Crypto News From Brazil and Portugal: Aug. 24-31 in Review This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/32hLp7z
via IFTTT

The World's Most Secure AND Convenient Crypto Hardware Wallet

submitted by /u/crashwave [link] [comments]

source https://www.reddit.com/r/btc/comments/cxsr1f/the_worlds_most_secure_and_convenient_crypto/

Blockchain Scalability: Current Challenges and Potential Solutions This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2NGXAH9
via IFTTT

1.4 Million Brazilian Point-of-Sale Devices to Support Bitcoin Payments [via CriptoHub.com.br]

submitted by /u/jasselnorm [link] [comments]

The myth of a scalability problem.

P1) The Bitcoin Blockchain is a ledger. Its analogue is the ledger kept by a central bank.

P2) Central banks do not process your individual micro payments.

P3) Central banks are the ledgers in the fiat word.

P4) The fiat world has no problem with scalability and micro payments.

.: Therefore the possible inability of the blockchain to scale for individual micro payments does not lead to the conclusion that bitcoin cannot scale.

Bitcoin can scale ‘off chain’, aka off the central ledger. Nothing new here, we are just nascent. I’d love to hear counter arguments, though. Either to disprove a premise or show that the conclusion does not logically follow.

What I foresee for the future is that bitcoin will rise in value as fiat falls. This will drive adoption as a store of value. Bitcoin will become even more prevalent. As fiat truly begins to collapse, companies will wish to receive BTC as payment. Companies will develop very simple solutions to this. PayPal or visa could comfortably process BTC transactions and settle over the blockchain to retailers periodically through much larger transactions.

Lightning network or something similar is preferable, but not actually essential in my opinion.

What’s critical is that without those third parties there will always be an alternative. You can choose to use a trusted third party for transactional ease, but do not need to.

TL;DR to argue that bitcoin cannot scale because there would be too many transactions for the blockchain is analogous to arguing that fiat cannot work because a central banks ledger cannot process every single micro payment.

Genuinely would love feedback, even (and inevitably) negative.

submitted by /u/BeTeeC
[link] [comments]

Wise words

submitted by /u/rogerverygay [link] [comments]

maybe btc dominance is temporarily a good thing. it gives society a false sense of security about the real disruption that is to come

submitted by /u/jonald_fyookball
[link] [comments]

source https://www.reddit.com/r/btc/comments/cxr8iw/maybe_btc_dominance_is_temporarily_a_good_thing/