Crypto 360°

Saturday 19 February 2022

Provide BCH to other countries with little access to it via localcryptos.com, how?

submitted by /u/Remora_101
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source https://www.reddit.com/r/btc/comments/svp8lw/provide_bch_to_other_countries_with_little_access/

Friday 18 February 2022

Freeland "There's a Very Easy Way For People to Avoid Being Effected by These Measures, and That is, Just..." ~ Buy Bitcoin

submitted by /u/Fiach_Dubh
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Adding "fast" to the dream of Bitcoin. Is Doublespend proofs the BCH way?

I am thinking the dream of Bitcoin includes something like a 10+/- minute confirmation time? I'll state my working definition of "the dream" below. Anyway, for practicality of e-money I think we will need much faster reliability. BTC has just said "no" to speed (and the dream). eCash is working on adding Avalanche code I do not yet grasp. BCH has touted doublespend proofs. Is that all BCH will need/use for speed? I am working on an article and plan to say BCH has that as it's plan. If there is more than that planned for making BCH fast, I would not want to understate the intended BCH way forward.

My working definition summarizing "the dream of Bitcoin":

Secure and sufficiently-decentralized (censorship resistant) e-money for the people of the world without significant inflation or usage fees.

Happy to hear opinions on changing that summary/definition. For instance, opinions on why it might be better to say something like "Peer-to-peer cash" instead of "e-money" would be interesting to hear. If anyone thinks the original dream included faster confirmation speeds that would interest me as well.

submitted by /u/Big_Bubbler
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source https://www.reddit.com/r/btc/comments/suxkpt/adding_fast_to_the_dream_of_bitcoin_is/

Can Bitcoin succeed as a currency and support economic growth with such low inflation?

I've seen the argument made that Bitcoin's value proposition of being a store of value is at odds with the ambition for it to become a global currency since it has very low inflation and inflation is a necessary property of a currency for it to support economic growth. "Money: The True Story of a Made-Up Thing" talks about how this was a problem on the gold standard, that at times there wasn't sufficient money supply to support economic activity since it was limited by the rate gold could be mined. Is Jeff Booth correct, that we can move to an economy that is deflationary instead? tbh I have to read his book to fully understand his ideas about that. I have thought for a long time that the idea of perpetual economic growth is flawed anyway.

Edit: to be clear, I'm heavily long Bitcoin. The purpose of this post is to hear counter-arguments. It doesn't represent my personal view. I'm anti-inflation.

submitted by /u/Elume
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