Sunday, 15 August 2021

Subtipper has just tipped the top posts for this community! [20:07 GMT August 14, 2021]

Thanks to all posters for providing great content!

The top posts since the last payout (~1 week) have been tipped 1 US cent per vote, or 1491 sats per vote.

For an explanation of Subtipper and how it works, please see this article.

 

Winning posts:


This didn’t age well by u/Anen-o-me

[tip] - 812595 sats = 0.00812595 BCH = ~5.45 USD


Blockchain-support scam beware by u/mbc08

[tip] - 226632 sats = 0.00226632 BCH = ~1.52 USD


Fun fact - I have been putting "remind me 1 year" responses to a lot of negative comments about BCH. Reminders are coming due and so far 3 out of 3 of those users are now [deleted]. by u/mrtest001

[tip] - 222159 sats = 0.00222159 BCH = ~1.49 USD


“ BCH is trying to break $600.00 and I want to see that too because Bitcoin Cash deserves a price of $4500.00 already. DeFi on BCH, really low transactions cost for years and more years to come in the future, not to mention that it has the potential to take the first place on CMC” by u/Egon_1

[tip] - 146118 sats = 0.00146118 BCH = ~0.98 USD


Binance is MOST definitely having liquidity issues when it comes to coins like BCH that you can't conjure up out of air. Slowing down withdrawals is the first step to insolvency. Remember, we have been here before. by u/i_have_chosen_a_name

[tip] - 134190 sats = 0.00134190 BCH = ~0.90 USD


According to Coingecko 17% of all BCH is now traded on Coinflex with a 24h volume of almost 700 million USDC. by u/i_have_chosen_a_name

[tip] - 132699 sats = 0.00132699 BCH = ~0.89 USD


Bitcoin SV rocked by fifth 51% attack, serial culprit attempts double spends by u/minitoxin

[tip] - 108843 sats = 0.00108843 BCH = ~0.73 USD


 

Tips not claimed within 7 days will be returned to the Subtipper fund and tipped out to future posts.

 

To support this bot, help spread Bitcoin Cash, and encourage great content in the r/btc community, tip this post using Chaintip by including u/chaintip in your comment!

Thanks!

Note: this payout event was triggered by block 700835, which was mined more than 3 days since the last event and has the last three hex digits of its hash (joined as a number) strictly smaller than 7. The BCH price at the time of activation was $670.7

submitted by /u/rbtc-tipper
[link] [comments]

source https://www.reddit.com/r/btc/comments/p4f4ew/subtipper_has_just_tipped_the_top_posts_for_this/

Bch dominance , green days ahead https://ift.tt/2VVWZYz

submitted by /u/armanrahmani
[link] [comments]

source https://www.reddit.com/r/btc/comments/p4ez6m/bch_dominance_green_days_ahead/

Bitcoin is Unseizable Wealth - RoundlyX Blog

Bitcoin is Unseizable Wealth - RoundlyX Blog submitted by /u/CoinSavage
[link] [comments]


source https://www.reddit.com/r/btc/comments/p4fh4f/bitcoin_is_unseizable_wealth_roundlyx_blog/

Bitcoin is Freedom

In a fiat money system the value of human labor is stolen through an invisible tax called inflation, which is effectuated through currency debasement and money printing. The system has dug itself so far into a debt hole that we cannot stop or the whole system will collapse.

In an inflationary money system, the value of your labor goes down every year. The position this puts you in as an employee, is an endless cycle of trying to figure out how to work more, work longer hours, and earn more literally just so you can maintain the EXACT SAME standard of living that you had the year prior. You have to go to your corporate overlords and BEG them to pretty please give you a higher wage, because you automatically get a wage cut every year due to money printing stealing your purchasing power.

This brings us to Bitcoin. Bitcoin is a fixed supply monetary system that cannot be debased at-will by self-interested monetary overlords. It cannot be debased, and because of the natural growth of technological innovation which is a strong deflationary force in the modern world, under a Bitcoin based money system, we would enter into a deflationary economic environment, that favors the middle and lower classes.

No longer do you have to beg for a raise, you automatically get a raise in purchasing power every year. Because goods and services are allowed to benefit from the deflationary forces of technological innovation, groceries become cheaper, housing becomes cheaper.

Everything you need to survive becomes more affordable, because no longer is your surplus value and the innovation of technology being siphoned and stolen from you through endless money printing by centralized entities and used for inefficient central planning.

Under a deflationary Bitcoin monetary system, you could work less and have more time to pursue your interests and spend time with your loved ones, because you would be more financially free.

Bitcoin is financial freedom from an economic system designed to exploit you for your value. Bitcoin is freedom from financial slavery.

submitted by /u/Yung-Split
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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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