Thursday, 15 October 2020

Where is the legal due diligence to show ABCcoin won't become a security by the Howey Test?

I asked this question in a comment in another thread, but instead of answering it was downvoted (probably by ABC supporters who don't want to see this question).

But it wasn't me that raised this very legit question - it was Peter Rizun: https://read.cash/@PeterRizun/the-best-of-intentions-the-dev-tax-is-intended-to-benefit-investors-but-will-corrupt-us-instead-012f5dbd#the-howey-test-mined-coins-vs-securities

Right now Bitcoin Cash, just like BTC, doesn't have that problem.

So IFP supporters, link me to a legal analysis commissioned by ABC to show that it's not a great risk to the $4.8B coin. Surely you have the money to get good counsel on that.

State financial regulators are now trying to attack coins on whatever grounds they can find.

IMO, not only is the IFP a horrible idea from soundness perspectives, but it opens up multiple new ways for governments to attack, including based on existing regulations.

Change my mind.

submitted by /u/Pablo_Picasho
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source https://www.reddit.com/r/btc/comments/jblyvf/where_is_the_legal_due_diligence_to_show_abccoin/

Merged PR from Pieter Wuille: Implement BIP 340-342 validation

Merged PR from Pieter Wuille: Implement BIP 340-342 validation submitted by /u/Bitcoin_Acolyte
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The activity of Bitcoin traders is increasing and several indicators are reaching a new high

The activity of Bitcoin traders is increasing and several indicators are reaching a new high submitted by /u/DonnieBrast
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source https://www.reddit.com/r/btc/comments/jbkxox/the_activity_of_bitcoin_traders_is_increasing_and/

My BCH based project idea

Hey fellas,

Seeing all this talk about Zoom rolling out an "end-to-end" encrypted features made me roll my eyes as the data still goes through their servers and it's still possible to spy using a "ghost participant".

That made me think, can't we make an alternative using WebRTC (which provides real peer to peer conversations without a server in the middle and e2e encryption) and accepts monthly payments with BCH, along with wallet support?

We could provide a SaaS that offers real e2e encryption and privacy this way. And I think using BitPay we could offer an easy on-ramp and convince normies to get on board.

What do you think?

Note: I don't want any donations or investments, your words of encouragement and maybe development partnership would be more appreciated!

submitted by /u/RoutineRaspberry4706
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source https://www.reddit.com/r/btc/comments/jbk0y3/my_bch_based_project_idea/

Bitcoin Is About to Meet the Turning Point

Bitcoin Is About to Meet the Turning Point submitted by /u/EROSBabe
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source https://www.reddit.com/r/btc/comments/jbkf8u/bitcoin_is_about_to_meet_the_turning_point/

Bitcoin Audible: Read_449 - Deeper Down the Rabbit Hole [Knut Svanholm]

Bitcoin Audible: Read_449 - Deeper Down the Rabbit Hole [Knut Svanholm] submitted by /u/BashCo
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Maybe Square and MicroStrategy could use their Bitcoin in targeted/strategic transactions with certain vendors they do business with as a way of growing the Bitcoin network across more businesses.

submitted by /u/the420chronicler
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