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Analyst: Bitcoin Ban Extremely Unlikely Post-U.S. Treasury’s Comment This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

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It's afraid!

submitted by /u/grawrlarl
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"Stop using BTC and use BCH instead" The word is spreading.

submitted by /u/MemoryDealers
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source https://www.reddit.com/r/btc/comments/cdphx4/stop_using_btc_and_use_bch_instead_the_word_is/

My website now supports Bitcoin Cash!

Hello all, just wanted to let you know we now accept Bitcoin Cash on our website!

Buy a nice watch with your profits!

www.spincy.com

submitted by /u/Jhashing
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source https://www.reddit.com/r/btc/comments/cdp9kq/my_website_now_supports_bitcoin_cash/

Interesting traffic stats for Bitcoin.com

submitted by /u/MemoryDealers
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source https://www.reddit.com/r/btc/comments/cdou2m/interesting_traffic_stats_for_bitcoincom/

So you want to protect your international banking cartel? Here’s how.

So this pesky thing called bitcoin comes along and you face losing your stranglehold on the creation of money because the earth is moving to a p2p decentralised censorship resistant scarce money.

Well first you have to somehow derail this open source project. You need to ensure that it cannot grow, so first you invest in a company to buy up the developers of the code.

Second you need to create a campaign of disinformation telling everyone that bitcoin cannot scale on chain, and that we must create layer 2 solutions that will always be ready in 18 months. You must censor the main channels of communication and fake a grassroots campaign for limited block size and layer 2 using sock puppets and groupthink.

This will eventually bring the bitcoin tx flow to a screeching halt, throwing up tx costs and confirmation times.

Easy enough, I know, but it doesn’t end there unfortunately. Bitcoin is resilient and anti fragile. The remnant will simply fork the chain and continue the original scaling plan for bitcoin, eventually flippening bitcoin and continuing unfazed by your efforts.

But this is when you need to do what you do best. In order to prevent the flippening, you need to... print money. You can delegate this and do it locally by creating a stable coin that apparently has the backing of the US dollar, to give it value and perpetual acceptance, but like all of your money tricks, can be created out of thin air. You can create fake demand for your stifled crypto leading to a distortion of the market value of all crypto’s. The crippled coin will lead the pack perpetually until all enthusiasm for cryptocurrency fades out.

Good luck with keeping your monopoly, Godspeed.

submitted by /u/BenIntrepid
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source https://www.reddit.com/r/btc/comments/cdp3fd/so_you_want_to_protect_your_international_banking/