Sunday, 15 August 2021

Should I buy 1 USD now?

I am aware that USD has been in a bear market for 105 years, but I think we've finally bottomed out and it can only go up from here. Right now 1 USD can only buy a tiny fraction of a Bitcoin, but in 4 years where the Fed stops printing new money the stock-to-flow of USD will rise and it could buy much more.

So should I buy 1 USD with some of my Bitcoin? Thoughts?

submitted by /u/ztsmart
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Inside Cuba's Bitcoin Revolution. As political demonstrations show the world that Cubans are tired of dictatorship, Bitcoin is providing an option to peacefully protest and opt out of a broken system.

Cruz said the recent protests have been triggered by a lack of food, a lack of medication, by people suffering from hunger, trying to survive in brutal conditions, during a pandemic, with government bureaucracy, and with high inflation. “The Cuban people are tired,” he said. “They want a better life. The system isn’t working,” Cruz said, “so people are turning to Bitcoin to escape.”

https://bitcoinmagazine.com/culture/cubas-bitcoin-revolution

submitted by /u/thebitcoin10
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Saturday, 14 August 2021

What Will 1 Bitcoin Be Worth In 10 Years?

What Will 1 Bitcoin Be Worth In 10 Years? submitted by /u/bitsteiner
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Join the Digital Money Revelotion

Join the Digital Money Revelotion submitted by /u/Zunnurayni
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source https://www.reddit.com/r/btc/comments/p3vfxz/join_the_digital_money_revelotion/

Using Bitcoin Cash I can move money around like it is supposed to be cheap and reliable.

Using Bitcoin Cash I can move money around like it is supposed to be cheap and reliable.

Using Bitcoin Cash I can move money around like it is supposed to be cheap and reliable.

The total cost was less than $0.03 with 25 inputs.

That same transaction would cost me over $9.0 using the fake Bitcoin. And the fees in the fake Bitcoin BTC are cheap right now because no one is using it at the moment, wait until you see $20 for a regular transaction let alone a transaction with many inputs like mine.

https://preview.redd.it/6dss1zbtd7h71.png?width=1280&format=png&auto=webp&s=1ef104310c21c83db82f584bdec0fead031a5b83

submitted by /u/francis105d1
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source https://www.reddit.com/r/btc/comments/p3vy4x/using_bitcoin_cash_i_can_move_money_around_like/

Fees are going up again in the fake Bitcoin better known as Core Custodians Coin.

Fees are going up again in the fake Bitcoin better known as Core Custodians Coin. submitted by /u/francis105d1
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source https://www.reddit.com/r/btc/comments/p3vmbr/fees_are_going_up_again_in_the_fake_bitcoin/

It's Fusion Friday!

CashFusion is a privacy protocol for Bitcoin Cash where users mix their coins with each other to make their transactions more private.

With CashFusion, your finances are your business, and no one else's. Over 6 Million Bitcoin Cash has already been made private using this innovative, non-custodial mixing protocol.

https://stats.cash/#/fusion

https://fusionstats.redteam.cash/

You can "Fuse" all week for a few cents in fees if you want. This post is just a weekly reminder. (And it gives users a specific time to coordinate their fusing if they want. The more people using CashFusion at once, the more effective it is!)


New to CashFusion? No problem, getting set up is pretty easy =)

First, download the Electron Cash desktop wallet. It's got CashFusion built in.

Set up your wallet (and be sure to write down your recovery phrase on a physical piece of paper), then activate CashFusion by clicking the icon in the lower right: https://i.imgur.com/DXEPLtf.png

Once it's activated, your wallet will start "fusing" the Bitcoin Cash it contains. Fusions happen over time as their own transactions, and they only cost you the network transactions fees (so less than a penny, usually).

Each fusion transaction will include some of your coins*, so it will take multiple fusion transactions before all the coins in your wallet will be fused. (In the View menu, toggle the "coins tab" to see all of the coins in your wallet. In the "Label" field, fused coins will show CashFusion info.)

Currently, Electron Cash keeps fusing your coins indefinitely. The plan is to eventually allow you to stop fusing automatically after some number of fusions per coin but, until then, there's no downside to leaving it to fuse continuously besides paying the transaction fees. (Every fusion gives you that much more privacy, while also providing "liquidity" for other fusers.)

It may be necessary to split up or join your coins before they will Fuse, depending on their sizes. If you leave CashFusion running and don't see any fusions happening, consider sending your coins to yourself in small amounts to split them up, or sending everything to yourself in one transaction to combine them. (That latter does connect those addresses and reduce your privacy looking "backwards", so whether it's worth trying is up to you.)

Electron Cash does not yet prevent you from spending un-fused coins, nor does it prefer fused coins when spending, so it's probably best to leave it fusing and keep your whole wallet fused, and to pick your coins manually from the Coins tab. If you want that coin-management taken care of for your (and/or you're not comfortable picking from the Coins tab), you can always switch back to CashShuffle for now. (It's in the Optional Features window, accessible from the Tools menu.)

Here's the CashFusion Telegram group where you are welcome to ask questions. (Just remember to be courteous!)

Happy Fusing!! <3

*"Coins" are kind of a confusing concept when it comes to Bitcoin, but you can think of them just like discrete "bills" (or... "coins") in your wallet, but instead of coming in only certain sizes like $1, $5, $10, $20, etc, they can be any amount sent to you in a previous transaction, like 0.618 BCH, 0.000001 BCH, or 123.45679 BCH. (They can also be combined and split up. That happens in most transactions!)

submitted by /u/AD1AD
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source https://www.reddit.com/r/btc/comments/p3vq51/its_fusion_friday/