@alexbosworth: My submarineswaps.org service that provides an on-chain gateway to LN isn’t busy, I only do about 1 swap/day. There’s more activity on @YallsOrg so I tried out @wasabiwallet for all on-chain funds there first. So far so good, now both service funds will be Wasabi coinjoined.

@alexbosworth: My submarineswaps.org service that provides an on-chain gateway to LN isn't busy, I only do about 1 swap/day. There’s more activity on @YallsOrg so I tried out @wasabiwallet for all on-chain funds there first. So far so good, now both service funds will be Wasabi coinjoined. submitted by /u/CBDoctor
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Bitcoin – The Currency of the Internet

Ray Dalio: “I expect borrowing and printing money will both grow, which will weaken the dollar and eventually diminish its role as a reserve currency. Said differently, the soundness of our finances is weak.”

Ray Dalio: "I expect borrowing and printing money will both grow, which will weaken the dollar and eventually diminish its role as a reserve currency. Said differently, the soundness of our finances is weak." submitted by /u/myquidproquo
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Bitcoin – The Currency of the Internet

I just want to say how happy it makes me that people on both sides are doing responsible disclosure of critical vulnerabilities. This works out better for EVERYONE.

Both sides of the camp very vehemently disagree with each other and say incredibly unkind things to each other and treat each other very poorly, but I can't even express how happy it makes me that at the end of the day people realize that it is in everyone's best interest to look out for one another. Cory Fields pointed out in his write up that no matter what he thinks about bitcoin cash it is in his and the project he has an affinity for's best interest to responsibly disclose bugs to them because in the future it may turn out to be the case that someone on the other side will have information about a critical vulnerability that he would like to have responsibly disclosed as well. Fast forward to today and here we are. A critical vulnerability was found in bitcoin core and it was indeed responsibly disclosed to them and not kept hidden or sold or exploited.

I don't think I can even express how important this is for both bitcoin cash and bitcoin core. I really hope this continues into the future or we are going to be headed in the direction of an inevitable disaster.

Thank you so much to both cory fields and awemany for setting such a precident on both sides. I hope this continues to be the case into the future.

submitted by /u/_risho_
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Bitcoin – The Currency of the Internet

Marc van der Chijs on Twitter: Reading through some of the Bitmain IPO documents. My conclusion: they made a HUGE mistake selling BTC for BCH. If I would still hold any BCH I would sell them right away. I will stay far away from both Bitmain & BCH.

Marc van der Chijs on Twitter: Reading through some of the Bitmain IPO documents. My conclusion: they made a HUGE mistake selling BTC for BCH. If I would still hold any BCH I would sell them right away. I will stay far away from both Bitmain & BCH. submitted by /u/slacker-77
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Bitcoin – The Currency of the Internet

I’ve been working on a ~30min Bitcoin video for over a year now and I’m finally done. It’s my gift back to the Bitcoin community. My goal is to educate both Mom’s and Engineers about the key insights. I’m excited to finally share it this week! (Art of the Problem)

I've been working on a ~30min Bitcoin video for over a year now and I'm finally done. It's my gift back to the Bitcoin community. My goal is to educate both Mom's and Engineers about the key insights. I'm excited to finally share it this week! (Art of the Problem) submitted by /u/britcruise
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Bitcoin – The Currency of the Internet

Trying to see both sides of the scaling debate

Hi there,

I am going to post this to both /r/bitcoin and /r/btc, for fairness. You may or may not be aware that I have a little podcast where I interview people in the Crypto and Bitcoin space.

My little place in the community is as someone who is not the most technically proficient but trying desperately to understand scaling. I know that from my community, there are many like me.

One thing most of us can agree on, is that we want Cryptocurrencies to grow, and be successful, therefore we want more people to join, buy coins and spend them. We also encourage people to do their research and understand what they are investing in.

As a non-technical person coming into the space, it is very hard to try and find an impartial view on the Bitcoin scaling debate. There are two very passionate camps who appear to have very passionate views on how Bitcoin should be scaled but the tribalism is scary. I have been sucked into this myself at times.

From my experience of this, I have met various people from both camps. So far I have interviewed Jameson Lopp, Charlie Lee, Roger Ver and Craig Wright. Despite the opinions people have on who I choose to interview, I try to be fair and have both sides. Also, I am not perfect, interviewing is something I am learning and new to.

An awful lot of work goes into preparing each interview, trying to research as much as I can, so I can try and see the points of view and look for gaps for which I can question. Handling each interview is difficult to, especially trying to manage a discussion, get people to answer tough questions, accept that an interview might move into an unexpected area which I don't have the knowledge of, listen to and respond to the interviewee, while also keep to my own question structure. Trust me, it is much harder than you think, especially when you are up against experienced people, if you don't believe me, try it.

In the last week alone I have interviewed a journalist from South America, and thus have been researching the history of Venezuela and socliasm, I have interviewed Roger Ver and Samson Mow, so I have tried to understand the full history of the scaling debate and the current technologies being worked on. I have flown to Japan and back, into England to spend a day with my children and then out to New York. I am not looking for sympathy, I just want people to be aware of what goes into all this.

I am trying to become more impartial but I will make mistakes and I will make judgements. There are many smart and clever people who have the debate and get into quite good technical detail, there are also many people like me who want things to be a bit simpler and want an impartial view.

When a new investor goes onto Coinbase, they will see two Bitcoin's. If they want to research which to buy, they can be met with a wall of propaganda, hate and accusations. This is very difficult to navigate and I am yet to find a solid impartial breakdown of the two.

From both sides of the debate, I have received abuse, false accusations, insults, heavy criticism of everything from my technical knowledge to my ability.

There has also been intimidation and threats.

Everything which has happened has come from both sides of the debate and from people in both camps.

Yesterday when asking questions about Lightning Network I was told that Roger had got into my head and I was becoming a big blocker. Another person sent me a DM, relentlessly arguing with me, even though I explained I was busy preparing an interview, then told me I am a small blocker idiot. This doesn't help anyone.

My own view is that I can see positives and negatives from both sides and I am happy to explore this. There are really smart people working on both sides of the scaling argument, people I respect.

I will continue to do what I do, whatever people say to me. What I do hope is that people can try and slow down a little, try and talk rather than aggressively pursue their own narrative.

What the scaling debate appears to me is different philosophical, technical and economic views on what should happen and how it should be scaled. If you have a different opinion, that is what it is, a different opinion. All others arguments and accusations which come alongside this are just wrapping the opinion.

Neither BTC or BCH are going away. It is a live split test and nobody can say with 100% absolute certainty, how this will play out. Both exist today, both will likely exist in a year, both will likely exist in 3 years but as time goes on each will face new challenges.

My hope is that both camps now just focus on themselves, focus on their approach and work on their solution. My expectation though is that it won't, the endless infighting, accusations, counter-accusations, abuse and trolling will continue.

I will do what I do and I appreciate those who have not been abusive and have been thankful and supportive to what I am doing.

Good luck, happy to answer any non-abusive questions.

Peter PS I currently mine and own both BTC and BCH but am considering selling all of both to remain as neutral as possible.

submitted by /u/mccormack555
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Bitcoin – The Currency of the Internet