Bitcoin Scaling - Why it Matters

Scaling of BTC has had the following challenges which we find unacceptable:

Scaling UTXO (Unspent Transaction Output) blockchains like BTC, DOGE, LTC, SOL presents several challenges and failures due to their unique design and characteristics. Here are some of the key challenges:

### 1. Block Size and Throughput

### 2. Latency and Confirmation Times

### 3. Storage and State Management

### 4. Network Propagation

### 5. Decentralization and Security

### 6. Transaction Fees and Market Dynamics

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We invite you to join us discussing scaling with BSV and the challenges it presents.

Special Guest speaker is Reggie Middleton:

Reggie Middleton is the founder and CEO of Veritaseum, a P2P Capital Markets and blockchain company that specializes in producing technology that facilitates the zero trust (i.e., without counterparty or credit risk), peer-to-peer transfer of value conditioned upon any variable or constant, i.e., swaps, securities, deliverables, payments, exchanges, NFTs, tokenized assets, ets. sans any authoritative 3rd party. Mr. Middleton invented DeFi technology in 2013, nearly two years before the launch of Ethereum, and successfully patented it in 2014 in the US (US11196566) and twice in Japan (JP6813477, JP7204231), with the EU and UK pending. These patents cover Ethereum, the Lightning Network, Cardano, aspects of Bitcoin, Solana (and most public/private distributed ledgers such as those employed by securities exchanges and money center banks) as well as NFTs, AMMs (automated market makers), cold storage, swap-based DEXs, governance token voting in DAOs and blockchain-based lending platforms, among many other stalwarts of the DLT industry.
Reggie also guides a small team of independent analysts to uncover truths seldom, if ever, published in the mainstream media or Wall Street analyst reports. He founded Boom Bust Blog in 2007 and has since established an outstanding track record, including but not limited to, the call of the financial world’s most historic events. Aaron Elstein of Crain's New York Business said "Mr. Middleton has been startlingly accurate in the past. He forecasted the collapse of the housing market in 2007, and in early 2008 warned of the demise of Bear Stearns, Lehman Brothers, General Growth Properties (then, the US’s 2nd largest commercial REIT), and later the European sovereign debt crisis, the rise of Google’s Android OS and the collapse of Research in Motion (maker of Blackberry phones) - all weeks or months before they happened. Reggie won CNBC’s stock draft competition in February 2013 and again in 2014, both times beating out six other professional traders and institutional investors.

Reggie’s historic calls:

• Spring 2006 and, publicly, September 2007: The housing market crash
• November 2007: The grossly misleading use of off balance sheet structures by home builders to conceal excessive debt. To our knowledge, not a single sell side analyst made public mention of this very material fact. This led to their ultimate failure.
• January 2008: The collapse of Bear Stearns (2 months before it fell) while trading in the $100s with Buy ratings and an investment grade of AA or better from the ratings agencies.
• February-May 2008: Warning of the Lehman Brothers collapse before anyone had a clue!!!
• September 2007: The fall of commercial real estate in general (September of 2007) and,
• November 2007: The collapse of General Growth Properties, the nation's 2nd largest mall owner May 2008: The collapse of state and municipal finances, California in particular, and the collapse of 32 regional banks.
• Late 2007 and 2008: The collapse of the monoline insurers, Ambac and MBIA.
• January 2009 to 2010: The ENTIRE Pan-European Sovereign Debt Crisis with explicit detail in January 2010 including Ireland austerity and the disguised sink hole of debt and non-performing assets within the Irish banking system.
• May 2010: The mobile computing paradigm shift and, in particular, the:
• Fall from grace of Research in Motion over a year in advance;
• The fall of Apple;
• The rise of Samsung
• The global dominance of Google in Mobile OS and the cloud.
• June 2013 Created, and predicted the eventual dominance of, decentralized finance using blockchain technology for peer-to-peer transactions
• April 2014 Patented DeFi
• Marth 2021 Successfully called stagflation in the US one year in advance
• December 2021 Japan issues patent JP6813477
• January 2022 US issues patent US11196566
• September 2022 Files the first patent infringement suit in the DLT industry
• January 2023 Japan issues patent JP7204231

We invite you to meet, enjoy a few refreshments and network with other forward thinking individuals.