Ryan X. Charles' maths is all wrong.

I've just watch this video where Ryan X. Charles advices we only use unsplit coins... but his maths doesn't add up.

https://www.youtube.com/watch?v=aAVu3r9Ozzo

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He defines 3 coins. Lets call them:

BCH - The coin on the ABC chain.

BSV - The coin on the SV chain.

BUC - A unified coin. The unsplit coin on both the ABC and SV chain.

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Now lets look at his example.

Haxor kid. Lets call him the sender. The sender has $10 worth of coin. Ryan doesn't say which coin but from later on in the example it is implied that the unified coin is worth $10.

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So the sender has $10 unified coin (0.002 of a coin).

He sends the 0.002BCH to a friend using the ABC wallet which shows up as $10. Do you see the problem yet?

The sender then sends 0.002BSV to a friend using an SV wallet which shows up as $10. Humm... another problem.

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So in this example Ryan has defined the following:

0.002BCH = $10.

0.002BSV = $10.

0.002BUC = $10.

BUC = BCH + BSV.

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Ryan then concludes that the sender took $10 and turned it into $20. Well... yes, he did. Because that is the example Ryan defined.

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0.002BUC = $10.

But 0.002BUC also = 0.002BCH + 0.002BSV.

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So he can split the $10 unified coin into 2 other coins also worth $10 each.

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A real life example (if the market does value a unified coin) would have 3 different prices for each of these 3 coins.

submitted by /u/cipher_gnome
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source https://www.reddit.com/r/btc/comments/9vk0cb/ryan_x_charles_maths_is_all_wrong/