I don’t follow the ethos of BCH that closely, but am still curious— can someone give a brief summary/list of why many in the community are unhappy with the prospect of IFP

submitted by /u/reziv0r
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source https://www.reddit.com/r/btc/comments/ff575p/i_dont_follow_the_ethos_of_bch_that_closely_but/

Spending all day moving my business to platforms that accept Bitcoin.

submitted by /u/checkraise86 [link] [comments]

source https://www.reddit.com/r/btc/comments/ff5vlu/spending_all_day_moving_my_business_to_platforms/

BREAKING NEWS: Bitcoin (BTC) Now Qualified as Legal Form of Money by French Authorities

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

source https://www.reddit.com/r/btc/comments/ff5pi0/breaking_news_bitcoin_btc_now_qualified_as_legal/

Binance CEO Apologizes, Weighs-In on TRON/Justin Sun Versus STEEM & 65 Million Frozen Coins

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

source https://www.reddit.com/r/btc/comments/ff5dnz/binance_ceo_apologizes_weighsin_on_tronjustin_sun/

France’s Declaring Bitcoin as Legal Money follows Good News in India and South Korea

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

Proof of Drinks: An Open-Source Bitcoin Drinking Game

I’ve developed a new game that is played P2P…

Proof of Drinks: An Open-Source Bitcoin Drinking Game

GAME RULES

Player Types:

• The Market

1. Includes Drinkers, Buyers, and Sellers 2. Anyone within The Market may play any of the aforementioned roles at any time. 3. Manages BITCOIN PROTOCOL - Block Reward (frequency, amount, halving) - Die Rolls - Drink Pour 

• The Bartender

1. Acts autonomously; is not included within The Market. 2. Sells glasses and drinks to Drinkers. 3. Manages PRICE LIST OF GOODS - Glasses (fiat/glass) - Drinks (fiat/oz.) 

• The Government

1. Acts autonomously; is not included within The Market. 2. Manages MONETARY POLICY - Inflation Rate - Circulating Supply of Fiat 

Items needed:

1. Copies of GAME RULES, BITCOIN PROTOCOL, PRICE LIST OF GOODS, and MONETARY POLICY.
2. One six-sided die.
3. A number of six-ounce measuring glasses equal to the number of players within The Market.
4. Drinks (alcoholic or otherwise).
5. Fiat money (or Monopoly money).
6. Minimum 6 players or so.

Object of the Game:

1. To learn the mechanics of bitcoin and the economy through drinking and having fun.
2. The game ends when one or more of the following conditions are met:
   • You run out of drinks.
   • Everyone is tired of drinking.
   • Everyone is tired of playing.
3. At the end of the game, the person with the highest net worth (fiat + bitcoin) is deemed The Winner.

General Rules and Definitions:

1. All die rolls are performed in front of all participants.
2. Bathroom breaks are permitted, however gameplay continues. If a Drinker is in the bathroom during their round, their round is forfeited.
3. Anyone within The Market may buy and sell anything at anytime.
4. Round: The procedure for drinking; may or may not result in the production of bitcoin.
5. Block: A round that results in the production of bitcoin.
6. Anyone within The Market can propose a change to any rule at any time.
   • If everyone agrees, game play continues with the new rule.
   • If no one agrees, the person who proposed the change may continue playing or quit the game.
   • If some, but not all, agree, then the game may be forked into two separate games (Note: this may cause hurt feelings). The Government and The Bartender tend to both games.
7. All values (bitcoin, block reward, fiat, etc) are to be rounded to the nearest whole number.

Analogies:

1. Drinkers = Miners
2. Glasses = Mining equipment
3. Drinking = Proof of Work
4. Die roll after drinking = Mining for the nonce
5. Drink pour = Difficulty
6. Bathroom break = Mining equipment maintenance
7. All drinks and die rolls observed by everyone = Nodes validating

Game Setup:

1. Designate a minimum of one player to be The Government.
2. Designate a minimum of one player to be The Bartender.
3. All other players (minimum 2? 3? 4?) are collectively The Market.
4. The Government gives The Bartender and everyone within The Market ___ dollars each.
5. For the first round, everyone within The Market is a Drinker (in subsequent rounds, anyone can step in our step out of the Drinker role).
6. All Drinkers claim a chair around a table.
7. All Drinkers purchase a glass from The Bartender at ___ dollars per glass. (Use a 6 oz. measuring glass for ease of pour.)
8. All Drinkers roll a die; the Drinker with the highest number goes first. Subsequent rounds proceed clockwise.
9. The Bartender determines the initial Cost of Drinking (fiat/drink).
10. Determine the beginning Block Reward (50?).

Round Procedure:

1. Determine the Nonce
   • Someone in The Market rolls a die. The number rolled is the Nonce for the Block.
2. Determine the Pour
   • Someone, other than the Drinker for this round, rolls a die. The number rolled equals the amount of drink poured (e.g., a roll of “3” means 3 ounces is poured into the Drinker’s glass).
3. The Drinker drinks the pour, then, once The Market has collectively determined the glass is free of liquid, the Drinker rolls a die. All participants in The Market verify the die roll.
   • If the die matches the Nonce, the Drinker receives the Block Reward! It is now the next Drinker’s turn, beginning again with Step 1 above.
   • If the die does not match the Nonce, no Block Reward is granted. It is now the next Drinker’s turn, beginning with Step 2 above.
4. Every 10 Blocks, the Block Reward is cut in half.
5. Once all Drinkers have completed a Round, The Government determines a new Inflation Rate and inflates the Circulating Supply of Fiat accordingly.
   • The Government rolls a die in another room then comes out and announces the result of the die roll. The number of the result is the inflation rate (e.g., if the roll is “3” the inflation rate is 3%).
   • The Government multiplies the Circulating Supply of Fiat by the Inflation Rate and adds this amount to the Circulating Supply of Fiat. The Government can do anything it wants with the fiat created.
6. The value of each bitcoin (fiat/bitcoin) is determined by members of The Market.
   • For the determination of the Winner at the end of the game, the final value of bitcoin is the last value at which it traded.

submitted by /u/SufficientRadio
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France Says Bitcoin Is Money as Industry Cheers Bullish Week for Crypto

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