Saturday, 14 August 2021

How would BTC work as legal tender in countries for buying day to day goods?

Sorry if this is a really dumb question and there’s already a well known answer that i’m somehow not realising but with the news of Argentina’s president considering following El Salvador in their BTC adoption I was left wondering how this will work.

I don’t even mean like large scale how will the system work but more so price for things in stores etc, would a chocolate bar be priced at 0.00002145BTC, would everything just be priced with many decimal places or would the price be shown in dollars but just paid for in BTC?

Again apologies if a silly question but just curious if anyone has any ideas.

Thanks for any answers in advance.

submitted by /u/GueraGoesGreen
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source https://www.reddit.com/r/btc/comments/p3s611/how_would_btc_work_as_legal_tender_in_countries/

Decred, which looks like a BCH rip-off with a 10% devtax added, has performed 5x better than BCH over the past year.

Decred, which looks like a BCH rip-off with a 10% devtax added, has performed 5x better than BCH over the past year. submitted by /u/steeevemadden
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source https://www.reddit.com/r/btc/comments/p3rwa8/decred_which_looks_like_a_bch_ripoff_with_a_10/

Thanks to that guy that bought pizza with Bitcoin in what was one of the first purchases with cryptocurrency, helping the community grow & ultimately bringing the blockchain to the masses. Brought To You By: That Hill @ That-Hill.github.io

Thanks to that guy that bought pizza with Bitcoin in what was one of the first purchases with cryptocurrency, helping the community grow & ultimately bringing the blockchain to the masses. Brought To You By: That Hill @ That-Hill.github.io submitted by /u/acidsiefer
[link] [comments]


source https://www.reddit.com/r/btc/comments/p3rqxq/thanks_to_that_guy_that_bought_pizza_with_bitcoin/

CryptoWoo Flipstarter - A seamless non-custodial and self-hosted payment gateway for WooCommerce

Please consider supporting our Flipstarter campaign: https://funding.cryptowoo.com

CryptoWoo enables WooCommerce users to easily accept Bitcoin Cash payments directly to their own wallet without middleman fees, iframes/redirections, wallet usage limits, or product restrictions.

WooCommerce is an open-source, completely customizable eCommerce platform for entrepreneurs worldwide. It leads as the most popular choice among the top million e-commerce sites, ahead of both Magento and Shopify.

Some of the goals of this Flipstarter:

  • Add Bitcoin Cash into the main plugin instead of keeping it as a separate add-on for even faster and seamless integration of BCH.
  • Add BCH double-spend proofs for even safer zeroconf.
  • Add SideShift and SimpleSwap so merchants can take payment in more cryptocurrencies while receiving BCH into their wallets.
  • Add SLP token support. This will make CryptoWoo one of the first WooCommerce plugins to support Bitcoin Cash SLP tokens.

A more long-term goal is also getting listed in the WordPress Plugin Directory for better exposure, ease of upgrade, clear statistics and reviews, and improved credibility.

You may see all goals and pledge at https://funding.cryptowoo.com.

submitted by /u/OlavOlsm
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source https://www.reddit.com/r/btc/comments/p3rqbi/cryptowoo_flipstarter_a_seamless_noncustodial_and/

BTC Can't Even Muster Feeble 1MB Blocks Anymore

https://bitinfocharts.com/comparison/bitcoin-size.html#3m

The mempool is mostly empty:

https://jochen-hoenicke.de/queue/#0,2w

Yet the average fee is STILL $2/transaction

https://bitinfocharts.com/comparison/transactionfees-btc-bch.html#3m

Note the red line at the bottom of the chart, that is the average BCH fee.

Yet I've got retards telling me "BTC volume crushes BCH". It's almost looking like people are waking up and smelling the coffee.

submitted by /u/wtfCraigwtf
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source https://www.reddit.com/r/btc/comments/p3qcb0/btc_cant_even_muster_feeble_1mb_blocks_anymore/

Draghi, Sound Money and Bitcoin Cash

An essay about two visions on money: the mainstream one and the common people one. While central planners cast illusions to keep alive the fiat money scam, common people are awakening in front of the reality. Remember: there is the reality in which central planners believe, and then there is the REAL reality.

https://read.cash/@Melis/draghi-sound-money-and-bitcoin-cash-954f45d8

submitted by /u/Freedonia85
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source https://www.reddit.com/r/btc/comments/p3r2ts/draghi_sound_money_and_bitcoin_cash/