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Monday, 19 August 2019
The Most Important Aspect of Bitcoin Is the Separation of Money and State This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow [...]
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Asset Protection Won’t Take Cryptocurrency Mainstream Despite Report Claiming Otherwise This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]
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Bitcoin. The last month
We may look back at the last month as monumental for bitcoin and cryptocurrencies.
What was once a fringe idea has now hit the mainstream.
The evidence:
- The U.S. Congress held hearings on crypto in both the House and Senate.
- The U.S. Treasury Secretary held an emergency press conference to discuss the state of crypto regulations.
- The International Monetary Fund (IMF) put out a report calling digital currency the “future of money.”
And then there’s Facebook’s plan to create a stablecoin and digital payments system through Libra.
While it looks like Libra may never get off the ground, it sparked a worldwide conversation around digital currencies and the future of money.
People are finally waking up to the fact that government-controlled money likely does them more harm than good. So they’re seeking out better money, like bitcoin.
And it’s spreading like a virus.
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Buying Bitcoin on lightning network
Hi all, is there a way i can buy bitcoin directly on the lightning network? Only small amount (50$). I have already enough liquidity to receive it.
EDIT: Thx for the replies!
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Sunday, 18 August 2019
LTC Founder Charlie Lee Discloses Investment in BTC Development Firm Casa This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
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On the topic of Bitcoin and currencies name confusion (Bitcoin Cash, Bitcoin SV, Bitcoin BTC, Ethereum ETH, Ethereum ETC..)
The topic of cryptocurrencies name confusion come back regularly.
It is often presented as a proof that Bitcoin Cash is trying to mislead newbie and steal the “Bitcoin” brand.
While I agree currencies sharing similar name can be confusing, the situation is not new and in reality extremely common.
It is actually relatively rare to have a currency with unique, non-shared name.
It is the norm, not the exception.
Any peoples with only a bit of knowledge should know this situation exist and be prepared for it when trading currencies whatever it is crypto or regular FIAT.
If anything crypto have shown so far a remarkable consistency. (Somewhat surprising as crypto are open source project while FIAT currencies are state enforced)
Here I collect some examples, the list is pretty exhaustive fell free to let me know if you have other examples I will add them to the list.
Dollars:
US Dollars USD
Australian Dollar AUD
New Zealand NZD
Barbadian dollars BBD
Bermudian dollars BMD
Brunian dollars BND
Bahamian dollars BSD
Belizean dollars BZD
Canadian dollars CAD
Finjian dollars FJD
Taiwan new dollars TWD
Pounds:
Britsh pounds GBP
Egyptian pounds EGP
Falkland island pounds FKP
Guerney pounds GGP
Gibraltar pounds GIP
Isle of man pounds IMP
Jersey pounds JE Lebanese pounds LBP
Sudanese pounds SDG
Saint Helenian pounds SHP
Syrian pounds SYP
Pesos:
Argentinian Pesos ARS
Chilan Pesos CLP
Combian Pesos COP
Cuban Pesos CUC
Dominican Pesos DOP
Mexican Pesos MXP
Philipine Pesos PHP
Uruguayan Pesos UYU
Rubles:
Belaruzian rubles BYB
Russian rubles RUB
Krona:
Nowegian Krona NOK
Swedish Krona SEK
Danish Krona DKK
Icelandic Krona ISK
Croatian Krona HRK
Czeck Krona CZK
Francs:
French francs (dead)
Swiss francs CHF
Francs CFA XOF
Burudian francs BIF
Congolese francs CDF
Djibutian francs DJF
Guinean francs GNF
Comorian francs KMF
Rwanda francs RWF
Dinars:
Bahraini Dinars BHD
Algerian Dinars DZD
Iraqi Dinars IQD
Jordanian Dinars JOD
Kuwaiti Dinars KWD
Lybian Dinars LYD
Serbian Dinars RSD
Tunisian Dinars TND
Shillings:
Kenyan shillings KES
Somali shillings SOS
Tanzanian shillings TZD
Ugandan shillings UGX
Rupee:
Indian rupees INR
Sri lankan rupees LKR
Mauritian rupees MUR
Nepalese rupees NPR
Pakistan rupees PKR
Seychellois rupees SCR
Indonesian rupiahs IPR
I recommend to link this post next time you encounter this argument again.
I think there is no need wasting energy debating such points.
It is a normal characteristics of currencies and while possibly annoying it has to be accepted (and is simply unavoidable).
Edit: format hate me
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source https://www.reddit.com/r/btc/comments/cryv4p/on_the_topic_of_bitcoin_and_currencies_name/
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