• Breaking News

    Monday, September 27, 2021

    BTC Bitcoin is..

    BTC Bitcoin is..


    Bitcoin is..

    Posted: 26 Sep 2021 04:41 AM PDT

    Sound money based on cryptography, randomness, proof of work, chains of transactions, and market governance, started Jan 3, 2009.

    Like gold coins it is cash, because there is no custodian.

    The value comes from the demand to keep a cash balance, and that again comes from usablity for transfers. Only that, since the thing in itself is unreal. The only thing that connects bitcoin to the real world is the timestamp in the block header.

    BTC and BCH are bitcoins. Bitcoin Cash (BCH) is one of the two branches from the 2017 chainsplit, BTC is the other branch.

    The reason for the split was disagreement over the capacity.

    Bitcoin Cash (BCH) also avoided the nonsensical segwit. BCH is bitcoin, simple, lean, with unbounded capacity.

    A compact history of BTC/BCH: https://i.redd.it/jekkrcso3og61.png

    Speculators: Be aware.

    submitted by /u/ErdoganTalk
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    Bitcoin Cash FTW ✌️��

    Posted: 27 Sep 2021 01:49 AM PDT

    How it Started vs How its Going

    Posted: 26 Sep 2021 10:21 PM PDT

    The Rutledge Group of North Queensland begin accepting Bitcoin Cash - Increase crop yield with laser leveling for BCH

    Posted: 27 Sep 2021 12:15 AM PDT

    ChainTipper - High-Speed Non-Custodial ChainTipping (open beta)

    Posted: 27 Sep 2021 12:33 AM PDT

    read.cash/@molecular/chaintipper-high-speed-non-custodial-chaintipping-open-beta-f5e1240b

    (for some reason submitting as link got the post shadowbanned, so I'm doing it as text post again)

    submitted by /u/moleccc
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    There has been now 210,000 transactions performed on Smart BCH resulting in 15 BCH being burnt.

    Posted: 26 Sep 2021 02:25 PM PDT

    Bitcoin Cash FTW ✌️

    Posted: 27 Sep 2021 01:47 AM PDT

    Benswap, the first ever decentralised exchange build on top of Bitcoin Cash now has over 1 million dollars worth of liquidity on the flexUSD/BCH pair. (1144 BCH and $ 580 000)

    Posted: 26 Sep 2021 04:50 PM PDT

    BCH Weekly News - Sep 27

    Posted: 26 Sep 2021 10:49 PM PDT

    Choose your sound money wisely!

    Posted: 26 Sep 2021 03:03 PM PDT

    6.6% fee to transfer USDC? Apparently I need to buy BCH to transfer my money cheaper?

    Posted: 26 Sep 2021 01:06 PM PDT

    “ Just bought some food at my local restaurant using #BCH Bitcoin cash. This feeling when your favorite crypto actually works, can’t describe how pumped I feel about it! Taste of freedom”

    Posted: 27 Sep 2021 01:45 AM PDT

    It's almost criminal that BCH, a trustworthy and highly used currency, is only worth near 1/100th of its obsolete predecessor

    Posted: 26 Sep 2021 04:21 PM PDT

    “Inner Mongolia, China announced that it has closed 45 mining farms, and the latest operation confiscated 10,100 mining machines”

    Posted: 27 Sep 2021 01:26 AM PDT

    Since the launch of SmartBCH about 2 months ago, more then 210 000 transactions have been made (average of 3500 a day) and 15 BCH (about $7,500) has been burned (destroyed).

    Posted: 26 Sep 2021 04:47 PM PDT

    CryptoForTheHomeless

    Posted: 26 Sep 2021 09:42 PM PDT

    Hello, I'm a senior in High School who just began to volunteer for CryptoForTheHomeless and I'm trying to help in any way I can. We're currently looking for people to hand food out and allow more food to be given out to the homeless.

    We have currently spent no money on advertising and/or overhead so we're relying on organic growth to reach more people willing to volunteer.

    Requirements:

    1.Print out flyers https://imgur.com/pPH2rC2 2.Buy/Hand food out 3.Take photos of the food being given out with the flyers. 4. Send a the photos along with the receipt to cryptofthl@gmail.com and everything will be reimbursed in cypto (or cash if preferred)

    The biggest hurdle for the organization has been finding volunteers to give food out.

    There are several past redditors volunteers who can vouch for the integrity of the charity so please don't be hesistant to help today. Thank you!

    Resources:

    Discord: https://discord.com/invite/wRa57W2jY5 Website https://cryptoforthehomeless.org/

    submitted by /u/ziaaa_
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    RyverAsia: BCH cups are ready to volunteers and Ryver Asia allies! Bitcoin cash Life style.

    Posted: 26 Sep 2021 12:14 PM PDT

    “ Just in: China's largest exchange Huobi announced that before December 31, it will retire all existing mainland China users. ”

    Posted: 26 Sep 2021 09:15 AM PDT

    Privacy in crypto

    Posted: 26 Sep 2021 11:49 PM PDT

    How important is privacy to you when using crypto? As I understand it, all transactions are public on the blockchain, although pseudonymous because the only information you can see about the transaction is the address it came from and where it went.

    But chain analysis companies have gotten sophisticated enough that they can track down the people behind the addresses. Chainalysis lists the goverment as one of their customers.

    I hear of CashShuffle as a possible solution for privacy on BCH. But why not build the privacy into layer 1, making it the default? Is there a benefit to having public be the default?

    submitted by /u/civil
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    Global Adoption of CBDCs and the Agenda to Destroy Private Money

    Posted: 26 Sep 2021 10:13 PM PDT

    China's Crackdown Spurs Massive Onchain Transfers, Cold Wallets Move $3 Billion in Bitcoin and 800K Ether

    Posted: 26 Sep 2021 01:56 PM PDT

    Bitcoin mining company buys Pennsylvania power plant to meet electricity needs

    Posted: 26 Sep 2021 05:31 PM PDT

    Burning BCH?

    Posted: 26 Sep 2021 08:23 PM PDT

    Do smart BCH destroy BCH for transactions?

    What if smart BCH becomes extremely popular and burns thousands of BCH per day?

    I wasn't aware of this burning coins.. This is a deal breaker for me especially if the supply of coins is limited.

    submitted by /u/TheWorldofGood
    [link] [comments]

    "Imagine thinking “users don’t actually care about decentralization” in a world where China just banned all the exchanges and Gensler is similarly trying to crack down in the U.S. ... Congrats on being tricked, lied to, and misled into buying centralized VC bags."

    Posted: 26 Sep 2021 06:32 AM PDT

    “the dYdX [DEX] transaction volume in the past 24 hours has reached 4.28 billion, surpassing Coinbase's 3.79 billion for the first time.”

    Posted: 27 Sep 2021 01:35 AM PDT

    Chaintip karma has been reduced to nothing. Is this strange? Or are they known to do this to bot accounts?

    Posted: 27 Sep 2021 01:15 AM PDT

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