CHallenges to embrace when adopting Bitcoin Cash

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source https://www.reddit.com/r/btc/comments/w5jc07/challenges_to_embrace_when_adopting_bitcoin_cash/

The Bitcoin Cash Podcast #54: BCH Past, Present & Future feat. Hayden Otto

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source https://www.reddit.com/r/btc/comments/w5i3or/the_bitcoin_cash_podcast_54_bch_past_present/

Some questions for the future of BTC's utility. Please respond with helpful solution, rather than negative comments mocking my poor understanding etc. I am here to learn.

1. If BTC is a deflationary asset due to its fixed supply, why can't governments simply stop print fiat money once and for all and see deflation with traditional fiat currencies in the same manner?
2. What happens if all the available BTC is bought and the people who own them refuse to sell?
3. Although BTC is a decentralised asset, you can only buy it on centralised exchanges such as Binance and Coinbase (from my understanding). Thus, doesn't this defeat the initial purpose of eliminating the risk of your money being stolen or controlled.
4. When we go to the supermarket, we pay exactly the amount that we buy. However, if BTC transactions have fees, and these fees can add up pretty quickly, doesn't this prevent BTC from being integrated into society and being used in everyday lives?
5. BTC is only fully yours when it's in a cold wallet. However, sending BTC from a cold wallet is an inconvenient and time-consuming progress, therefore halting BTC from regular use and eventually becoming a world reserve currency.

submitted by /u/Ok_Peak_3214
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1 Bitcoin Cash

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source https://www.reddit.com/r/btc/comments/w4sjb1/1_bitcoin_cash/

Justice Department Arrests Former Coinbase Manager For Insider Trading

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

⚡ Lightning Thursday! July 21, 2022: Explore the Lightning Network!⚡

The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments.

Here is the place to discuss and learn more about lightning!

Ask your questions about lightning

Provide reviews, feedback, comparisons of LN apps, services, websites etc

Learn about new LN features, development, apps

Link to good quality resources (articles, wikis etc)

Resources:

• Here is an awesome list of resources compiled by Jameson Lopp: https://www.lopp.net/lightning-information.html

• Want to test out your lightning fire power? tip the Bitcoin devs! https://bitcoindevlist.com/

• Previous threads: Search

• Lnbook getting closer towards being finished and can already be seen at: https://github.com/lnbook/lnbook

• Lightning Dedicated YouTube Channel: https://youtube.com/renepickhardt

• Also there is the playlist by chaincode labs: https://youtube.com/playlist?list=PLpLH33TRghT17_U3as2P3vHfAGL8pSOOY

• Lightning stores: https://www.lightningnetworkstores.com/

• Learn more and talk about lightning right here in r/Bitcoin, r/bitcoinbeginners, r/thelightningnetwork, and the r/Bitcoin chat

submitted by /u/rBitcoinMod
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How far do you see Polygon MATIC reach by end of this year? Good time to buy or I should wait for a retrace

Polygon’s MATIC has been all over the news in the past few days for its crazy eye-popping rise, and I am wondering what is happening and what could be the cause of this astronomic rise. As a matter of fact, this is the kind of rise you experience when a new project is about to get launched on a major exchange or when it has something big about to happen. Guess I missed something in the news about MATIC which is responsible for this spike.

Although I read that that the network has experienced some huge number of projects get on-boarded. Looking at the charts, MATIC was at $0.31 as at June 18 and by July 21, MATIC is touching $0.9 per token. That’s about 200 percent in barely one month. And that’s coming from a coin that has been around for quite some time, and not some recent project like Messenger app token Toklok, Stacks or chronoly.

With this trend, you think MATIC could hit $5 by the end of this year? What do you think about getting some MATIC right now?

submitted by /u/Successful_Fereet
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source https://www.reddit.com/r/btc/comments/w4orgw/how_far_do_you_see_polygon_matic_reach_by_end_of/