“Until your altcoin successfully defeats a coordinated attack like NYA/S2X, with 90% of the hashrate and major businesses trying to force a hard fork, its immutability is untested and its monetary policy is suspect.” -Pierre Rochard

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Bitcoin – The Currency of the Internet

Half of Large British Businesses Hold Stockpiles of Cryptocurrency (news.bitcoin.com)

A new poll of IT mangers at large UK businesses found that exactly half keep stockpiles of cryptocurrency for various reasons. Unlike what some might imagine, only a very small fraction of the companies that are holding bitcoin claim to be doing so as preparation for a ransomware attack.

Also Read: Coinbase Develops

Bitcoin

Crackdown on Bitcoin Hits Businesses in Bali (news.bitcoin.com)

Having issued a stark warning to “all parties” against any use of “virtual currency”, Bank Indonesia has now joined forces with local police to prevent bitcoin transactions where they are most likely to take place – in Bali. The island, a popular holiday destination with tourists spending both fiat and crypto, has been targeted by authorities. Inspections of businesses accepting bitcoin are underway, according to Indonesian media and the crypto community in the country.

Bitcoin

Pierre Rochard: “Until your altcoin successfully defeats a coordinated attack like NYA/S2X, with 90% of the hashrate and major businesses trying to force a hard fork, its immutability is untested and its monetary policy is suspect. Bitcoin has earned its keep, its immutability is beyond question”

Pierre Rochard: "Until your altcoin successfully defeats a coordinated attack like NYA/S2X, with 90% of the hashrate and major businesses trying to force a hard fork, its immutability is untested and its monetary policy is suspect. Bitcoin has earned its keep, its immutability is beyond question" submitted by /u/Bastiat
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Bitcoin – The Currency of the Internet