“ Trying to get my head around what happened in crypto today. Seems El Salvador botched its bitcoin rollout, bitcoin price dropped ~20%, multiple exchanges then went down simultaneously, Tether did two separate billion-dollar printings, and btc partially recovered.”

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/pjx3d3/trying_to_get_my_head_around_what_happened_in/

In light of recent events I would like to point at this article.

‘’ Whoever is first in the field and awaits the coming of the enemy, will be fresh for the fight; whoever is second in the field and has to hasten to battle will arrive exhausted. Therefore the clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him.’’

Let’s reflect on how this wise advice transposes to advancing the goals of true P2P electronic cash for all.

At inception, Bitcoin was meant to bring a challenge to the domineering legacy financial system (the enemy), which is certainly very powerful, and until then fairly uncontested and unchallenged in its own field of power: the issuance and control of the currency supply in the form of debt-based fiat money and its distribution circuits in the form of legacy payment networks (Visa, Mastercard, Sepa, Swift, T2, Fedwire, etc...).

The great mistake of Bitcoin, bitcoiners, and coiners in general, is to seek validation and approval almost exclusively through counter-valuation on fiat markets, the field where the enemy was always, and still is, at its strongest.

https://read.cash/@PabloLG/bringing-on-chain-markets-to-the-bitcoin-cash-ecosystem-3beef95c

submitted by /u/Remora_101
[link] [comments]

source https://www.reddit.com/r/btc/comments/pjwk90/in_light_of_recent_events_i_would_like_to_point/

A lot of businesses are suffering in the hands of banks and that could easily be changed by crypto like BCH if only people would see beyond the lies of the government and believe in its great future. This is a classic example

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

source https://www.reddit.com/r/btc/comments/pjx8ti/a_lot_of_businesses_are_suffering_in_the_hands_of/

Knuth C API v0.22.0 has been released.

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

source https://www.reddit.com/r/btc/comments/pjw7u1/knuth_c_api_v0220_has_been_released/

“ Tethers next trick will be to get El Salvador to issue a US dollar denominated bond, Tether will then print Tethers in exchange for the El Salvador bond. Tether will then report it in their balance sheet as a “USD Denominated Government Bond”. “

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/pjvzj8/tethers_next_trick_will_be_to_get_el_salvador_to/

“So, on the exact day that El Salvador launches Bitcoin as a legal tender against the wishes of the World Bank and IMF , mysteriously every single major exchange goes down at the same time as the price crashes by 20%…”

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/pjw04y/so_on_the_exact_day_that_el_salvador_launches/

Can we have more rollercoaster guy and price prediction to the moon shit please ?

I think this sub is getting close to going full retard, just a few more memes, a couple extra price posts with relevent buzzwords and we can challenge r/bitcoin.

Just to remind some people because it feels some people need to be reminded,

BCH is strong because it's quite simply peer to peer electronic cash, it's quite simply bitcoin that still works. Focusing on USD value, focusing on being just one of literally thousands of digital assets easily traded on a exchange in the pursuit of USD will be the death of what could of been a world changing currency.

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

source https://www.reddit.com/r/btc/comments/pjvaib/can_we_have_more_rollercoaster_guy_and_price/