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    June 28, 2021

    BTC Scumbag

    Scumbag

    Posted: 27 Jun 2021 08:50 PM PDT

    Kim Dotcom:” Lightning is stillborn, unintended, custodial, Blockstream patented, insecure, off-chain and not Bitcoin. #BitcoinCash is the #Bitcoin Satoshi intended and we are growing our vendor and user numbers rapidly with faster than lightning on-chain transactions and the cheapest fees.”

    Posted: 27 Jun 2021 08:58 AM PDT

    A reminder of the tactics that BTC supporters have ZERO reservations about using in order to get their way:

    Posted: 27 Jun 2021 06:20 PM PDT

    Key witness in Assange case admits to lies in indictment

    Posted: 27 Jun 2021 02:27 PM PDT

    BTC hash rate is now just 1/3 of what it once was. I thought China had only 1/2 of the world's hash? Amazing that nobody is talking about this and BTC price is rising before this has even been resolved!

    Posted: 27 Jun 2021 08:50 PM PDT

    El Salvadorian $30 citizen payment to take more than 1.22 Years to distribute with BTC/LN and cost government $90m+ in BTC fees, President Bukele, Bitcoin Cash can deliver all payments in less than a day for less than $10k.

    Posted: 28 Jun 2021 02:19 AM PDT

    How is the El Salvadorian government going to hand out 30 usd worth of Bitcoin to every citizen, are they going to make 4.5 million on chain tx?

    Posted: 27 Jun 2021 07:38 PM PDT

    It will just be an centralized payment app on their phone that the goverment will control. They will have to do KYC and it might give an option to withdraw the Bitcoin to your own adress, they will make sure fees are high enough (15 usd?) that nobody is going to want to do it. its also unlikely they will buy 135 million dollars worth of Bitcoin. they will just say they have done so but not provide proof. When El Salvadorians request a btc withdrawl from the app the btc will most likely come from regular exchanges and be bought after the withdrawl request.

    submitted by /u/i_have_chosen_a_name
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    “ Just bought a domain name and paid with Bitcoin Cash, the payment was instant, it took less than a second, zero fees, onchain transaction.”

    Posted: 27 Jun 2021 02:38 PM PDT

    “ Ethereum, Bitcoin Cash, Litecoin - because they're all trying to build stuff that is actually usable day to day. BTC's hodl mentality doesn't speak to me personally.”

    Posted: 28 Jun 2021 12:00 AM PDT

    Bitcoin Cash City Tour Episode 12 - Maggie Link Cafe

    Posted: 27 Jun 2021 06:32 PM PDT

    Zapit is now available on iOS

    Posted: 27 Jun 2021 11:07 PM PDT

    BCH payment processor Prompt.Cash adds PayPal API layer compatibility

    Posted: 27 Jun 2021 02:11 PM PDT

    We at Prompt.Cash added PayPal API layer compatibility for our REST API.

    ​

    What does this mean?

    It means that the over 10k payment libraries on GitHub can now interact with Prompt.Cash: https://github.com/search?q=paypal

    We make merchant migration from PayPal USD to BCH easy and seamless. Compatibility on the API layer enables websites using PayPal to try out $BCH payments without investing many resources & Developer knowledge

    ​

    Here is a demo video: https://youtu.be/k_0JrO1UKpA

    ​

    Do you want to connect your store and favorite library to BCH? Come talk to us at our Telegram: https://t.me/PromptCash

    This feature is early beta and some APIs are not yet implemented (and some can not be implemented such as refunds/subscriptions). Therefore we appreciate any feedback to refine and improve our PayPal API layer according to the needs of the most popular PayPal software out there.

    submitted by /u/Ekliptor
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    BTC: A House of Cards ��

    Posted: 27 Jun 2021 01:48 PM PDT

    This is the "history" of Bitcoin Cash you get when you promote David Gerard's views

    Posted: 28 Jun 2021 02:58 AM PDT

    Read: https://davidgerard.co.uk/blockchain/2021/06/27/bitcoin-myths-immutability-decentralisation-and-the-cult-of-21-million/

    The notes below refer to the above article by Mr Gerard. Some corrections were in order.

    1. Falsely blames Bitcoin Cash's creation for the community schisms that were already present between on-chain scaling proponents and Core

    2. Wrongly attributes "code forks, retributive DDOS attacks, death threats, a split between the Chinese miners and the American core programmers …" to Bitcoin Cash, when all of these occurred long before during the preceding years "scaling wars"

    3. "Finally, in late 2017, large holder Roger Ver, in concert with large mining pool and mining hardware manufacturer Bitmain, promoted Bitcoin Cash" - makes it sound, via omission in the history, as if Roger Ver "finally" created BCH together with the Chinese. BCH was created by 4 big block development teams and miners. It did have initial support from Bitmain (and ViaBTC), but Roger only switched to supporting it after Segwit2X failed. Roger had no hand in creating Bitcoin Cash (except by way of moral support for Bitcoin as a real p2p cash system and his support to those who fought for that before BCH came into existence)

    4. "Bitcoin Cash launched in September 2017, and wanted to take over the "BTC" ticker on exchanges" - embarrasingly gets the month wrong (BCH was forked on 1 August 2017), and misrepresents that Bitcoin Cash launched with its own ticker from the get go. How can one even get such a simple fact wrong when trying to give a "history"? Beats me.

    5. "Mostly, the few retail users of Bitcoin would get confused between the two, and end up sending money to an address on the wrong chain." - amplifies the FUD spread at the time by Core supporters about users getting confused between the two chains. This occurred far less frequently (however, can't ever completely exclude stupidity) since the chains had separate names, tickers, logos, different signature schemes (for replay protection), and even address formats were made different after a while.

    6. "Bitcoin Cash completely failed to gain traction as a retail crypto" - completely untrue. As recent evidence from payment processors shows, BCH is basically the #2 crypto after BTC in terms of retail transactions in the world. You can judge ongoing adoption efforts yourself.

    7. "[Bitcoin Cash] failed to get any takeup in the darknet markets" - this is also untrue, not sure why Mr Gerard sees it necessary to spread a falsehood about this. He could just google the facts. I'll add some to this post later, the Internet doesn't forget. It's true that dark net markets pivoted to other privacy coins later on, under increased pressure from authorities. However, that doesn't mean there was no initial uptake of Bitcoin Cash. During BTC's high fee period, there certainly was.

    8. "None of the disputes were really technical — it was all the politics of who got to make money." - Another falsehood. Many of the disputes were technical, essentially non-engineers like Mr Gerard claiming "Bitcoin can never work" versus software engineers, many having experience in scaling systems, holding the opinion that Bitcoin could scale, given the appropriate technical attention.

    9. "They figured that if they shouted enough abuse at each other, they'd get rich faster, or something." - for Mr Gerard, this seems to be the only motive. He of course neglects that many people who try to build and improve Bitcoin Cash, are not in need of more money and do so because they believe it is important for other reasons. He discounts (actually: neglects to recount) these reasons. If you don't know what reasons I'm talking about, watch some early Bitcoin videos to educate yourself.

    10. "Bitcoin Cash fell flat on its face." - Hasn't happened. BCH was only displaced out of the top 10 relatively late in recent history, and only because the market is severely distorted. Fundamentally, BCH is still strong, and successful adoption efforts in many countries bear this out - another inconvenient fact that Mr Gerard needs to omit for his narrative.

    11. "Bitmain ended up with 1 million BCH "inventory" — that is, a pile of coins there was no market for — and fired its entire BCH team in late 2018." - A very curious assertion, that there was no market for those BCH, since many believe that Bitmain sold those coins. How does that work without a market? Also, the "BCH team" that Gerard alleges was fired in 2018, doesn't seem to have been a BCH team at all, but a Bitmain development unit in Israel which was probably focused on hardware, firmware and software for the Bitcoin mining equipment which is Bitmain's main business. Certainly I haven't seen commits to the BCH clients from developers of that unit.

    12. "The main thing keeping it alive is that it's listed on Coinbase." A garbage assertion. Bitcoin Cash is a peer to peer electronic cash system, and while centralized exchanges like Coinbase are important, they are not what keeps a p2p coin alive. BCH has been delisted from exchanges already, and it will probably happen again in future. The point of cryptocurrency is not to make yourself dependent on such "crypto banks" again. This lesson will be re-learned until it has stuck.

    13. "the BCashers decided that calling BCH-Coin "BCash" was a slur." The campaign to discredit Bitcoin Cash by removing its association with the "Bitcoin" name was well documented and continues to this day, with significant aid from those who are not properly informed on the details of the matter. The simple fact is that this slurring occurred because Bitcoin Cash was a real threat to BTC, not like the countless "Bitcoin XXX" clones that were popped up later to muddle the public or to make a quick buck (in some cases both).

    14. He does not provide a source URL for the Bitcoin Cash graphical logo with transparency which he trots out in support of the "BCash" name. If you grab such one image where the "Bitcoin" was in white on purpose (for use on dark backgrounds) out of a media kit, to make such a point, then you're intentionally ignoring that the actual logo design with text showed "Bitcoin Cash" quite clearly, and graphic designers know which image to select to best match their backgrounds (hint: unlike Mr Gerard on his website).

    (Original article archived here and here so that we can see whether Mr Gerard corrects the wrong information in his article.)

    submitted by /u/Pablo_Picasho
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    "Being a Tether critic on twitter is playing twitter on hard mode."

    Posted: 27 Jun 2021 03:20 PM PDT

    Kim Dotcom: “Because [Bitcoin Cash] works. Low fees, fast transactions, easy to use and secure. I looked at all cryptos to use for my upcoming new innovation and Bitcoin Cash ticked all the boxes.”

    Posted: 27 Jun 2021 05:58 AM PDT

    Aftermath of a year as a digital content creator on read.cash

    Posted: 28 Jun 2021 12:04 AM PDT

    Peer to peer electronic cash continues to spread.

    Posted: 27 Jun 2021 09:06 AM PDT

    I've never seen this before. BTCs days until difficult adjustment are going up.

    Posted: 28 Jun 2021 12:50 AM PDT

    10 Reasons To Pay With Crypto - Guide

    Posted: 28 Jun 2021 12:28 AM PDT

    There are plenty of reasons why you should start adopting cryptocurrencies as a mode of payment early today. Here's a list of 10 reasons that you might be keen to look at (see the following guide for more details on each one): 10 Reasons You Should Pay With Cryptocurrency

    1. Much faster cross-border payments
    2. You can be pseudo-anonymous
    3. Full control over your funds
    4. It could potentially be tax-free in some countries
    5. Cryptocurrencies are typically trending upwards in value
    6. Blockchain is eventually going to enable microtransactions
    7. An increasingly large number of people are using cryptocurrency
    8. An increasing amount of famous brands and companies are accepting cryptocurrency
    9. Automated payments made simple
    10. You may soon find yourself using cryptocurrencies without knowing it
    submitted by /u/thumbsdrivesmecrazy
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    Tether Crash Ahead ⚠️

    Posted: 27 Jun 2021 07:52 AM PDT

    Tried using BCH on kinguin

    Posted: 27 Jun 2021 01:08 PM PDT

    They generate a QR code for bitpay bitbay, sadly the QR is not detected by the bitcoin.com wallet. I had to use a 3rd party qr scanner, then i could open the URL and only then bitcoin.com (automatically opened) and accepted the address and amount. Now waiting for a confirmation because apparently bitpay bitbay needs 1 conf. We cant fix bitpays bitbays retardedness, but can we at least fix bitcoin.com wallet to actually scan a qr code?

    submitted by /u/-UNi-
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    Boston Fed President Says the 'Exponential Growth' of Stablecoins Could 'Disrupt' Money Markets

    Posted: 27 Jun 2021 02:18 PM PDT

    Tokens on BitcoinCash �� Lets Learn about them (Share them )

    Posted: 27 Jun 2021 10:45 AM PDT

    Blockstream has difficulties finding customers for its centralized bank solution called Liquid. If it were publicly traded, people would short it ��‍♂️

    Posted: 27 Jun 2021 07:33 AM PDT
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