Is bitcoin cash directly related to bitcoin? Like if I were to buy bitcoin I can use that bitcoin to buy things being sold for bitcoin cash?
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source https://www.reddit.com/r/btc/comments/f7o37g/newbie_here/
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Is bitcoin cash directly related to bitcoin? Like if I were to buy bitcoin I can use that bitcoin to buy things being sold for bitcoin cash?
I'm worried about splitting is a good thing. Certainly, the worst thing you can split is the strength of bitcoin, but if the BCH community who has experienced splitting twice in the past becomes split again in this short time, many people will give up and be amazed, Wouldn't be able to follow . We are willing to cooperate in avoiding the fork, but honestly, we don't care about the controversy about what's right or what's wrong. The debate about whether it's a TAX or a TAX is really silly. The important thing is that many people deny this fact, and that if BCH enforces this, "many people will lose interest in BCH". Conversely, some people lose interest in BCH even if they ignore the problem of funding altogether. If not inclusive, BCH will not win. Obviously, if the BCH branches again, the BSV will exceed the BCH by market capitalization, and knowing that they have enough incentive to trigger the BCH branch. It is ironic that the code that enables such actions is prepared on the BCH side.
Bitcoin mining emissions were on par with Estonia, suggesting that the climate change impact of the first digital asset is less than previously reported. Furthermore, the research seems to suggest that where Bitcoin is mined contributes to how much carbon Bitcoin emits. With so much of the mining being done in China, one might wonder if that country’s infrastructure is more to blame than Bitcoin.
Past research demonstrated that emissions from mining bitcoin could be as high as 63 megatonnes of CO2 per year. Reports surfaced suggesting Bitcoin mining put out as much carbon as some Scandinavian countries. But, Susanne Köhler and Massimo Pizzol at Aalborg University in Denmark suggested previous researchers had built misguided axioms into their studies. Poor assumptions about carbon emissions from electricity generation across China, in part, led to the doomsday conclusions about bitcoin mining.
Köhler and Pizzol instead broke emissions down within China to take into consideration regional levels of CO2 produced, as reported by The New Scientist. They came up with a lower carbon footprint for Bitcoin: 17.29 megatonnes of CO2 in 2018. The new numbers result from facts such as coal-heavy Inner Mongolia accounts for 12.3 percent of bitcoin mining, resulting in more than a quarter of the total emissions.
“On the one hand we have these alarmist voices saying we won’t hit the Paris agreement because of bitcoin only,” said Köhler. “But on the other hand there are a lot of voices from the bitcoin community saying that most of the mining is done with green energy and that it’s not high impact.”
Köhler and Pizzol say the affect of Bitcoin mining on the environment won’t truly be known until more accurate data on where it takes place is available.
Source: goldsilverbitcoin
Published my first ever article on read.cash. This one is an attempt to evaluate the Infrastructure Funding Plan (IFP) through the lens of Austrian economics and a Rothbardian view of private property. Hopefully it helps clarify some of the issues in the debate.
If you're into Bitcoin because you're a libertarian, this one is for you.
https://read.cash/@fatalglory/a-rothbardian-evaluation-of-the-ifp-7199e249