Building the Bitcoin economy without permission
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Homepage > News > Finance > Building the Bitcoin economy without permission The digital payments landscape has been dominated by giants like PayPal (NASDAQ: PYPL) for decades, offering convenience but at a cost: high fees, centralized control, and the ever-present risk of account freezes or censorship. As the world moves toward a more decentralized, permissionless economy, the question arises: what comes next? The answer lies in a Bitcoin-powered economy, specifically through BSV, a blockchain designed for scalable, low-cost, and frictionless transactions. Unlike BTC, which has strayed from Bitcoin’s original vision, BSV is poised to replace PayPal’s walled garden with a global, open financial system. Here’s why BSV is the solution and why BTC falls short. The PayPal Problem PayPal revolutionized online payments, making it easy for individuals and businesses to send and receive money globally. However, its centralized model comes with significant drawbacks. Transaction fees, often 2%-3% plus fixed costs, erode profits for small businesses and creators. Arbitrary account suspensions—sometimes without explanation—can cripple livelihoods. And PayPal’s reliance on traditional banking rails means slow settlements, especially for cross-border payments. In an era where users demand sovereignty and efficiency, PayPal feels like a relic of a permissioned Internet. Enter blockchain, a technology that promises peer-to-peer payments without intermediaries. Bitcoin, as envisioned by Satoshi Nakamoto, was meant to be “electronic cash” for the world—fast, cheap, and unstoppable. But not all Bitcoins are created equal. While BTC, the most well-known variant, enjoys brand recognition, it’s ill-suited for the post-PayPal economy. BSV, on the other hand, delivers on Bitcoin’s original promise, offering a permissionless platform for a new financial paradigm. Why BSV is the solution BSV, or Bitcoin Satoshi Vision, is the version of Bitcoin that adheres to Nakamoto’s 2008 white paper. It prioritizes massive on-chain scaling, enabling millions of transactions per second (TPS) at…
Filed under: News - @ May 8, 2025 1:22 pm