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    Tuesday, September 29, 2020

    Home Unlabelled BTC PurseIO Announcement: We bought into the idea of bitcoin as sound money underpinned by “A Peer-to-Peer Electronic Cash System.”

    BTC PurseIO Announcement: We bought into the idea of bitcoin as sound money underpinned by “A Peer-to-Peer Electronic Cash System.”

    September 29, 2020

    BTC PurseIO Announcement: We bought into the idea of bitcoin as sound money underpinned by “A Peer-to-Peer Electronic Cash System.”

    PurseIO Announcement: We bought into the idea of bitcoin as sound money underpinned by “A Peer-to-Peer Electronic Cash System.”

    Posted: 28 Sep 2020 06:47 PM PDT

    While smaller than the speculative market, there’s still a vibrant community that depends on using bitcoin as money. Most of them aren’t on Twitter, and journalists don’t write about them.

    Posted: 28 Sep 2020 06:56 PM PDT

    Over 6 years ago, we started with a very simple mission: Make Bitcoin Useful. We dreamt of a world where everyone uses bitcoin everywhere. Today, I'm happy to announce that we will continue on our mission.

    A few months ago, we announced that we will close the company. The decision wasn't driven by cash or runway which is the most common reason startups fold. We just weren't sure what to do next and thought we'd return capital to our investors who could make better use of it.

    With the crypto market gravitating towards speculation, we didn't want to build speculative use cases. We bought into the idea of bitcoin as sound money underpinned by "A Peer-to-Peer Electronic Cash System." If everyone just HODLs, however, bitcoin doesn't need us to build use cases or continue protocol development.

    Bitcoin doesn't need further development or use cases if it's just for institutional HODLers.

    After we announced the closure, we received an outpouring of support. Countless people around the globe wrote to us saying that they couldn't live without Purse because they're unbanked. Others told us that when the Venezuelan supply chain collapsed, they survived because of Purse. While smaller than the speculative market, these messages helped us realize that there's still a vibrant community that depends on using bitcoin as money. Most of them aren't on Twitter, and journalists don't write about them.

    We finally realized HODLers on Twitter were too wealthy to care about saving 15%+ on Amazon.

    We want to thank everyone who helped us come to this realization that people still rely on bitcoin as useful money. We also want to thank those who have been involved in this process including those who provided advice, volunteered ideas and offered funding. Lastly, we want to thank our loyal customers who continued to use Purse despite the limbo state of things. Sustained growth in transaction volume and liquidity post-announcement gave us confidence to continue and buy back most of our investors.

    Instead of closing Purse or selling the marketplace, we came up with an exciting roadmap doubling down on our commitment to serve our customers. Purse is here to stay.

    Thank you,

    Andrew Lee
    CEO at Purse

    submitted by /u/MemoryDealers
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    All BCH SPV wallets need to update to be compatible with Novembers new DAA, for Elecetron Cash users this means release 4.1.1 or later

    Posted: 28 Sep 2020 11:06 PM PDT

    "Congratulations" is a strange way of saying "we're sorry we deleted your app for no legitimate reason" (The good news is LBRY Android will be back -- with no changes other than a sweet new shuffle mode ��)

    Posted: 29 Sep 2020 01:22 AM PDT

    Internet Archive accepts Bitcoin Cash donations! You can now also earn SOUR SLP tokens for your BCH donation (100K+ sats) by adding a Memo with #donate4SOUR

    Posted: 28 Sep 2020 08:07 PM PDT

    Most nodes have not yet upgraded their software for the November 15th hardfork

    Posted: 28 Sep 2020 11:08 PM PDT

    "Lightning is a dead end unfortunately, nobody uses it." @CobraBitcoin

    Posted: 28 Sep 2020 06:20 AM PDT

    "Yes, I believe #BitcoinCash has a chance to become the biggest cryptocurrency in market cap and adoption because it's Bitcoin, and the well managed version that has no rent seekers siphoning off value."

    Posted: 28 Sep 2020 09:57 AM PDT

    Crypto-Stickers

    Posted: 29 Sep 2020 12:08 AM PDT

    Crypto-Stickers

    Hello #BitcoinCash Community, in my shop you will find a limited number of free $BCH Sticker Sheets. Go to my shop and get them. If you find any other merch that you like, you can purchase it.

    https://www.crypto-stickers.com/product-category/bch/

    https://preview.redd.it/aap4h1nod1q51.png?width=1063&format=png&auto=webp&s=7f8818f130e1f87e9b08e17b8a413135ad54741c

    submitted by /u/sleone8376
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    altcensored.com (archives restricted youtube videos and deleted youtube channels) takes BCH donations. I'll show them some love.

    Posted: 28 Sep 2020 02:48 PM PDT

    Looking for BCH builders, businesses and users in MEXICO - please reach out

    Posted: 28 Sep 2020 12:14 PM PDT

    Big Boys, Big Blocks - with Marc de Mesel and Peter Ng: Recap

    Posted: 28 Sep 2020 01:03 PM PDT

    Impossible for miners to accidentally enact IFP?

    Posted: 28 Sep 2020 02:22 PM PDT

    This whole time I've been imagining that clueless miners who are out of the loop might unwittingly enact IFP (as they simply keep their ABC software updated) and artificially boost hashpower for ABC coin on Nov. 15. But a recent comment in this sub claimed that miners have to take specific, deliberate action to modify their mining software to mine on an IFP chain. If that's true, ABC is even more DOA than I ever imagined!

    If this is true, it might be good to have it more widely known. If it's not true and miners could accidentally mine an IFP chain, I'd like to know.

    Update: u/jtoomim has confirmed that miners have to take deliberate action to mine IFP and thus it's impossible for them to accidentally give their hashpower to ABC coin.

    submitted by /u/fixthetracking
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    What is Bitcoin Cash? Portuguese video

    Posted: 28 Sep 2020 11:23 AM PDT

    This type of BAD community attitude is exactly why I'm NOT bullish for Litecoin despite the stable platform and low fees.

    Posted: 28 Sep 2020 06:02 AM PDT

    The unknown "hath" miner has ~20% of the total hashpower out the last 400 blocks, diluting BCHN signalling

    Posted: 28 Sep 2020 08:50 AM PDT

    Microsoul

    Posted: 29 Sep 2020 12:44 AM PDT

    I have some Microsoul BTC physical coins , can these be redeemed in anyway?

    submitted by /u/Bradpole
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    Lightning Network Failed Compared to wBTC: Roger Ver

    Posted: 28 Sep 2020 10:28 AM PDT

    BitcoinCash.site is hiring in Latam, Africa & South Asia

    Posted: 28 Sep 2020 10:59 AM PDT

    OpenBazaar Narrowly Avoids Shutting Down Essential Services After Donations Push

    Posted: 28 Sep 2020 12:02 PM PDT

    Gold Prices Rally Higher While Bitcoin Fails to Reach $11,000, What’s Next for BTC?

    Posted: 29 Sep 2020 01:09 AM PDT

    14 facts about Bitcoin

    Posted: 29 Sep 2020 12:39 AM PDT

    1. Apparently people in the community are using Honey badger as the unofficial mascot of Bitcoins .

    2. Apparently in 2010 due to a bug 184 billion BTC were produced :joy: , don't be so happy guys this error is already erased .

    3. The maximum number of Bitcoins is not actually 21 millions but actually 20.99 something.

    4. A smaller unit than Satoshi is in use now called msat!

    5. Bitcoin's uptime is covered apparently 99.99% which is supposed to be an amazing thing if a centralized body achieve it .

    6. The Disappearance of Bitcoins is actually connected with CIA when a person named Gavin actually went and complained about him. - creepy - (I don't think he would have disappeared if all he did was say good things about him)

    7. The first Faucets actually gave 5 BTC ! 5 to each visitor ( why did I not know of this before :sob:)

    8. It is only used 10% for the crime thing ! ONLY 10% ! (For people asking me to back it up :joy: " Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent. A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously.", Read about it first !)

    9. There are around 70 forks related to Bitcoins.

    10. Mining consumes much energy as a mid size country :sweat_smile: ( we gotta use some renewable sources soon enough )

    11. The first transaction for Bitcoins was made for PIZZA !(first time when it was used as a Currency)

    12. Lightning network can hold millions of transactions per second! ( Trust me that's good )

    13 . Since 2017 the Bitcoins have achieved higher transactions compared to PayPal related to values .

    1. You can gamble via crypto currency on an online decentralised+ liscenced casino- EarnBet and require no KYC in the process
    submitted by /u/DavDao382
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    Hi guys! We are looking for people to help research blockchain projects professionally. Dropping info here in case you're interested!

    Posted: 28 Sep 2020 04:00 PM PDT

    China's BSN Integrates with Public Blockchain Nervos In Global Expansion

    Posted: 28 Sep 2020 06:53 PM PDT

    BSN's support for Nervos and other public blockchains marks an extension of its worldwide system as BSN keeps on advancing the turn of events and all-inclusive appropriation of blockchain innovation. Presently, BSN's China Portal only underpins permissioned blockchains because of neighborhood guidelines, however, its new International Portal will give worldwide clients direct admittance to top public blockchain networks like Nervos.

    submitted by /u/Samkeddy
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    A Nevada Woman spent 12 Bitcoins on Dark Web to get her husband murdered - The Daily Chain

    Posted: 28 Sep 2020 06:18 PM PDT
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