Category Archives: Bitcoin Education
Will Cryptocurrencies Make Governments and Central Banks Obsolete? PressTV MiniDoc w/ Jeff Berwick
Source: The Dollar Vigilante
“Exactly right, there is only 1 real Bitcoin. For you to know which one it is, you need to go read the Bitcoin white paper, over and over again, and you compare that with what Core have done with their SegWit hack, and the intentional prevention of usability of their coin, and direct intention to force every user by high fees, into 3rd party side chains to be run by the bankers.
The only trash there is here is this impostor of Core’s Bitcoin… SegWit is not Bitcoin.
Bitcoin Cash is the real Bitcoin.” – Ed.
Bitcoin Cash – The Real Bitcoin has arrived!
Source of Image: BitcoinCash.org
Roger Ver on Bitcoin Cash at the LA Bitcoin Meet Up Group on Nov 9th 2017
Source: Roger Ver
Bitcoin & Blockchain & Why You Should Care: NY Alternative Investment Roundtable
Source: Reggie Middleton
Why Bitcoin Cash is the Real Bitcoin at this Stage: Different Systems (Bitcoin vs SegWit vs Lightning)
What are the differences between Bitcoin system, SegWit system and Lightning system and which one is true P2P, decentralised and which one is real Bitcoin system?
Which system should be called Bitcoin?
Please note that coin of every system is called by the system name, and note that Bitcoin coin name has been hi-jacked by Core & Blockstream as they count on exploiting lack of higher knowledge of users and the users not knowing how system works. Most users know the brand name only, as this is how mentality of consumers works, and Core & Blockstream count on this to trick you thinking you hold Bitcoin but you are not.
Answer is inside…
To all the Core advocates: You can bite me… I will keep calling you out
To all the Core shills: Stop being a moron and allow these liars to brainwash you. Temporal price of the coin is not determining factor of what Bitcoin is… THE WORKING PRINCIPLES is that what determines this. So stop being sheeple.
In addition, “I meant to say, with small block size, miners need higher fees , with large block size they can have lower fees as there is much more space for more transactions in the block, to get equal amount of reward from fees.
I also forgot to mention that user sending coins signs his transaction and this signature goes into the Bitcoin block also (but in SegWit system signature is not included in the Bitcoin block).
Opening a payment channel is equivalent to opening an account with a bank.
Oh and how could I forget this… ask Wikileaks what happens when government want to lock you out… all banks lock you out, Lighting hubs will act the same way, but miners don’t.”
Source of Text and Video: Ed
Don’t be fooled… there is a war going on for bitcoin.
I posited to TDV subscribers months ago that factions of Bitcoin Core and Blockstream are a globalist attempt at taking over or destroying bitcoin. Or at the very least, an attempt to profit from it being slow and expensive.
How else can you make sense of a group that thinks it is totally fine for bitcoin to have transaction fees in the hundreds of dollars. In fact, they prefer it to be expensive!
Be sure to continue to read at the source: The Dollar Vigilante
Bitcoin Q&A: Lightning Network without SegWit?
Bitcoin is a system with many strict rules but without any rulers. This is made possible because the rules are enforced by each and every user of the system. Changing the existing rules is nearly impossible, but new rules can be added if consensus is achieved.
The enforcement of rules without rulers may perhaps be the biggest innovation behind bitcoin.
But this doesn’t mean that no one is trying to become the ruler…
Be sure to continue to read at the source: Audun Gulbrandsen Hackernoon
Decentralized Exchange – As Fast As Possible – Chris Coney At Cryptofinance 2017 Oslo, Norway
Source: The Cryptoverse