Soon to be trading on the Brazilian stock exchange under the ticker “QBTC11”, the new 100% bitcoin ETF uses the CME CF BTC Reference Rate and will be distributed by the biggest Latin America Bank. BTG Pactual and Nubank
Bullish 🚀
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Saturday, 12 June 2021
The first Bitcoin ETF in Latin America to launch June 23rd!
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DJ David Guetta puts luxury Miami pad up for sale, will accept 38 Bitcoin for it
David Guetta is selling his $14-million Miami beachfront apartment and will accept payments in Bitcoin and Ether.
Renowned French DJ David Guetta has put his luxury apartment on Miami Beach up for sale and will accept payments in Bitcoin (BTC) and Ether (ETH).
The three-bedroom 2,528 square foot beachfront property is on the 37th floor of the luxury Setai Residences condominium complex and is on sale for $14 million, or around 37.69 BTC at today’s prices.
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There is a new Bitcoin Cash friendly crypto channel on YouTube: "All About Bitcoin Cash". The idea is to publish short, easy to understand videos for people who are new to crypto.
There is a new Bitcoin Cash friendly crypto channel on YouTube: "All About Bitcoin Cash"
The idea is to publish short, easy to understand videos for people who are new to crypto.
And here is the first video already: An introduction to noise.cash.
https://www.youtube.com/watch?v=19GAOSGcq88
Make sure to share the video with friends and family. And consider giving it a like, so that as many people as possible will see it.
The next video will be uploaded tomorrow and it is about the importance of seed phrases.
I hope you like the name and the logo.
[link] [comments]
source https://www.reddit.com/r/btc/comments/nxndyg/there_is_a_new_bitcoin_cash_friendly_crypto/
Here is Angel from Team Panmoni (green shirt) onboarding all of the employees of the Canguro tech store (new BCH merchant) in Maracaibo Venezuela to Bitcoin Cash this week.
For the new people in the Bch space, this is an article with little bit of the drama between Bch and Bsv. Take a look and take your own conclusions. Cheers
It's Fusion Friday!
With CashFusion, your finances are your business, and no one else's. Over 5.5 Million Bitcoin Cash has already been made private using this innovative, non-custodial mixing protocol.
You can Fuse all week for a few cents in fees if you want. This post is just a weekly reminder, and gives users a speciffic time to coordinate their fusing if they want. (The more people using CashFusion at once, the more effective it is!)
New to CashFusion? No problem, getting set up is pretty easy =)
First, download the Electron Cash desktop wallet. It's got CashFusion built in.
Set up your wallet (and be sure to write down your recovery phrase on a physical piece of paper), then activate CashFusion by clicking the icon in the lower right: https://i.imgur.com/DXEPLtf.png
Once it's activated, your wallet will start "fusing" the Bitcoin Cash it contains. Fusions happen over time as their own, separate transactions, and only cost you the network transactions fees (less than a penny). Each fusion transaction will include some of your coins*, so it will take multiple fusion transactions before all the coins in your wallet will be fused. (In the View menu, toggle the "coins tab" to see all of the coins in your wallet. In the "Label" field, fused coins will show CashFusion info.)
Currently, Electron Cash keeps fusing your coins indefinitely. The plan is to eventually allow you to stop fusing automatically after some number of fusions per coin but, until then, there's no downside to leaving it to fuse continuously besides paying the transaction fees. (Every fusion gives you that much more privacy, while also providing "liquidity" for other fusers.)
Electron Cash does not yet prevent you from spending un-fused coins, nor does it prefer fused coins when spending, so it's probably best to leave it fusing and keep your whole wallet fused, and/or pick your coins manually from the Coins tab. If you want that coin-management taken care of for your (and/or you're not comfortable pic the Coins tab), you can always switch back to CashShuffle for now in the Optional Features window, accessible from the Tools menu.
Here's the CashFusion Telegram group where you are welcome to ask questions. (Just remember to be courteous!)
Happy Fusing!! <3
*"Coins" are kind of a confusing concept when it comes to Bitcoin, but you can think of them just like discrete "bills" (or... "coins") in your wallet, but instead of coming in only certain sizes like $1, $5, $10, $20, etc, they can be any amount sent to you in a previous transaction, like 0.618 BCH, 0.000001 BCH, or 123.45679 BCH. (They can also be combined and split up. That happens in most transactions!)
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source https://www.reddit.com/r/btc/comments/nxkydo/its_fusion_friday/
There are a lot of things we overlook in the mining process of bitcoin. Yes, the carbon footprint should be addressed immediately, but what’s more concerning in the short term is electronic waste. In a 1.5-year bitcoin cycle, the average amount of e-waste generated would be 16,000 metric tons.
We have kicked the hornet's nest
The acceptance of Bitcoin as legal tender in El Salvador has meant the failure of the "old economy" to try to ignore Bitcoin. From now on expect a never seen attack against Bitcoin.
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Friday, 11 June 2021
Are benefits of BCH temporary?
First of all, im new here. Hi! I love Bitcoin and lightning, but not here to discuss those. I'm curious and wanted to get an insider perspective and maybe learn something.
So here's my main question: Are all the benefits of Bcash over bitcoin just temporary? Having low fees, being fast and without congestion is all just a result of the blocks not being full. Don't get me wrong, underfull blocks are good, i love it when it happenes on btc every now and then, but never having full blocks just means noone is using the network. Last 24h bitcoin had ~ 2.98 tps and bch had ~0.95 tps (according to blockchair), of course there will be next to no fees. Bitcoin would have the same low fees if it had that few transactions.
Let's imagine bch is massively adopted and people use it like crazy, now suddenly the main selling point of fast and cheap is gone, once the blocks fill up, and people have to bid with fees for space in blocks.
Is the plan to just keep increasing the block size whenever the network gets congested? I'm geniuenly curious. To me that feels like an endless game of whack-a-mole, like treating the syptom instead of the cause, but maybe i'm missing something. Would love to hear what you have to say.
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source https://www.reddit.com/r/btc/comments/nwy43a/are_benefits_of_bch_temporary/
Question, if Lightning Network proves itself in El Salvador, would that make coins like BCH irrelevant?
I'm posting this in both r/Bitcoin and here to get both sides of the argument before comparing notes.
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source https://www.reddit.com/r/btc/comments/nwusxz/question_if_lightning_network_proves_itself_in_el/
“… may I suggest not relying on Strike which is a centralized service registered and domiciled in the USA, meaning, your citizens can have their BTC and Strike database records shut down and sanctioned by the USA government.“
Daily Discussion, June 10, 2021
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
Join us in the r/Bitcoin Chatroom!
Please check the previous discussion thread for unanswered questions.
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China Crackdown, SmartBCH, and Delays
This China news seems pretty bad, and especially with regard to Smart BCH. Does anyone know how or if this will affect the release of Smart BCH? I also thought we'd have the released in early June - it's still early June, but does anyone know what's up?
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source https://www.reddit.com/r/btc/comments/nwul1a/china_crackdown_smartbch_and_delays/
And here we go. IMF sees legal, economic issues with El Salvador bitcoin move
Pound sand.
https://mobile.reuters.com/article/amp/idUSKCN2DM1TP
Rice said the Fund will later on Thursday meet with Bukele to discuss the bitcoin law. El Salvador is in discussions with the IMF seeking a near $1 billion program.
Could you imagine if the Jacks, Max, Sylor, twins and a few other bitcoin bigwigs found a way to loan that to El Salvador. They could even get technical advisory positions and help with the potential economic boom. Not going to happen but then again, I didn't think they would be mining with a volcano either
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Thursday, 10 June 2021
Bitcoin law has been approved in El Salvador.
The law doesn't make any difference between custodian service or on-chain payments.
https://read.cash/@francis105d1/bitcoin-law-has-been-approved-in-el-salvador-662cd91a
[link] [comments]
source https://www.reddit.com/r/btc/comments/nw9liw/bitcoin_law_has_been_approved_in_el_salvador/
Now that El Salvador named Bitcoin as a legal tender, does this mean Walmart, Gap, Forever 21, McDonalds, Sears, Claires, Payless Shoes, Burger King, Starbucks, KFC, Pizza Hut, Wendys, Subway, Wendys, Dominos, Olive Garden, Denny's, Papa Johns, all operating in El Salvador will now accept Bitcoin?
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In 2001 the USD became the currency of El Salvador. Last night, the adoption of Bitcoin as another legal tender passed. As per the document below, I believe this means any company operating in these countries will have to accept Bitcoin, by law. The companies named all operate in El Salvador: Walmart, Gap, Forever 21, McDonalds, Sears, Claires, Payless Shoes, Burger King, Starbucks, KFC, Pizza Hut, Wendys, Subway, Dominos, Olive Garden, Denny's, Papa Johns Restaurants: https://logos.fandom.com/wiki/Category:Restaurant_chains_in_El_Salvador Retail: https://logos.fandom.com/wiki/Category:Retail_outlets_in_El_Salvador Specifically Act 7 & Act 8. *edited Also Amazon, Google, and even Apple also possibly need to offer services with Bitcoin. According to the El Salvador president last night, they will. Unless these companies want to black out their companies in countries that adopt Bitcoin as legal tender, they will need to start accepting Bitcoin if they offer services (including online e-commerce). [link] [comments] |
![[Bukele] Our engineers just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos 🌋 Starting to design a full #Bitcoin mining hub around it. What you see coming out of the well is pure water vapor 🇸🇻](https://external-preview.redd.it/8si5IXy0r4ucWcArtDxojHD4HGVx7t8w0Nbg2FozY8s.png?width=320&crop=smart&auto=webp&s=dd7e3ebaa8944df1cb5c564f100a06bf7284b16d "[Bukele] Our engineers just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos 🌋 Starting to design a full #Bitcoin mining hub around it. What you see coming out of the well is pure water vapor 🇸🇻")
Which countries/cities are most crypto-liveable today?
I confine my interest to the standpoint of a westerner visiting for a few months.
There's always talk of this one or that one, but I don't see comparisons. Here are some of the places thrown around but how do they compare with each other?
- Townsville, Australia
- St Kitts
- Argentina
- Slovenia
- Venezuela
- El Salvador
- estonia?
- Georgia?
- Portugal?
- Prague?
- Montenegro?
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source https://www.reddit.com/r/btc/comments/nw5o10/which_countriescities_are_most_cryptoliveable/
What are you waiting to go to Moro Cafetín?
https://instagram.com/morocafetin
BitcoinCashArgentina
https://i.imgur.com/kY20lXF.jpg https://i.imgur.com/FiiazyZ.jpg https://i.imgur.com/7Lapxmt.jpg
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source https://www.reddit.com/r/btc/comments/nw3q26/what_are_you_waiting_to_go_to_moro_cafetín/
WOW! Strike CEO just CRUSHED IT on CNBC and that's an understatement!
EDIT: video posted by /BrainDamageLDN thanks!
https://twitter.com/DocumentingBTC/status/1402657988914167822
Don't think have EVER seen a better interview about Bitcoin yet. Video not out, but if it does appear, seek it.
CNBC Tech Check June 9, 11-12.
AMAZING! There is no debate, he had an GREAT answer for every question, they tried to make this all look like some craziness, his response:
tl;dr:
Bitcoin is the biggest change the world has ever seen to move humanity forward. Nothing comes close."
If you ever need answers to the Bitcoin debate, check him out. One super smart guy. Also if get into a debate on any topic, he really knew how to move the conversation, a debate master for sure.
And I thought I was good. Picked up a few more tips for the debate toolbox. :-)
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Why is BCH better than BTC?
I am coming from a neutral point of view, and learning about crypro currencies. If i understood correctly, BCH's main difference to btc is being able to process more transactions per seconds because of its higher block size (currently up to 32mb/block).
But isn't that still way to less transactions? 32mb blocks are capable to do around 170 tx/s, which is way more than bitcoin obviously, but isnt this still way too little for mass adoption, so it can be used as an actual currency? Right now it seems to work, as the traffic on the network is low, but isnt this approach just delaying the scalability problem? Doing research on this i found out it is planned to increase the blocksize even more, i've read numbers up to 256mb. This would increase the tx/s, but wouldnt this lead to massive centralisation aswell? 1gb of blockchain in less than 1 hour?
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source https://www.reddit.com/r/btc/comments/nw2il9/why_is_bch_better_than_btc/
I cant withdrawl my 0.00002500 or anything less
im using btc.com
when i try 0.00002500 i have "Insufficient funds".
If i type anything less it says: "Invalid amount"
Does anyone know whats the problem?
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source https://www.reddit.com/r/btc/comments/nw2ala/i_cant_withdrawl_my_000002500_or_anything_less/
Wednesday, 9 June 2021
The #1 most common mistake made in the crypto industry is confusing the freedom to do something new with the need to. In 99% of cases, amplifying the network effect of an existing project is more valuable than starting something marginally different.
Saylor proposed $500 Million in bonds and they got $1.6 BILLION !!
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$1.6B + incoming Bitcoin buy incoming and people are selling 🤣🤣 Source: https://www.bloombergquint.com/onweb/microstrategy-boosts-bitcoin-linked-junk-bond-to-500-million Related: https://www.reddit.com/r/Bitcoin/comments/nvbktx/microstrategy_mstr_bond_offering_to_buy_bitcoin/ [link] [comments] |
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