Wednesday, 9 December 2020

Can BCH do 100mil transactions per second

I heard it was possible in the future

submitted by /u/Fearless_Doughnut41
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source https://www.reddit.com/r/btc/comments/k9nkpp/can_bch_do_100mil_transactions_per_second/

One of the most empowering things about Bitcoin is realizing that so called experts sometimes have no idea what they’re talking about.

submitted by /u/Spartacus_Nakamoto
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Synbit uses synthetic assets to build a more comprehensive income market and volatility structure to boost the development of DeFi

We will be releasing a beta version of Synbit on December 11 on the Ethereum Kovan network. Every user who participates in the beta and provides feedback will receive a token incentive. The details of the beta test and the incentive program will be announced at a later date.

submitted by /u/Synbit_Team
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source https://www.reddit.com/r/btc/comments/k9mpe4/synbit_uses_synthetic_assets_to_build_a_more/

How can I purchase bitcoin with cash?

I’ve read that bitcoin was created as a currency that does away with middle men and service fees and banks altogether. But it seems that you have to have a bank account to purchase bitcoin - which seems to avoid the purpose in the first place. Any suggestions would be helpful.

submitted by /u/Pockethulk750
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source https://www.reddit.com/r/btc/comments/k9mlhn/how_can_i_purchase_bitcoin_with_cash/

Starting to see why Ray Dalio said yes to bitcoin, xpost from economics

Starting to see why Ray Dalio said yes to bitcoin, xpost from economics submitted by /u/bell2366
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Why did Satoshi not create a system with transaction per second high enough to preclude the need for the hard fork to BCH?

I am not a programmer, nor do I have allegiance to any coin. Just trying to learn.

I was excited about bitcoin's promise of monetary freedom but after doing my research, I'm disillusioned by the difficulty to transact and maintain anonymity in BTC. I am US-based, bought my first crumb of BTC at an ATM recently, I own a trezor...

Sadly it feels like I can't do what the original promise of BTC advertised. So I wonder why the original system has those small blocks which dictate the slow TPS. Seems like it was set up to fail? (No, I haven't read the whitepaper yet.)

Thanks in advance for the help.

submitted by /u/bigwaves5
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source https://www.reddit.com/r/btc/comments/k9lpnj/why_did_satoshi_not_create_a_system_with/

Wells Fargo Thinking About Bitcoin And Cryptocurrencies Is Bullish!

Wells Fargo Thinking About Bitcoin And Cryptocurrencies Is Bullish! submitted by /u/mrsotkogaming
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source https://www.reddit.com/r/btc/comments/k9kt3s/wells_fargo_thinking_about_bitcoin_and/