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    Thursday, April 1, 2021

    Home Unlabelled BTC Meanwhile in California thousands of Bitcoin Cash stickers are being printed.

    BTC Meanwhile in California thousands of Bitcoin Cash stickers are being printed.

    April 01, 2021

    BTC Meanwhile in California thousands of Bitcoin Cash stickers are being printed.

    Meanwhile in California thousands of Bitcoin Cash stickers are being printed.

    Posted:

    Getting Kim Dotcom up to speed on the Bitcoin history

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    Kim Dotcom on Twitter

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    A Real Bruh Moment

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    Good to see neutral/positive BCH articles from 3rd parties like Yahoo!finance, might be many peoples first introduction to BCH

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    airBaltic: In 2014, we became the world’s first airline to accept Bitcoin payments for flight tickets. Now, in cooperation with service provider @BitPay , we accept also other cryptocurrencies like Bitcoin Cash, Ether and Dogecoin for bookings made on our website

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    Buying a Tesla with BTC

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    They found that it would cost ~0.084 BTC a day to paralyse 830 BTC of LN liquidity

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    Fake Trezor iPhone App Scams User Out of $600,000 in Bitcoin. Scammers accomplish this by modifying their apps after they've been approved on Apple App Store & Google Play store.

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    Elly wallet updated and it now allows buying crypto (BCH included) with Mastercard and Visa.

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    Bitcoin's Fungibility Graveyard

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    Haipo Yang:” We just open source the ViaBTC bitcoin mining pool server, checkout”

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    LBRY Inc. is being targetted by the SEC. Since the LBRY blockchain is based on Bitcoin, could Bitcoin Cash incorporate the functionalities of LBRY?

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    Here is the litigation text.

    The LBRY blockchain is decentralized. There is, however, some centralization around it:

    1. The coin is exchanged in few places.
    2. The company has most of the coins, which are distributed to content creators on their judgement.
    3. The development of most tools (wallets, mining software, platforms) is done by the same team (LBRY Inc. devs).
    4. It is not clear how many miners or full nodes are run by users unrelated to LBRY Inc.
    5. While the content is distributed in a p2p way, most of the media is being seeded by their servers.

    Nonetheless, the idea behind LBRY is good. It uses staking in order for people to vote on the metadata related to content. This way, the name of a file can be determined by the amount of staking from all users toward one name.

    Combined with p2p file sharing, this provides a decent censorship-resistant video sharing platform.

    Here is the LBRY spec.

    Could something like this work on Bitcoin Cash? The main issue still remains though how to incentivize/monetize seeding.

    submitted by /u/deojfj
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    Current Troll Tactics

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    Is Bitcoin actually censorship resistant? (Interview with Josh Ellithorpe)

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    1 hour of discussion with @KimDotcom was cut out of the discussion by @SwanBitcoin

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    The reasons why BTC maxis ragequit: 1) No arguments and 2) to maintain their reputation to profit (workshops, speaking fees, etc.)

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    The more I see unnecessary exuberant responses like these, I cringe.

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    $44 million sent securely for less than a penny. BitcoinCash BCH is open source money.

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    Using BCH

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    I would like to start using BCH when and where I can, but the idea that every transaction is a taxable event that I need to account for come tax time, seems daunting to me. How does one go about keeping it simple for tax purposes? (in the USA).

    submitted by /u/Rhinosauron
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    Kim's statement on the YouTube link Uploaded on Mar 30, 2021 “When you tear out a man's tongue, you are not proving him a liar, you're only telling the world that you fear what he might say.” - George R.R. Martin "Hornet's Nest I've Shat Em" - Bob Hoskins

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    Which address is the right one for kraken withdrawals?

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    Hello everyone. Recently i have purchased my first ever bitcoin cash (hooray!) but i am having problems with withdrawing it from kraken. Both the legacy and cash address are showing up as invalid addresses on kraken. some quick help would be very much appreciated.

    submitted by /u/ProfessorJeebus
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    Is anybody working on a way to make in really hard for deep packet inspection to detect traffic from Bitcoin nodes to prevent your ISP from detecting you are running a node at your home connection and shut down your internet cause you are breaching their SLA.

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    So far governments have generally speaking said: alright we will allow your Bitcoin.

    This is because right now Bitcoin just moves fiat around from the pockets of losers to the pockets of winners. The government don't give a shit about that. Fiat goes in, fiat comes out. Not a problem.

    But if this ever changes, and it migth (we are working hard on changing this)

    Goverments around the world can get together in their G9 bildeberg meetings or whatever they call em and the 0.001% can all agree to make crypto illegal.

    This means:

    • ISP's will be forced by law to do deep packet inspection and shut your internet down if you are running a node.

    • Every exchange that is a bank will lose their banking license

    • Every centralised exchange will be shut down and their fiat assets frozen by a request to their bank that the bank by law has to follow.

    Now 1 BCH will still be 1 BCH even if every cex goes offline.

    But users risking t heir ISP's shutting down their internet when Bitcoin related traffic is detected.

    That is HUGE issue.

    Let's say that 2 years from now this will happen in The USA and the UK first and 1 year later in most european countries,.

    Let's say within 5 years this will happen in most european countries.

    How do we counter this TODAY? Or do we just hope it won't happen.

    Or will Spacex soon be the only internet that will allow Bitcoin traffic so that Elon Musk can control like absolutely everything?

    submitted by /u/i_have_chosen_a_name
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    A primary hurdle to global adoption is education and reputation.

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    On education, most consumers are still unaware of many aspects of cryptocurrency technology. They're casual fans; not hardcore supporters. When it comes to money and assets, people aren't embracing what they don't understand.

    Thus, there's a need among blockchain companies, crypto enthusiasts, and libertarian technologists to continue to educate the masses about Bitcoin Cash and its application.

    They also need to inform the world about the disruptive tech that underpins digital money (i.e., blockchain), as well as the many advantages of non-sovereign, global monies. Governments reduce the value of fiat by printing it to eventual death (think ancient Rome's denarius coin) whereas Bitcoin Cash have limited supply and are anti-inflationary.

    On reputation, hackers, scammers, pump-and-dump fraudsters, thieves, and other bad actors have tarnished the nascent industry. Consumers get the impression that in this new Wild West, they can get robbed by anonymous outlaws.

    A few bad apples have stained everyone's collective reputation. It's tough to convince households to invest thousands of dollars in Bitcoin Cash when their funds can be stolen at an exchange, phishing website, or through crypto-jacking.

    submitted by /u/Old_Sir95
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    Pinned hit piece on blockchain wallet for not implementing segwit includes more lies about Roger Ver

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    Why the Kim Dotcom Clubhouse event was a watershed moment for me

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    There was nothing I hadn't already heard but

    • It doesn't matter which crypto wins as long as enough of us have unconfiscateable, uncensorable coins / assets on the 'on' side of a crypto on-off ramp.
    • It doesn't matter that the BTC maxis / small-blocker narrative manipulators won to the extent that they currently have.
    • The debate, the dirty tactics, the smash-the-toys-rather-than-let-others-play-with-them UASF, the split and the delay and damage it caused to adoption doesn't matter.
    • Whether by some miracle, they succeed in persuading enough people to believe in Szabo's novel theory of the evolution of money and if lightning or something or combination of somethings allow BTC to be accessible / usable to those who most need crypto works such that the BTC maxis' 'has to be SoV first' mantra turn out to be right or not doesn't matter.
    • Whether Tether turn out to own sufficient liquid funds to back their coin and will honour withdrawals as and when requested and will be left to thrive by govt's and central banks or whether they will at some point crash and burn and smash the crypto markets to smithereens in the process causing a long crypto 'winter' doesn't matter!

    None of it does! I have been talking a lot about the Szabo SoV first thing recently and the propaganda piece that was instrumental in it becoming so inculcated in the maxi's mindset. But the penny dropped for me when I heard that fella (Dennis?), in response to a technical exchange on on-chain scalability, breaking into a romantic tale of a theoretical means by which gold could have become a currency (he even threw in the 'it started with barter' nonsense just in case there was any doubt that this is made up shit, loosely-based on the Austrian school origin-of-money myths rather than anything based on fact). That moment was when I saw it for what it is and in the same moment realised it doesn't matter.

    It's the BTC maximalsts' creation myth. In this case, the 'true believer' (as opposed to, like in all religions, the 'leaders' who are taking them for a ride) believe they are living through their own creation story of how their beloved Bitcoin will go through the preordained sequence and they have not one iota of doubt that the inevitable outcome is its world dominance!

    And if we needed any further proof that it is a religion, the poor fella actually said out loud that he would 'rather die' than give up the means to run his 'full node' (yup, the last vestiges of reason have left the building)!

    But even if, as it appears to be, that the price of BTC is now mainly held up by speculators who admit they're speculators and just want to sell for more fiat, speculators who kid themselves they are part of some mission (and are therefore not just being greedy by hodling), people (and corporates) who don't understand at all but are just buying in because of the hype and of course a massive dollop of centralised stablecoins and it all comes tumbling down, it doesn't matter!

    I actually think one of the best things that could happen now for the future of crypto is for the bitcoin.com domain and r/btc to be gifted to let's say Jimmy Song and u/theymos respectively; cease with trying to convince people of the truth of the history and the lies and just get on with our lives. Why? Because it doesn't matter! Of course we couldn't / wouldn't deny our shared heritage and give up the Bitcoin from our Bitcoin Cash name. However, what harm is there in letting them spread their propaganda, proselytise their religion coin to as many of the masses as will convert to it and simply letting it, without resistance from within the crypto space take its natural course and genuinely wish them 'good luck staying rich'?!

    submitted by /u/pretentiousername
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