Twitter, Foursquare, Amazon, Medium and others — all exert a perilous attraction, maybe even addiction, that draws us to them, to our cost.

Facebook has suffered data crises, raising awareness about the way in which the surveillance economy works. If you’re inclined to think that Facebook’s problems have been overblown, take a look at The Great Hack, a timely Netflix documentary about Cambridge Analytica and its impact on the election of Donald Trump, the Brexit referendum and other elections around the world.

Even with the evidence in front of us, it’s still easy to dismiss worries about our personal data by thinking “I have nothing to hide.” If you take the time to enjoy Zuboff’s brilliant, readable (but long) book, you’ll find it harder to shrug off concerns that you are being exploited.

‘Digital native’ used to be a phrase with which older people flattered those who were younger and more tech-savvy than they were. But Zuboff has given it a new and more sinister meaning. Today’s natives are being exploited by the tech giants in the same way that native peoples were exploited by colonists, taking from them without asking, commodities that they had never previously thought to own or sell.

Once we realise our data has value, the next step is to find how Bitcoin allows us to fight back, to reclaim the rewards we could be earning for our communications, creativity and humanity. Look out for a new ecosystem of BSV-powered services that offer the chance to do just that.