Crypto 360°

Friday, 2 December 2022

Just used Bitrefill with Lightning - WOW.

End to end initial process:

Buy bitcoin on exchange (ideally P2P like Bisq, record the purchase price in fiat).
Send bitcoin to cold storage.
Send small amount from cold storage to Muun (or other lightning enabled wallet).
Buy gift cards on Bitrefill and pay with lightning.
Keep track of value purchased.
Calculate and pay capital gains tax (or harvest losses, if any).
Use gift cards.
Give middle fingers to legacy banking system.

Repeat process:

Steps 4 through 8. Mostly 8.

I will be doing this for all purchases from now on. Huge list of vendors. AMAZINGLY EASY, CHEAP, AND FAST.

And no, I don't work for any of the companies listed above.

submitted by /u/Apprehensive-Log-849
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Will Bitcoin Cash lead to centralization?

Been reading up on the block size debates. Overall I agree that larger blocks will lead to centralization. What are the counter arguments to this?

If a blockchain isn't decentralized it is worthless in my opinion.

submitted by /u/DoU92
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source https://www.reddit.com/r/btc/comments/z9wb55/will_bitcoin_cash_lead_to_centralization/

BTC Short-Term Traders Continue to Sell in Losses

submitted by /u/Material_Manner8274
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source https://www.reddit.com/r/btc/comments/z9vdfx/btc_shortterm_traders_continue_to_sell_in_losses/

Thursday, 1 December 2022

Using Lightning to charge my car on a public charger

submitted by /u/btc21de
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Announcing Bitcoin Cash Node v25.0.0

Release announcement: Bitcoin Cash Node v25.0.0

The Bitcoin Cash Node (BCHN) project is pleased to announce its major release version 25.0.0.

This release implements the May 15, 2023 network upgrade.

It delivers four Cash Improvement Proposals that are consensus changes:

CHIP-2021-01 Restrict Transaction Version (v1.0)
CHIP-2021-01 Minimum Transaction Size (v0.4)
CHIP-2022-02 CashTokens (v2.2.1)
CHIP-2022-05 P2SH32 (v1.5.1)

and a number of other enhancements, bugfixes and performance improvements.

BCHN users should consider an update prior to May 15, 2023 as mandatory. The v24.x.0 software will expire on May 15, 2023, and will start to warn of the need to update ahead of time, from April 15, 2023 onward.

For the full release notes, please visit:

https://github.com/bitcoin-cash-node/bitcoin-cash-node/releases/tag/v25.0.0

Executables and source code for supported platforms are available at the above link, or via the download page on our project website at

https://bitcoincashnode.org

For more information about the May 15, 2023 network upgrade, visit

https://upgradespecs.bitcoincashnode.org/2023-05-15-upgrade/

We hope you enjoy our latest release and invite you to join us to improve Bitcoin Cash.

Sincerely,

The Bitcoin Cash Node team.

submitted by /u/ftrader
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source https://www.reddit.com/r/btc/comments/z95cv4/announcing_bitcoin_cash_node_v2500/

London court orders six crypto exchanges to release confidential user data

submitted by /u/ExCryptor_Exchange
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source https://www.reddit.com/r/btc/comments/z92zz6/london_court_orders_six_crypto_exchanges_to/

Bitcoin.org's 'Cøbra' Must Unmask to Challenge Craig Wright's Legal Costs, UK Court Rules

submitted by /u/dAn_tHe_mAn7
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A Good News For All BITCOIN CASH Holders - Brazil Legalizes Crypto as method of Payment

submitted by /u/alberdioni8406_
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source https://www.reddit.com/r/btc/comments/z90zxe/a_good_news_for_all_bitcoin_cash_holders_brazil/

In order to save the planet, I vow to use only zero-emissions, 100% electric Bitcoin miners. I would strongly urge anyone that genuinely cares about our planet to use only electric Bitcoin miners.

submitted by /u/KAX1107
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Wednesday, 30 November 2022

I've heard of "toxic Bitcoin Maximalists", and would just like an explanation of what that is and what constitutes it.

People have complained using those words to describe others, and have complained that it's a weakness of Bitcoin, etc. But I don't even know:

What constitutes a "Maximalist"? Is that someone who puts ALL of their disposable assets into Bitcoin? What about if I own some precious metals, and some real estate, maybe a few stocks...and a lot of Bitcoin, would I be a "maximalist" then, or just a "partial maxi" or something else. How does it work.

And

What is so "toxic" about them? I'm asking this to those of you who complain about "toxic maximalists". Something really bothers you guys about them, to cause you to call them "toxic". So, do they poison the discussion? Do they have a "you're with me or against me" attitude, is that what's so toxic? Do they consider anyone who isn't also a "maximalist" to be an enemy of Bitcoin? What's so toxic and why do you label them in that way?

Thank you for clarifying. I won't argue with anyone, but I may ask for additional clarification. Otherwise I will accept your answer as is. Thanks all.

submitted by /u/RonPaulWasR1ght
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