Bitcoin Cash This Week In Bitcoin Cash, January 19th - 25th

This Week In Bitcoin Cash, January 19th - 25th
Fellowship Of The Dev Fund
"My intuition is that not only will this cartel initiative go as planned, but that it will result in solid price gains for BCH and go down as one of the most important innovations in Bitcoin. Voluntary, time-constrained, free market solution to one of Bitcoin's greatest problems."
I’m a minor without anyway to buy bitcoin
CRYPTO DEV DIGEST: BCH Infrastructure Funding Alternative, New CashShuffle Build, OG Reemerges
The miner tax is nothing, but a dressed up 51% attack
Roger Ver's Conundrum
The word "Tax" is a red herring

This Week In Bitcoin Cash, January 19th - 25th

Posted: 25 Jan 2020 10:11 AM PST

submitted by /u/Mr-Zwets
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Fellowship Of The Dev Fund

Posted: 25 Jan 2020 12:35 PM PST

submitted by /u/Mr-Zwets
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"My intuition is that not only will this cartel initiative go as planned, but that it will result in solid price gains for BCH and go down as one of the most important innovations in Bitcoin. Voluntary, time-constrained, free market solution to one of Bitcoin's greatest problems."

Posted: 25 Jan 2020 09:10 AM PST

submitted by /u/Mr-Zwets
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I’m a minor without anyway to buy bitcoin

Posted: 25 Jan 2020 10:20 AM PST

Hello, I'm under 18 can't can't buy bitcoin online because of the KYC and locally because I can't find anyone who wants to sell me any I'm my town. If you wanna send me a few cents worth I would be very thankful.

submitted by /u/digitaldpp
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CRYPTO DEV DIGEST: BCH Infrastructure Funding Alternative, New CashShuffle Build, OG Reemerges

Posted: 25 Jan 2020 09:07 AM PST

submitted by /u/afriendofsatoshi
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The miner tax is nothing, but a dressed up 51% attack

Posted: 25 Jan 2020 02:21 AM PST

With Bitcoin Cash being a minority SHA256 hash power coin and the miner centralization in China this has been a long time coming.

I hope we can weather the attack, otherwise I think it would spell the end for mining as a way to secure crypto currencies in favour of other approaches (such as trust webs or POS).

As to the idea itself: If you believe in centralized monetary systems, just use fiat issued by central banks. They have big "dev funds" ;)

I hope Roger and Amaury realize how much damage this is doing and retract their support for this 51% attack.

I also hope "selfish" and ideologically pure miners join forces to use the 12.5% decreased earnings of the attackers to defeat them and earn more. (Attackers could use the 12.5% to mine of course, but that is also the case in a normal 51% attack)

Alternative ways to fund developers:

Donations.
Companies using the system and therefore having developers work on it. (See Linux environment)
Students and junior programmers earning experience. (See Linux environment) I understand Amaury wants to eat; all he has to do is "retire" to a crypto related job and earn good money. Then repeat this process with newly educated programmers over and over.