比特幣的第二次到來：各種 BSV 名人與 Gavin Mehl 一起討論比特幣中發生的一切

上週，Gavin Mehl 主持了一個名為「比特幣第二次來臨」的空間。各種 BSV 名人，包括 Kurt Wuckert Jr.、Casey Hamilton、Alex Vidal

Bitcoin’s Second Coming: Everything Happening in Bitcoin Now Bitcoin News

比特幣的第二次來臨：現在比特幣中發生的一切 比特幣新聞

Bitcoin’s Second Coming: Everything Happening in Bitcoin Now. Last week on X, Gavin Mehl hosted a space called Bitcoin’s Second Coming. Various BSV personalities, including Kurt Wuckert Jr., Casey Hamilton, Alex Vidal, SirToshi, and others, joined to discuss everything happening in Bitcoin. The conversation ranged from the global market for Bitcoin to derivatives, proof-of-stake, Donald Trump’s ‘State of Crypto’ address, and NAR/DAR on the BSV blockchain. Here’s a brief rundown of some of the highlights.

比特幣的第二次到來：現在比特幣中發生的一切。上週，Gavin Mehl 主持了一個名為「比特幣第二次來臨」的空間。 BSV 的多位名人，包括 Kurt Wuckert Jr.、Casey Hamilton、Alex Vidal、SirToshi 等人，共同討論了比特幣中發生的一切。討論範圍從全球比特幣市場到衍生性商品、股權證明、唐納德·川普的「加密貨幣狀態」地址以及 BSV 區塊鏈上的 NAR/DAR。以下是一些亮點的簡要概述。

The market for Bitcoin is everything

比特幣市場就是一切

Mehl points out how many BTC advocates still believe that legal rights and compliance are unnecessary and that their “decentralized” blockchain of choice is above all. This is despite the numerous SEC lawsuits and a wave of new regulations worldwide.

Mehl 指出，有多少 BTC 擁護者仍然認為法律權利和合規性是不必要的，他們選擇的「去中心化」區塊鏈才是最重要的。儘管美國證券交易委員會提起了無數訴訟，並且全球範圍內出台了一波新法規，但情況仍然如此。

SirToshi says that this small block mindset is fanciful and inherently limits BTC. The global market for Bitcoin is everything, and if every item or product is to be tokenized on the distributed ledger, it will need to comply with regulations related to specific industries. Giving one example of how big things can get, he says that derivatives are worth up to $1 quadrillion, and Tokenovate is building a platform to trade them on the BSV blockchain.

SirToshi 表示，這種小區塊思維是異想天開，本質上限制了 BTC。比特幣的全球市場就是一切，如果要在分散式帳本上對每個項目或產品進行代幣化，則需要遵守與特定行業相關的法規。他舉了一個例子來說明事情的規模有多大，他說衍生性商品的價值高達 1000 億美元，Tokenovate 正在建立一個平台，在 BSV 區塊鏈上進行衍生性商品交易。

Picking up on the point about derivatives, Wuckert notes how they can create liquidity and wealth but can also cause problems like the 2008 financial crisis. Bitcoin gives us transparency and audibility that can help prevent such crises in the future. However, there’s a long way to go before we get there.

伍克特談到衍生性商品時指出，它們可以創造流動性和財富，但也可能引發 2008 年金融危機等問題。比特幣為我們提供了透明度和可聽性，有助於防止未來發生此類危機。然而，距離我們到達那裡還有很長的路要走。

Proof-of-stake is a security

權益證明是一種證券

Answering the question of why something like Ethereum can’t serve as the global ledger everyone uses, SirToshi says it’s because the tokens that make proof-of-stake systems work are securities. The system must be economically competitive or end up centrally controlled.

在回答為什麼像以太坊這樣的東西不能充當每個人都使用的全球分類帳的問題時，SirToshi 表示，這是因為使權益證明系統發揮作用的代幣是證券。該系統必須具有經濟競爭力或最終集中控制。

Wuckert agrees, remembering how early Bitcoiners presumed Satoshi had made the same mistakes as previous attempts at creating electronic cash systems. They didn’t fully understand the economics of Bitcoin until they further read into the competitive nature of distribution and reconciliation.

伍克特對此表示同意，並記得早期的比特幣支持者如何推測中本聰犯了與先前創建電子現金系統的嘗試相同的錯誤。在進一步了解分配和對帳的競爭本質之前，他們並沒有完全理解比特幣的經濟學。

Delving deeper, Wuckert says Bitcoin differs from proof-of-stake systems in that Bitcoins are discovered after doing provable work rather than created. Satoshi created the system, but he did the work of mining early bitcoins. This is why the process is called mining; it implies working to find something already there rather than creating something new. SirToshi adds that the expenditure of resources and effort is required for something to be considered work.

在更深入研究後，伍克特表示，比特幣與權益證明系統的不同之處在於，比特幣是在進行可證明的工作後發現的，而不是創建的。中本聰創造了這個系統，但他從事了早期比特幣的挖礦工作。這就是為什麼這個過程被稱為挖礦；它意味著努力尋找現有的東西而不是創造新的東西。 SirToshi 補充道，某些事情需要投入資源和精力才能被視為有效。

Brett Banfe offers another analogy: the football field. In proof-of-stake systems, the field can be tilted in favor of whoever has the most tokens, and as they accumulate more, the field can be tilted even more. Pretty soon, it’s an uneven playing field, and everything will work in favor of the party with the biggest stash of tokens. It’s then impossible to compete.

布雷特·班夫（Brett Banfe）提供了另一個類比：足球場。在權益證明系統中，領域可能會向擁有最多代幣的人傾斜，隨著他們累積更多，領域可能會更加傾斜。很快，這將成為一個不公平的競爭環境，一切都會有利於擁有最多代幣的一方。那就不可能競爭了。

Wuckert points out that securities aren’t bad in and of themselves. They’re fine if they are issued legally on a neutral system. There’s so much dishonesty in the blockchain space about how neutral various systems are, primarily done for legal reasons. This is part of why it was important for Satoshi to stay hidden; Bitcoin builds up provenance as a commodity the longer it is in the wild, and there’s also a statute of limitations for creating something some may try to claim isn’t a commodity in every sense.

伍克特指出，證券本身並不壞。如果它們是在中立系統上合法發行的，那就沒問題。區塊鏈領域關於各種系統的中立性存在著許多不誠實的情況，主要是出於法律原因。這就是為什麼中本聰保持隱藏很重要的部分原因。比特幣在野外存在的時間越長，它就越能成為一種商品，而且，創造出一些東西（有些人可能試圖聲稱它在任何意義上都不是商品）也有一個時效。

Trump’s ‘state of crypto’ address

川普的「加密狀態」演講

The conversation then turns to U.S. Presidential candidate Donald Trump‘s anticipated ‘State of Crypto’ address. What will he say, and what’s it all about?

然後話題轉向美國總統候選人唐納德·川普預期的「加密貨幣狀態」演講。他會說什麼，到底是怎麼回事？

Wuckert says Trump isn’t likely to get accurate information on Bitcoin and blockchain technology. He’s so busy and has to consider so many things that he relies on advisors to tell him. Those people will almost certainly be mainstream opinions rather than people with a deep understanding of blockchain and its capabilities.

伍克特表示，川普不太可能獲得有關比特幣和區塊鏈技術的準確資訊。他太忙了，必須考慮很多事情，所以他依賴顧問來告訴他。這些人幾乎肯定是主流觀點，而不是對區塊鏈及其功能有深入了解的人。

Alexander Fauvel says Trump is effectively buying votes. Furthermore, one of the people on his transition team is a lawyer who attested for Tether’s reserves. That’s not a good sign.

亞歷山大·福維爾表示，川普實際上是在收買選票。此外，他的過渡團隊中的一名成員是一名律師，他為 Tether 的儲備金提供了證明。這不是一個好兆頭。

Crypto Spartacus believes that Trump is merely informing people about what will happen. Banks are building a blockchain-based system in the background with very little public input, and Trump is likely aware of this.

加密貨幣斯巴達克斯認為，川普只是在告訴人們會發生什麼事。銀行正在後台建立一個基於區塊鏈的系統，幾乎沒有公眾參與，川普可能意識到了這一點。

NAR/DAR on the BSV blockchain

BSV 區塊鏈上的 NAR/DAR

Hooligan highlights how many see NAR/DAR as a protocol change, and he wants to know people’s views on this.

Hooligan 強調了有多少人將 NAR/DAR 視為協議變更，他想了解人們對此的看法。

Wuckert responds that the Network Access Rules are conceptually possible on every Bitcoin-style blockchain. All that’s required is for nodes to agree to move coins back to their rightful owner. The only practical limitation is coordination. It’s possible on BTC today, but they’

伍克特回應說，網路存取規則在概念上在每個比特幣式區塊鏈上都是可能的。所需要的只是節點同意將代幣移回合法所有者。唯一的實際限制是協調。今天在比特幣上這是可能的，但他們’