BTC Inviting new friends to North Queensland Bitcoin Cash meetup ��

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Note: this payout event was triggered by block 715748, which was mined more than 3 days since the last event and has the last three hex digits of its hash (joined as a number) strictly smaller than 7. The BCH price at the time of activation was $604.9

submitted by /u/rbtc-tipper
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We will be promoting BCH, educating and sending BCH to all participants in a libertarian meeting

Posted: 25 Nov 2021 01:56 PM PST

submitted by /u/BitcoinCashArgentina
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The most important piece of regulation on cryptocurrencies in the world thus far has arrived: I read through all 405 pages of the “Proposal for EU Regulation on Markets in Crypto-Assets” so you don’t have to. Here are my conclusions.

Posted: 25 Nov 2021 05:11 PM PST

submitted by /u/1bch1musd
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New to Cryto

Posted: 25 Nov 2021 08:28 PM PST

Im new to crypto? What should I invest in lol cuz it all seems so complicated. BTC or BCH? should I do ETHE? plz help

submitted by /u/samicballs
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BTC breaks previous low at $56,000, drops 10 percent for COINBASE:BTCUSD by BernardMikhail1

Posted: 26 Nov 2021 09:44 AM PST

submitted by /u/BernardMikhail
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Satoshi's Angels Flipstarter reaches 100% funding! Thank you for your continued support.

Posted: 25 Nov 2021 02:34 PM PST

submitted by /u/satoshis_angels
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Why Bitcoin will fail

Posted: 26 Nov 2021 05:32 AM PST

$ (or any govt issued currency) is legal tender. It has the full force of the US govt and all it has all instruments of power behind it. Including the power to tax, enforce contracts, regulate, make things illegal etc. Sovereign nations will doubt a lot before making BTC legal tender or even relevant as a currency beyond a point, since the foundations of BTC makes it anti-sovereign from the purview of a nation-state.

BTC has an incredible algorithm, a skilled decentralized developer community and a strong evangelizing community behind it. But that's all of it, as of now. In the event of a dispute between 2 parties, who is going to adjudicate, enforce and honor contracts that is based on Bitcoin? How will force be brought in, in case the situation demands it?

All laws depend on the threat of violence to be enforced.

Contracts only matter insofar as they can be enforced. Without force/violence behind them, a contract is just a piece of paper. This includes "constitutions" and "charters of rights".

Unless a govt co-adopts bitcoin, the above scenarios cannot effectively be dealt with. But, as of now, I cannot image how a sovereign nation can co-adopt Bitcoin. Without co-adoption it cannot be a reliable mainstream currency.

This is the reason why China banned it completely since it goes against what the CCP stands for. India also is tilting towards strong regulation because of the anti-sovereign nature of BTC in the context of the state.

El Salvador took the bold step of co-adopting BTC and will perhaps serve as the blueprint for others. But I doubt if BTC can make it without the larger more powerful nations truly co-adopting it.

If the US also gets to a stage where it strongly regulates Bitcoin; then Bitcoin will not fulfill it's original vision. Here and there, leaders in the US have already started criticizing BTC citing how it'll destabilize the economy, is bad for the environment. It's only a matter of time when its cited as a threat to national security.

What are the holes in my thought process, what am I missing here? How and why would BTC overcome these hurdles?

submitted by /u/g3Mo
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SLP is horribly broken right now, it's time we acknowledge that.

Posted: 25 Nov 2021 05:36 PM PST

Nobody is doing maintenance or bug fixes and we need a new SLP indexer like yesterday.

submitted by /u/i_have_chosen_a_name
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Bank of England Raises ‘Concerns’ Over El Salvador’s Bitcoin Embrace

Posted: 26 Nov 2021 08:10 AM PST

submitted by /u/TobiHovey
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ELI5: I've tried to research but why is BTC more popular than BCH?

Posted: 25 Nov 2021 03:50 PM PST

I understand that there are several factors which favour BTC

Its the original
Branding/public perception
Social/Market buy-in (this is the biggest reason)

But when I look at BCH it is just so much cheaper per transaction. A $150 purchase of BTC had a total fee of $3, whereas the same $150 of BCH had a fee of less than a cent (not buying on exchange, I'm outside the USA)

So whats going on here? Is it faith in the system? The BCN and BCHSV thing would have shaken plenty of confidence. But when I look for IRL crypto spending, BCH is the one being adopted in South America

I've heard an argument that BCH has loo low fees, which means there are fewer miners, but surely the lower fees give more potential for transaction volume

Also, what is a lightening network?

So.... what's going on?

I'm an idiot btw, and purchased BCH at the peak this year thinking I was getting BTC. I'm now DCA into BTC and hodling the BCH

submitted by /u/ArtyDeckOh
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BCH Experience IV - BCH Argentina Meetup

Posted: 25 Nov 2021 01:53 PM PST