Eric Voskuil: "Maximalism is a public relations effort to discourage the formation of substitutes for a given coin." https://github.com/libbitcoin/libbitcoin-system/wiki/Maximalism-Definition
Maximalism is a cancer growing inside the cryptocurrency ecosystem. #dailymemo #maximalism #BTC #BSV
BTC disadoption as a means of exchange: Payfast, the first (and only) South African payment gateway, ends support for BTC https://www.payfast.co.za/2019/07/12/ending-support-for-bitcoin/
I think we should differentiate the store of value function of money from the speculative assets people call "stores of value" (gold, real estate...) because fiat money isn't storing value as it should (inflation).
Buying $3.77 worth of BCH at $400 price: https://memo.cash/explore/tx/52c0e81602d025976b3e09ae32acbba50cc5c28136a126e0fbbf4c1ff38064c7
After the bubble, the crash. That's why I hate when prices go parabolic like this. We need more stability. And this comes with adoption as money: people buys things when the value of money rises.
I've bought some BCH today on local.bitcoin.com with a bank transfer. First time I do a trade on this p2p exchange platform. It was a great experience! (My referral link: https://local.bitcoin.com/r/lugaxker)
"If they do something that you like, then it's a soft fork; if they do something that you do not like, then it's a 51% attack." Amaury Séchet https://www.youtube.com/watch?v=8XKwug52liQ&t=2020
Andrew Stone: "[The Lightning Network] scales the wrong thing: repeat, preplanned small payment by existingusers. Investment (large one time payments) and new adoption consume new onchain tx.
I just saw the bug found in ABC and the empty blocks. Not good for the brand recognition of Bitcoin Cash :( #upgradeday
Schnorr is here! #upgradeday https://blockchair.com/bitcoin-cash/transaction/726f5f9267d99d3a02aaaa4f8c6f3716562b6b27a508414251c71aaf88db37b1
Interesting to see the price of BTC going up this much. It seems speculators don't care about real adoption. This applies to BCH as well but at least we are aware of that. #dailymemo #adoption
Emin Gün Sirer on the superiority of Avalanche https://www.youtube.com/watch?v=JM-PWrO_lec
I need your help! Explain the difference between sharding and Merklix tree (7 mBCH) https://lazyfox.io/task/bgv/explain-the-difference-between-sharding-and-merklix-tree
"Maximalism is a public relations effort to discourage the formation of substitutes for a given coin. (...) It is characterized by promotion of one Bitcoin over all others." Eric Voskuil
How can they talk about money if they pay $1 every time they make a payment? #BTC #dailymemo
Does someone know what are these addresses sending a lot of BCH transactions ? e.g. qqrxa0h9jqnc7v4wmj9ysetsp3y7w9l36u8gnnjulq The number in OP_RETURN data is increasing: currently 0x5cb1955a