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    Home Unlabelled BTC Mike Dudas: "Why is the Blockstream team so aggressive in trying to discredit every single reasonable and objective source that writes about Bitfinex and Tether?"

    BTC Mike Dudas: "Why is the Blockstream team so aggressive in trying to discredit every single reasonable and objective source that writes about Bitfinex and Tether?"

    October 07, 2019

    BTC Mike Dudas: "Why is the Blockstream team so aggressive in trying to discredit every single reasonable and objective source that writes about Bitfinex and Tether?"

    Mike Dudas: "Why is the Blockstream team so aggressive in trying to discredit every single reasonable and objective source that writes about Bitfinex and Tether?"

    Posted: 06 Oct 2019 03:04 PM PDT

    Saifedean Ammous: BTC is just for inter-bank settlement

    Posted: 07 Oct 2019 01:15 AM PDT

    Just got done watching this debate: https://youtu.be/MN4klUUx8fM?t=2846

    In particular, I noted the clip from 47:26 - 49:43

    Several times over the course of the dialog, Ammous takes the position that the fundamental future for BTC is not to be used directly for payments, but only to settle accounts in bulk between larger financial institutions (presumably banks).

    His idea is that you would use some consumer-grade payment system (e.g. a credit card, Venmo, whatever) to pay at the grocery store, and then maybe once-per-day, the shoppers' banks would do a single BTC transfer (with a gigantic tx fee) to the grocery store's bank, containing the aggregated amounts of all those pending payments. At that point, BTC becomes an implementation detail for the IT departments at the banks to worry about, and virtually no one has a non-custodial wallet or transacts peer-to-peer.

    It's mind-blowing to me that someone whose vision for Bitcoin involves everyone being forced to transact through custodial wallets is taken so seriously by professing libertarians.

    submitted by /u/fatalglory
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    Samson Mow, Blockstream CSO, suggests that with the coming halving, BTC's blocksize limit might be "too big"

    Posted: 07 Oct 2019 12:53 AM PDT

    BCH might not look like it has much mining security, but it's stronger than it seems. Here's why. (2-minute video)

    Posted: 06 Oct 2019 05:42 PM PDT

    2.1 Million Spice SLP token airdrop using on-chain dividends model is happening today. Go BCH!

    Posted: 07 Oct 2019 02:02 AM PDT

    "$850 million in Tether funds were seized by the federal government in an alleged unlicensed shadow banking operation. Bitfinex is under investigation by the State of New York. Innocent until proven guilty, but questioning Tether doesn’t make one a conspiracy theorist."

    Posted: 06 Oct 2019 10:43 AM PDT

    On a Private Platform, you can be Banned, Censored and Blocked. Quarantined, Shadowbanned, Suspended or Hidden. Member is Public Platform on the Memo Protocol. Remember that on this Memo Monday.

    Posted: 06 Oct 2019 06:27 PM PDT

    Elon Musk on one of the biggest traps for engineers: "[...] optimizing a thing that shouldn't exist." - Just throwing this out here.

    Posted: 06 Oct 2019 07:17 AM PDT

    Bakkt is coming to buy my bags they said ........ institution money is coming they told

    Posted: 07 Oct 2019 02:03 AM PDT

    Chris Pacia on Twitter -- Chris Pacia @ChrisPacia In other words, bitcoin is for doing nothing with and hoping that if everyone else does nothing with it the price will go up and make you rich.

    Posted: 06 Oct 2019 10:15 AM PDT

    A reminder , Bitcoin ( core ) is not to be used for payment

    Posted: 06 Oct 2019 09:35 PM PDT

    Bitcoin will take 37 years minimum to onboard everyone

    Posted: 06 Oct 2019 07:09 PM PDT

    Bitcoin Core can currently only do about 200 million transactions per year. There are 7.5 billion people. Each person has to make at least one on-chain transaction to open a channel and use Lightning. That's 37.5 years using all of bitcoins on-chain capacity for just that.

    People have been had.

    submitted by /u/55rzx
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    I'm very excited to announce that I'll be giving a keynote at Blockchain Life in Moscow, Russia ���� on October 16th and 17th 2019!

    Posted: 06 Oct 2019 02:13 PM PDT

    I tried menufy, worked great for BCH via bitpay!

    Posted: 06 Oct 2019 01:35 PM PDT

    Payment went smoothly and was faster than entering CC details. We should consider it as a fallback option. Encourage restaurants to use it if they can't be convinced to accept BCH directly.

    submitted by /u/gandrewstone
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    bakkt daily volume,,,,

    Posted: 07 Oct 2019 02:06 AM PDT

    bakkt daily volume,,,,

    oops

    ​

    as we say in Pakistan , ,, " sari hawa nikal gaey" >> " all the air out of the bubble "

    ​

    https://i.redd.it/o3pzf3gd43r31.png

    submitted by /u/mohtasham22
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    Tether and Bitfinex decry expected “meritless and mercenary” cryptocurrency market manipulation lawsuit

    Posted: 06 Oct 2019 03:07 PM PDT

    This Week In Bitcoin Cash, September 29th - October 5th

    Posted: 07 Oct 2019 01:02 AM PDT

    Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features

    Posted: 06 Oct 2019 01:39 PM PDT

    Flowee release 2019.08 adds double spend proofs and a bitcore-proxy

    Posted: 06 Oct 2019 08:47 AM PDT

    Ron Paul's only rule in crypto is NO FRAUD

    Posted: 06 Oct 2019 07:08 PM PDT

    As Hong Kong ATMs Run Out Of Cash, Central Bank Steps In To Prevent "Panic Among The Public"

    Posted: 06 Oct 2019 07:22 AM PDT

    Crypto Rebels (Wired - 1993)

    Posted: 07 Oct 2019 12:01 AM PDT

    https://www.wired.com/1993/02/crypto-rebels/

    A good read. Classic Steven Levy.

    Some other related interesting info..

    • In the late 90s the UK's GCHQ declassified the work of Clifford Cocks et al. He worked on practical public key crypto that predated RSA

    • Zimmerman was so fearful of the state of the world and the cold war in the 80s, that he planned to move to New Zealand.. although I don't think he ever did

    • https://en.m.wikipedia.org/wiki/BassOmatic

    • David Kahn's ' The Codebreakers' is an excellent read. Later revisions also address public key crypto

    • Levy's 'Crypto: How the Code Rebels Beat the Government Saving Privacy in the Digital Age' is also a great read

    • Tim May is no longer with us

    submitted by /u/gaguw6628
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    local.bitcoin.com refresh price to reflect current market

    Posted: 06 Oct 2019 08:38 AM PDT

    Oftentimes people will initiate a trade with me, and it will take a day or two for us to finally meet and the payment to be made. The problem with that is that if I am the seller and the price goes up, now I am selling coins for cheap and the buyer is happy. If, however, the price goes down, the buyer will simply cancel the trade and buy from someone else for cheaper. It would be nice to 'refresh' the price at the time the payment is made to reflect current market conditions. Mycelium local trader for eg. has this feature. Any plans of adding this in the future?

    submitted by /u/zveda
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    Bank Crisis Hits India: "Bank Stops Functioning, People Crying Outside Bank Branches"

    Posted: 06 Oct 2019 09:36 AM PDT

    Hong Kong ATMs Run Out of Money As Bitcoin Trading Volume Balloons

    Posted: 06 Oct 2019 05:22 AM PDT
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