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    Home Unlabelled BTC The biggest scam in crypto is that BTC is no longer Bitcoin!

    BTC The biggest scam in crypto is that BTC is no longer Bitcoin!

    September 13, 2019

    BTC The biggest scam in crypto is that BTC is no longer Bitcoin!

    The biggest scam in crypto is that BTC is no longer Bitcoin!

    Posted: 12 Sep 2019 09:06 PM PDT

    I'm posting this again because it is so important and so useful!!! (Anonymous bearer shares on BCH that can collect dividends too!)

    Posted: 12 Sep 2019 08:07 PM PDT

    r/bitcoin Mod Encourages Fake Reviews To Harm Bitcoin.com

    Posted: 12 Sep 2019 11:37 AM PDT

    Just delivered to the office today. Who wants some?!

    Posted: 12 Sep 2019 11:30 PM PDT

    Developer Panel: How does Bitcoin Cash attract a larger developer community? Featuring Amaury Séchet, Paul Chandler, Gabriel Cardona, Josh Ellithorpe and moderated by Hayden Otto

    Posted: 12 Sep 2019 07:56 PM PDT

    BCH Telegram Tipping bot reborn

    Posted: 12 Sep 2019 06:01 PM PDT

    Remember guys, "Don't Feed The Trolls"

    Posted: 12 Sep 2019 11:06 PM PDT

    Unless you're an abusive hypocrite who dishonors Ron Paul's only rule in crypto of NO FRAUD, then you either buy them or create them and feed them.

    https://www.youtube.com/watch?v=CcnpKUquW3Y

    submitted by /u/BeyondDemTreez
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    Earn it - Use it - Repeat

    Posted: 12 Sep 2019 10:35 PM PDT

    Tether Clogging Ethereum, Taking Up 50% of Network as Transactions Slow to a Crawl

    Posted: 12 Sep 2019 10:39 AM PDT

    I'm presenting "Bitcoin Cash Developer Tools & Interoperability" 9am Friday Sept 20th at the 2nd annual WyoHackathon in epic Laramie, Wyoming

    Posted: 12 Sep 2019 04:10 PM PDT

    Gavin Andresen explains why "poisonous blocks" are no longer a serious threat

    Posted: 12 Sep 2019 11:27 AM PDT

    Bitcoin expert cancels Aussie trip due to encryption law jail threat - says authorities there can force you to hand over BTC keys too

    Posted: 12 Sep 2019 07:37 PM PDT

    Developer Reveals Token Reward Platform Fueled by Bitcoin Cash

    Posted: 12 Sep 2019 10:38 AM PDT

    What is the easiest way to buy BCH (at market rate) to use for Purse.io?

    Posted: 12 Sep 2019 11:49 PM PDT

    Any tips on what exchange (something like Cashapp for BTC - quick and easy) for BCH that I can use for Purse.io? Preferably market rate without a spread. Thanks in advance!

    submitted by /u/sbddpm
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    PODCAST He Helped Introduce the World to Bitcoin: Ian Freeman of Free Talk Live

    Posted: 12 Sep 2019 04:42 PM PDT

    Bitcoin Cash DAA shown to be better than BTC's, the recommended solution is to upgrade :-)

    Posted: 12 Sep 2019 11:06 AM PDT

    I've looked at a lot of talks from the BitcoinCashCity conference and I start to notice a distinct pattern. Most made a presentation of what excites them AND what they have actually built based on those ideas. This "we've done this, look!" is heartwarming

    Posted: 12 Sep 2019 06:49 AM PDT

    A Lucas Critique to the Difficulty Adjustment Algorithm of the Bitcoin System by Shunya Noda, Kyohei Okumura, Yoshinori Hashimoto :: SSRN

    Posted: 12 Sep 2019 10:36 AM PDT

    Might Tether be State Sponsored? It is the only explanation that makes sense why they are allowed to operate.

    Posted: 12 Sep 2019 10:08 AM PDT

    Tether has now been on the radar for several years, the big question is why would the US allow this type of currency printing scam to continue? My only guess is they are complicit.

    submitted by /u/btcCore_isnt_Bitcoin
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    My reply to why BCH is unique in crypto, and why the market cap is justified. Thanks to /u/SF_rocks for politely asking high quality, critical-thinking questions

    Posted: 12 Sep 2019 05:30 PM PDT

    Rumors are going around that Tether will soon launch on SLP as well. Half of all Ethereum transactions are now Tether transactions. But what I am really wondering about, is it possible to build DAI on BCH?

    Posted: 12 Sep 2019 10:30 AM PDT

    Here is the thing with stablecoins:

    • they make it possible for traders to arbitrage between different crypto exchanges without having to wait days for a wire transfer to clear or without the risks that banks take their money. It also makes it possible to do arbitrage without losing lots of value in transit during a crypto drop in prices.

    • they make it possible for people in the world to transfer large amounts of money that they can't transfer using a bank. Without the risk that they lose value in transit, which would be the case if they would be using crypto. This is of course ideal for money laundering and tax evasion and to not have your money flow through numerous banks all who can collect data on you that could fuck you over later. Rumor has it that wealthy Chinese people are using Tether to get money out of China.

    • Since most of the 5 billion Tether is on addresses that are linked to Bitfinex and other exchanges that don't really do fiat but only Tether ... and since tether easily does 20 billion daily volume on a 5 billion market cap ... a big chunk of Tether is used for washtrading.

    • You can see this at work when the price of BTC goes up and down, all altcoins almost immediately react. This is most likely because of a giant algorithm that is active on almost all exchanges and that if funded with a shitload of Tether.

    • Other stablecoins don't necessarily change anything because I could launch a stablecoin and buy a million of it with Tether. Now my market cap is 1 million. I can burn the Tether but that does not mean there is additional backed money in the system.

    The main issue with stablecoins is that they depend on trust and faith that they are stable. If something happens to this trust, the value of Tether could drop to zero in like a day. Since lots of other stablecoins have been bought with Tether, this will effect them as well.

    Fiat in and out is the thing that matters. The marketcap of crytpo is 250 billion. But how much USD and EUR could you get if you started selling all crypto? We know this is not 250 billion. Estimates are that between 5 and 10 billion dollar so far has been invested in to crypto.

    Tether gives the illusion that there is a healthy flow between fiat and crypto, in reality it's mainly a closed system where over 80% of the exchanges is between crypto and Tether.

    This brings us to DAI. DAI is the only stablecoin that does not inherently depend on trust. It has a marketcap of 100 million.

    Is is possible to recreate something like DAI on BCH? To have a stable coin that is not inherently based on trust?

    Because trust is a fickle thing. It only takes the actions of a handful of people for that trust to come crashing down. We have seen what happens when trust goes away during the times of MtGox. It's naive to think that will never happen again.

    Since Tether and other stablecoins are an ideal instrument for money laundring and all kinds of things where you want to bypass banking regulations and control, even better then crypto because there is less risk that a price swing fucks your over.

    Since this is the case, I'd say that in the future we ARE going to see law enforcement do something about it. When that happens, how robust and chancellorship resistant do you think Tether is going to be? When they got hacked they just updated the OMNI software and kind of hard forked there own system.

    So what happens when they get arrested and now the American government controls Tether?

    This IS going to be a problem somewhere in the future, the bigger Tether becomes the more likely it is that it will happen.

    So we need a version of DAI on BCH to protect ourselves against it.

    submitted by /u/Kain_niaK
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    Tiny Pacific Nation Makes a Go of Its Own Digital Currency

    Posted: 12 Sep 2019 01:45 PM PDT

    TrustNodes: 100,000 Transactions Stuck As Tether Clogs Ethereum

    Posted: 12 Sep 2019 09:18 AM PDT

    Bitcoin Needs Marketing w/ Cameron Lee - CoinSpice Live, STREAMING NOW!

    Posted: 12 Sep 2019 05:13 PM PDT

    Electron Cash SLP Edition 3.5.1 released for Windows, Mac, and Linux

    Posted: 12 Sep 2019 05:54 AM PDT
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