Wiseman (✈️,🏨)

1/ AN OPEN LETTER TO KRAKEN A Case for Reconsidering Bitcoin SV (BSV) Dear @krakenfx, Kraken has built its reputation around a principle that matters deeply in cryptocurrency: individuals should have the freedom to participate in open financial markets. With that principle in mind, I respectfully ask Kraken to reconsider Bitcoin SV (BSV) for listing on its exchange. This is not a request to overlook risk, dismiss past controversies, or favor one blockchain community over another. It is an invitation to examine an important question: What if one of the most consequential opportunities in blockchain is not creating more digital assets, but making a single public blockchain useful for millions of businesses, people, and machines? THE VALUE OF A BLOCKCHAIN THAT CAN ACTUALLY BE USED Much of the cryptocurrency industry measures success through token prices, trading volume, and market capitalization. But the ultimate value of blockchain technology may come from something more fundamental: what people can build and accomplish with it. Bitcoin SV pursues a different economic model from networks that deliberately constrain base-layer transaction capacity. BSV uses SHA-256 proof-of-work mining and seeks to process enormous transaction volumes at exceptionally low individual fees. The objective is straightforward: make transactions inexpensive enough that entirely new business models become possible. A newspaper could charge pennies for individual articles. A developer could sell software services one request at a time. Businesses could automate payments to suppliers. Digital creators could receive compensation directly from customers. Instead of requiring subscriptions, intermediaries, or expensive payment processing, value could move in tiny increments whenever a service is delivered. This is not merely a different way to transfer cryptocurrency. It is a different way to organize digital commerce. THE COMING ECONOMY OF MACHINES Artificial intelligence introduces an even more compelling possibility. Today, humans initiate most financial transactions. Tomorrow, autonomous software agents may initiate millions of economic interactions without requiring human approval for every payment. AI systems will need to purchase information, rent computing power, license digital resources, and compensate other machines. An economy operating at that frequency needs payment infrastructure designed for extremely small transactions. BSV is pursuing precisely this opportunity through scalable blockchain processing, programmable transactions, and micropayments. Its commercial success is not guaranteed. But the potential market deserves serious examination. WHY THIS MATTERS TO KRAKEN Kraken serves a market in which technological experimentation, financial independence, and competition are essential. A digital asset exchange does more than provide trading access. Its listing decisions influence which technologies customers can discover, evaluate, and participate in. Bitcoin SV has a distinct technical direction, including its commitment to protocol stability following the Genesis upgrade, its UTXO transaction model, and its focus on large-scale on-chain utility. These characteristics warrant evaluation on their own merits. Of course, listing decisions must account for liquidity, custody, regulatory compliance, market integrity, mining security, and network resilience. BSV should be required to satisfy Kraken’s standards, just like any other asset. But historical disagreements within the Bitcoin community should not substitute for an updated technical and commercial assessment. A REQUEST FOR OPEN COMPETITION The cryptocurrency industry benefits when competing approaches are tested in the marketplace. Some networks prioritize limited base-layer capacity. Others emphasize alternative consensus systems or additional execution layers.