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According to Naomi's interview with George Selgin at 34:30 George states that the bill only specifies "bitcoin" and not "BTC". Doesn't this mean this opens the same door for all other bitcoins like "Bitcoin Cash" or even "Bitcoin Diamond"?

They all use most of the same blockchain, the node software is mostly identical and obviously "bitcoin" is in the name. Saying these projects aren't "bitcoins" is like saying "Keepass XC" isn't a "keepass". And that just isn't how open source software works in my opinion.

This might be a great opportunity to capitalize on the problems El Salvadore will have trying to make Bitcoin Core work and to get people using something truly free and open (and functional) instead before world bank lackey's can react.

Or maybe I'm misunderstanding the bill and how this actually works. Looking forward to reading some responses.

submitted by /u/syntaxxx-error
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source https://www.reddit.com/r/btc/comments/o3nm2k/in_el_salvadores_new_bill_isnt_bitcoin_cash_a/

Crypto 360°

Sunday, 20 June 2021

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