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    Tuesday, September 7, 2021

    Home Unlabelled BTC SmartBCH is now burning 1 BCH worth of fees every day.

    BTC SmartBCH is now burning 1 BCH worth of fees every day.

    September 07, 2021

    BTC SmartBCH is now burning 1 BCH worth of fees every day.

    SmartBCH is now burning 1 BCH worth of fees every day.

    Posted: 06 Sep 2021 11:48 PM PDT

    The BCH community has won the vote, the next chain Hybrix with integrate will be SmartBCH.

    Posted: 06 Sep 2021 11:25 AM PDT

    ProtonMail logged IP address of French activist after order by Swiss authorities

    Posted: 06 Sep 2021 03:07 PM PDT

    In El Salavador, for someone to use the Lightning Network with the new government mandated Chivo wallet, they must deposit $100 first in order to use it

    Posted: 06 Sep 2021 02:55 PM PDT

    SmartBCH skeptics will surely regret for not taking the train sooner... $CATS & $EBEN making big waves on the ecosystem

    Posted: 07 Sep 2021 12:04 AM PDT

    Tether: “In Madoff's case, the SEC had the excuse that the ponzi nature of the fund was hidden under "trade secrets", and the SEC did not have the authority to order an audit of their supposed portfolio.”

    Posted: 06 Sep 2021 02:22 PM PDT

    Congrats Talia & Olga who each onboarded 100+ new people to Bitcoin Cash as part of Panmoni's Bitcoin Agents Venezuela program.

    Posted: 06 Sep 2021 11:00 AM PDT

    BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives

    Posted: 07 Sep 2021 02:05 AM PDT

    On August 28, the Bitcoin Cash-based decentralized finance (DeFi) platform Detoken announced the project is closing its doors on September 4, 2021. The project's founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the "changing regulatory outlook on cryptocurrency derivatives."

    Defi Project Detoken to Shut Down Operations on September 4

    In December 2020, Bitcoin.com News reported on the defi platform called Detoken, a project that allowed users to hedge or long their bitcoin cash (BCH) in a noncustodial fashion. At the same time, the firm at General Protocols launched the Anyhedge technology, and the protocol was leveraged by the Detoken platform. Semyon Germanovich explained on Saturday that the Detoken platform was sunsetting the project over regulatory concerns.

    "I'm saddened to announce that Detoken will be closing its doors on the 4th September 2021," Germanovich said. "There are several factors that influenced our decision to close the Detoken platform. The main reason is that it's become increasingly apparent that Detoken's business model cannot continue to work given the changing regulatory outlook on cryptocurrency derivatives." Detoken's founder added:

    I've always been a firm believer in financial freedom and privacy, but in order to continue operating Detoken in its current form we'd be forced to introduce know your customer identity checks sooner or later. Unfortunately, the sad reality is that all players in the industry will have to make the same hard decisions about changing their business model or introducing these difficult and friction-inducing checks.

    Bitcoin Cash Proponents Look to Smart Bitcoin Cash Chain

    The Bitcoin Cash community is now anticipating the benefits of the Smart Bitcoin Cash chain(Smartbch). BCH proponents believe Smartbch could unlock massive potential between the Ethereum (ETH)and Bitcoin Cash (BCH) networks. As time has progressed, the exchange of Coinflex revealed that "Coinflex BCH (mainnet) to BCH (SEP20) bridge has been live for an entire week now – with zero issues," in a blog post announcement. Coinflex added:

    We are happy to announce that locking on the BCH chain, releasing BCH (SEP20, the Smartbch format), and going from Smartbch to BCH have all been working smoothly.

    Bitcoin cash (BCH) markets have been up to over 5% during the last 24 hours and BCH currently holds the 13th largest market capitalization out of 10,000+ crypto assets. BCH is up 24.4% during the last month and year-to-date, bitcoin cash has gained 149%. At the time of writing, bitcoin cash (BCH) has an overall market capitalization of around $12.5 billion.

    submitted by /u/networkninja10
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    Tether: “ One of the nice things about the NYAG case, when Bitfinex loses their bid to stop the release of the papers, everyone will know what they were buying. They won't be able to cover it up by trying to switch the make up of the reserve assets into something less objectionable.”

    Posted: 06 Sep 2021 02:26 PM PDT

    We're building Bitcoin Cash and, with Flipstarter, so can you!

    Posted: 06 Sep 2021 11:47 AM PDT

    Two days ago you could get 0.52 BCH per BCHA, now you can only get 0.38. The selling of BCHA is most likely driving the current BCH rally.

    Posted: 06 Sep 2021 12:04 PM PDT

    Tell me why you like BCH. I will randomly tip 5 $10 tips.

    Posted: 06 Sep 2021 07:21 AM PDT

    Commercial Papers: China Evergrande bonds suspended as prices plunge

    Posted: 06 Sep 2021 03:41 PM PDT

    BTC to LTC transaction by mistake.

    Posted: 06 Sep 2021 06:09 PM PDT

    Help, I mistakenly sent my savings in BTC to an LTC wallet from coinbase, it was all my savings to buy an apartment for $ 41,000, I am devastated, is there any way to get this money back? Please, I ask for your help to recover that transaction, God bless you.

    submitted by /u/Just-Sentence8710
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    Crypto’s Rapid Move Into Banking Elicits Alarm in Washington

    Posted: 06 Sep 2021 07:50 PM PDT

    If I sent $3 of BTC and BCH each to myself,

    Posted: 06 Sep 2021 01:12 PM PDT

    I would end up with $3 of BTC and $2.999 of BCH, because if I tried to send BTC the wallet would tell me "insignificant network fee".

    submitted by /u/DrankTooMuchTequila
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    Factbox: Pros and cons for El Salvador, the first bitcoin nation

    Posted: 06 Sep 2021 07:34 PM PDT

    Did we really ban this El Salvadorian for talking about the Bitcoin situation in El Salvador?

    Posted: 07 Sep 2021 01:28 AM PDT

    https://www.reddit.com/r/CryptoCurrency/comments/pjcpcb/bitcoin_will_become_legal_tender_in_el_salvador/

    Isn't /r/btc supposed to be anti-censorship? Some mod say it ain't so?

    Edit: I sent a polite message to the OP of that thread asking if they meant r/bitcoin instead.

    submitted by /u/KallistiOW
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    Twitter Campaign Urges Bitcoin Fans to Buy BTC as El Salvador Launch Looms

    Posted: 06 Sep 2021 08:40 AM PDT

    Bitcoin BTC Favorable Price Action: A Look At Why Bitcoin Is Rallying Today

    Posted: 07 Sep 2021 12:51 AM PDT

    MERCHANT MONDAY - Because Bitcoin was meant to be spent!

    Posted: 06 Sep 2021 06:00 AM PDT

    Merchant adoption of Bitcoin Cash is where it's at. Here are the latest numbers:

    If you know a business that might be interested in accepting Bitcoin Cash, try sending them to https://bitcoincashers.org/intro/for-merchants/.

    And if you convince a business to accept BCH, let us all know below!

    submitted by /u/NeonWasteland
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    BTC Day in El Salvador & Union Investment Seeks Bitcoin exposure

    Posted: 07 Sep 2021 12:29 AM PDT

    Want to talk to a node directly? Use BCHD GRPC with Python3

    Posted: 06 Sep 2021 08:08 AM PDT

    Would SmartBCH be considered an Ethereum layer 2? L2Fees

    Posted: 06 Sep 2021 01:43 PM PDT

    Why are people so cult-like in certain cryptocurrency communities?

    Posted: 06 Sep 2021 05:54 AM PDT

    Hello! I would like to ask about people getting a cult-like outlook on crypto and ways to combat it. It's much less prominent in BTC space compared to other cryptos and crypto platforms but it is still prevalent enough that I can't but notice that. I frequent crypto subs and lurk there extensively and I started noticing this tribalism and cultism from people on those subs. I personally blame lack of financial education. Some people don't understand that cryptocurrency as any other currency is a tool, it needs to be used in accordance with its purpose, not held simply because you are a part of a cult that worships a certain crypto.

    I feel like more channels of information should be available and more people should be exposed to them in order to combat this cult-like mind set. There's plenty of resources with good information on them that is written in cohesive and approachable language. I guess people just "jump on the bandwagon" a lot and maybe part of this whole thing I'm noticing is just spoken for memes only but I'm sure some of those people truly believe that by selling some of their assets and reinvesting them into another assets they become traitors and need to hodl all their bank account's worth of money in one little shitcoin that will surely one day moonshot and make them rich.

    I personally learned to not put all my eggs in one basket from my own experience and this philosophy of diversifying your options is applied to almost everything in life. You always need a plan B and maybe C through Z as well if possible. Again, there's so many sources of information. Investopedia, CoinDesk, financial news websites like CNBC and even discord groups where people can discuss and share info. For example, a friend recently gave me a link to a discord group that also has a twitch channel and they are a great source of info regarding crypto. I think it's generally a great thing that communities spring up dedicated to such things, maybe in some years people will stop making a cult out of crypto and others will stop looking at crypto investors like at complete loons.

    P.S. That discord server I talked about, I think it's a great place, check it out: https://discord.com/invite/novatrading.

    submitted by /u/singleStaff34
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    Showerthought: using law to coerce people to use Bitcoin could be a tactic to generate bad PR for Bitcoin by turning the public against it

    Posted: 06 Sep 2021 12:02 PM PDT

    Case in point here is El Salvador.

    It would be easy to whip up public sentiment against Bitcoin with the way that BTC is being introduced there.

    Public sentiment on Bitcoin has already been spiked with arguments around energy usage (which have some merit with the way BTC capacity has been crippled).

    I bet governments and banks would love to claim Bitcoin was tried but rejected as currency.

    I hope the El Salvador government, if it's serious about making this a success, does not prosecute its people for this badly conceived piece of legislation, and instead offers more economic freedom to them.

    submitted by /u/sanch_o_panza
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