BTC Meanwhile over at r/bitcoin |
- Meanwhile over at r/bitcoin
- Bitcoin Halving 2020: worst congestion event EVER on the horizon.
- Adam Back is a genius
- No, we don’t need to hire world-class developers - my response to ABC’s George Donnelly’s recent medium post
- Last one for today.
- If your BTC is stuck in the full block mempool, you can pay with Bitcoin Cash to get it into a block!
- Banned from the cult of r/bitcoin
- Vitalik Buterin: Ethereum, Cryptocurrency, and the Future of Money | AI Podcast #80 with Lex Fridman
- It's regularly 1,000x more expensive to make a transaction on Segwit Coin (BTC) than it is on Bitcoin (BCH). But why does BTC still have 10x more transactions? When will people switch? Does it need to be 10,000x more expensive or 100,000x first?
- New Method for Stealing Money From Lightning Network Nodes Disclosed by Square Developer
- Btc.com down?
- New to read.cash?
- The Impact of KYC (Know Your Customer) on the Crypto Industry
- Cannabis and Video Games Sales through Bitcoin up by 50% during the COVID pandemic.
- $515M Crypto Fund II - Andreessen Horowitz
- BCH success will not necessarily come with a BTC loss of value
- Square developer finds Bitcoin Lightning exploit
- BTC Mempool, Ouch!!!
- Virtual SSF Summit: Startup Societies + Crypto currencies bringing more economic freedom to the world
- Andreessen Horowitz Raises $515 Million; BTC Fee Numbers Go Up; BitMEX Losing Market Share
- Why Fundstrat Believes that Bitcoin (BTC) Would Rally By 193% Over the Next 6 Months
- What's the backstory here?
- When Paypal and western union failed BCH saved the day.
- BitcoinCash analytics in retail usage
- Enjoy watching this the next couple of weeks!
| Posted: 01 May 2020 12:35 AM PDT
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| Bitcoin Halving 2020: worst congestion event EVER on the horizon. Posted: 01 May 2020 06:45 AM PDT
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| Posted: 01 May 2020 12:22 AM PDT
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| Posted: 01 May 2020 02:55 AM PDT George Donnelly of ABC recently posted an article titled "Why We Need to Hire World-Class People Now" on Medium. The ideas presented in the article are in line with ideas I've heard Amaury share before; I disagreed with them when Amaury first shared them, and I disagree with them again now that George is restating them as a curated Amaury point-of-view. Here is the link to George's post on Medium: https://medium.com/bitcoin-abc/why-we-need-to-hire-world-class-people-now-17653f1f16dc Below is my response: No, we don't need to hire world-class people. What we actually need is to attract world-class skill, rather than hire. What we need is to attract world-class startups with skilled technical founders and skilled developers. What we need is to attract world-class applications and services with skilled mission-critical operation-teams who will ultimately cooperate and form a hive ready to respond to any immediate or long term threat or need. What we need is to attract loyal users who demand quality services which will demand world-class skills. What we need is to build and attract an eco-system which fosters this. What we don't need is another team of "world's best developers" with a loyalty to a single group of decision makers: another Blockstream. What we don't need is another set of non-democratic leaders who are willing to enforce their proposals through back-dating spec updates in order to finance themselves while destroying the soundness of the very thing they're supposedly here to build and protect. I agree with the general idea about needing skill, but I absolutely disagree with having to "hire" such skill to a centralized entity, as we already saw that ABC which just barely made it to a reference client level (or miners' preference) and they immediately became corrupt -in my opinion- through the introduction of the IFP. We saw that with Blockstream, nChain, and now with ABC and we will absolutely see it with any entity that feels comfortable in their "leadership" position: absolute power corrupts absolutely. You want skill? Funding? Community support? Eco-system? You must work to pull these things to you, not push them unto what you think Bitcoin is. Because the second you push something which disagrees with what Bitcoin is, Bitcoin swiftly moves and pushes you right out the revolving door. [link] [comments]  | ||
| Posted: 01 May 2020 01:16 AM PDT
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| Posted: 30 Apr 2020 02:57 PM PDT | ||
| Banned from the cult of r/bitcoin Posted: 01 May 2020 03:20 AM PDT I've been banned from r/bitcoin for advising a newbie that investing 100 dollars probably would never get them a lambo. Have been banned previously for advising a newbie not to invest based solely on upcoming Bakkt opening as it may cause a dump, and maybe waiting a while. Asked the moderator for an explanation of the ban and they muted me and blocked me. Any similar experiences with the cult of r/bitcoin? [link] [comments]  | ||
| Vitalik Buterin: Ethereum, Cryptocurrency, and the Future of Money | AI Podcast #80 with Lex Fridman Posted: 01 May 2020 04:34 AM PDT
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| Posted: 30 Apr 2020 04:21 PM PDT
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| New Method for Stealing Money From Lightning Network Nodes Disclosed by Square Developer Posted: 30 Apr 2020 09:04 AM PDT
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| Posted: 01 May 2020 04:29 AM PDT Is the btc.com wallet down?? I just received some funds to get some household goods and now I can't even access my wallet! [link] [comments]  | ||
| Posted: 01 May 2020 01:15 AM PDT
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| The Impact of KYC (Know Your Customer) on the Crypto Industry Posted: 01 May 2020 07:26 AM PDT
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| Cannabis and Video Games Sales through Bitcoin up by 50% during the COVID pandemic. Posted: 01 May 2020 03:25 AM PDT While the world steers through this pandemic, it is interesting to see how industries that operate with bitcoin are affected. Despite COVID's paralyzing effect on the global economy, some industries that are accepting bitcoin are doing relatively well. Businesses that are performing well during these times:
Almost all of them saw an increase in revenue by up to 50% It is no surprise that the brick and mortar type stores have suffered the most during these times while online businesses performing better than offline stores. Additionally, a majority of business owners (55%) decided to hold there BTC or buy more during the ongoing pandemic. What are some of your thoughts on the effects of COVID on bitcoin businesses? [link] [comments]  | ||
| $515M Crypto Fund II - Andreessen Horowitz Posted: 30 Apr 2020 08:33 PM PDT
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| BCH success will not necessarily come with a BTC loss of value Posted: 01 May 2020 07:58 AM PDT A lot of people are discrediting BTC here, as if Bcore was the bad side and Bcash the good one, as if there will be only one left and the success of one of them comes with the loss of value of the other. Like a bitcoin cash extremism... lol [link] [comments]  | ||
| Square developer finds Bitcoin Lightning exploit Posted: 01 May 2020 07:57 AM PDT
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| Posted: 30 Apr 2020 07:14 AM PDT
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| Posted: 01 May 2020 06:29 AM PDT | ||
| Andreessen Horowitz Raises $515 Million; BTC Fee Numbers Go Up; BitMEX Losing Market Share Posted: 01 May 2020 06:21 AM PDT
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| Why Fundstrat Believes that Bitcoin (BTC) Would Rally By 193% Over the Next 6 Months Posted: 01 May 2020 05:18 AM PDT
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| Posted: 01 May 2020 05:07 AM PDT
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| When Paypal and western union failed BCH saved the day. Posted: 30 Apr 2020 05:51 AM PDT So I had to get some money to Brazil. Due to the lockdown my wife's family and friends 👫 started an organization to provide basic assistance to hungry families during the quarantine. Paypal from USA account to a family member in Brazil ..... failed . Paypal never would allow my transactions to go through with Brazilian citizens who have never been to the USA or do not have a Visa to come here. So next we tried western Union. Currently there has been almost 1K of US dollars floating around in their system now. No one in Brazil can access it because of .... the virus 🦠. So no shit there I was, all money transaction systems are down for the count and people really need food. I talk it out with my Liberland friends. They really hooked me up. Using Bitcoin Cash we got the girls in Brazil funded and the people of Brazil 🇧🇷 that we could help are able to put rice and beans on the table. I just want to say thank you to Liberland Aid Foundation and Roger Ver for making Bitcoin Cash work when the traditional centralized systems failed us. Thank you. 🙏🏾 [link] [comments]  | ||
| BitcoinCash analytics in retail usage Posted: 01 May 2020 04:39 AM PDT
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| Enjoy watching this the next couple of weeks! Posted: 30 Apr 2020 11:08 AM PDT Took me a while to remember what this was called and find it, but this is my favorite fee watcher :) [link] [comments]  |
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