Monday, 27 January 2020

Gifting bitcoin

Getting married in a few months and I was thinking of gifting a little bitcoin to my groomsmen. Some don’t even really understand it, but I think it’s a cool idea. Anyways should I just make them a paper wallet and give that way. Any recommendations welcome. Thank you.

submitted by /u/Jargento
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Bitcoin and crypto as a safe 2020 heaven

The year 2020 has turned into a year of crisis and this is just the first month -The US-Iran crisis -The Australian bushfires -Taal volcano -#coronarvirus

Don't you think this will push people towards Cryptocurrency as safe haven and for quick and easy movement of money?

submitted by /u/eljaboom
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I don’t agree with the statement in the AMA that developers will set the agenda.

  • I don’t agree with the statement in the AMA that developers will set the agenda. I had hoped the development agenda would be set by profit-seeking miners who give funds to developers for the specific projects miners have decided are worth investing in. I’m worried this could easily turn into a slush-fund boondoggle for developers, a sort of universal basic income for them that gives them more leeway to turn Bitcoin Cash into science project instead of the tight leash and collar with clear success metrics it should be.
  • I don’t agree with the statement in the AMA that most of the funds will be “general donations.” I don’t think forking over a pot of money and then saying “figure out something useful to do” is a very smart way to get useful things done. This seems to be a recipe for the kind of money grubbing and inefficiencies you see in D.C. non-profits, public works projects, and grad-school programs. Developers have the incentive to try bloat the budget as much as possible to get as much as the common fund as they can. The money should come with very clear goals, timelines and specific financial incentives.

source

submitted by /u/MemoryDealers
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source https://www.reddit.com/r/btc/comments/eugk90/i_dont_agree_with_the_statement_in_the_ama_that/

Girlfriend just got me this for my birthday! Go Bitcoin!

Girlfriend just got me this for my birthday! Go Bitcoin! submitted by /u/klownman123
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This is what we're talking about: 22 items under development, 18 under discussion to get Bitcoin Cash "Done".

Under Development:

  1. OP_REVERSEBYTES - Bitcoin ABC | Independent
  2. SigChecks - Bitcoin ABC
  3. Increase unconfirmed ancestor limit - Bitcoin Unlimited | Bitcoin ABC
  4. Reusable Payment Addresses - Bitcoin Unlimited | Bitcoin ABC | BCHD | Electron Cash
  5. Double spend proof creation and forwarding - Bitcoin Unlimited | Flowee
  6. CashFusion - Bitcoin ABC | BCHD | Electron Cash
  7. Storm - Bitcoin Unlimited
  8. Modified fee structure - Bitcoin ABC
  9. Graphene v2 - Bitcoin Unlimited
  10. Bitcore API server (proxy) - Flowee
  11. Electrs Electrum Server Integration - Bitcoin Unlimited
  12. CashScript - Bitcoin.com
  13. Spedn - Independent
  14. Xthinner - Independent
  15. OpenCAP alias protocol - Independent
  16. Restore OP Codes - Bitcoin Unlimited | Bitcoin ABC
  17. Allow <100 byte txs except those of 64 bytes - Bitcoin ABC
  18. CashDB - Lokad SAS
  19. Maxblocksize Based on Median Block Size - Bitcoin Unlimited
  20. Bi-directional Overlay Network - BCHD
  21. BUIP087 nomenclature for 1/1,000,000 BCH - Bitcoin Unlimited
  22. UTXO commitments - Bitcoin ABC | bitCrust

Under Discussion:

  1. Allow fee-free spending of old UTXOs - Bitcoin ABC
  2. Mitra - Independent
  3. Zero-Knowledge Contingent Payments - Bitcoin ABC | BCHD
  4. Avalanche - Bitcoin ABC | BCHD
  5. OP_PUSHSTATE - Independent
  6. Taproot - Bitcoin ABC
  7. Deep Link Payment Protocol - Bitcoin ABC | BCHD
  8. Mandatory CashAddr for P2SH - Electron Cash | Independent
  9. Cash Intents - Independent
  10. Revised DAA (w/ PID control) - Bitcoin ABC
  11. Blocktorrent - Independent
  12. Metadata Subtree - Bitcoin ABC | Lokad SAS
  13. Merklix Trees - Bitcoin ABC | Lokad SAS
  14. Time Delay Penalty Based on Multiple Blocks
  15. Bobtail
  16. One Way Aggregate Signatures - Electron Cash
  17. Improved 0-conf via security deposits - Bitcoin Unlimited
  18. Switch standard denomination to 'bits'

source: https://cash.coin.dance/development

submitted by /u/ChaosElephant
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source https://www.reddit.com/r/btc/comments/eufwsv/this_is_what_were_talking_about_22_items_under/

🔵 Bitcoin Cash Developer Fund – Good or Bad Idea? Is it a Tax? 6 Months or Forever? Will it Lower Network Security? Why "12.5%"? Will Hashrate Drop? A Good or Bad Idea?

🔵 Bitcoin Cash Developer Fund – Good or Bad Idea? Is it a Tax? 6 Months or Forever? Will it Lower Network Security? Why "12.5%"? Will Hashrate Drop? A Good or Bad Idea? submitted by /u/ColinTalksCrypto
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source https://www.reddit.com/r/btc/comments/eugbht/bitcoin_cash_developer_fund_good_or_bad_idea_is/

Hypothetical Question for Moon Shot after Halving

Let's say that Bitcoin moons to 100k after the halving in June 2020.

I won't be rude and share how much of fiat I have in Bitcoin. I'm curious what how one would or what what one would do to avoid the tax man from coming for me.

I'm here in the United States and looking for how to get away from the government's boot from coming down on my neck. I'm tempted to keep my coins in my ledger indefinitely but I know some companies won't accept it for purchases.

TLDR: What to do with all my riches to buy things that I can't buy with bitcoin and how to avoid the tax man from coming for me?

submitted by /u/Purplepeon
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