Isn’t this US investigation into manipulation very positive for Bitcoin?

If you think about it, most who are currently manipulating will cease doing so for the time being while this investigation is ongoing. While they obviously can't detect everything, you'd think this would scare off at least a solid amount of the bad apples. While many don't want it, this needs to happen and is a step in the right direction. If Bitcoin is going to be taken seriously and reach the levels you're all HODL'ing for, then let's be real and embrace the changes that will actually get us there.

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

Erik Voorhees: “Roger – please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn’t. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.”

Erik Voorhees: “Roger - please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn't. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.” submitted by /u/eragmus
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Bitcoin – The Currency of the Internet

Nominee to New York Federal Reserve Claims That Crypto Isn’t Currency (news.bitcoin.com)

The current president and chief executive officer of the San Francisco Federal Reserve Bank, and the man expected to soon be the New York Federal Reserve Bank, John Williams, has rejected the suggestion that cryptocurrencies comprise currency.
Also Read: Trading Sanctions Imposed on Tezos Co-Founder Amid FINRA

Bitcoin

Serious question, and I don’t mean to get anyone upset, but isn’t this starting to look exactly like the last bitcoin crash where the fallout lasted several years before reaching a new ATH?

Pls don't yell at me

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

Dear @bitpay. This week I started setting up my own @BtcpayServer. When I discovered how easy it is, I contacted five vendors and clients I know who currently use your services. They’re going to pay me to help them leave you. I’m sure my story isn’t unique. You are ending now.

Dear @bitpay. This week I started setting up my own @BtcpayServer. When I discovered how easy it is, I contacted five vendors and clients I know who currently use your services. They're going to pay me to help them leave you. I'm sure my story isn't unique. You are ending now. submitted by /u/TheGreatMuffin
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Bitcoin – The Currency of the Internet

What is the best response to the argument that Bitcoin isn’t truly scarce?

I’ve heard Peter Schiff argue that Bitcoin isn’t truly scarce because an infinite number of competing cryptocurrencies can be invented. But by that logic, gold isn’t truly scarce either because I can take a random piece of wood, spray paint it gold, and offer this “woodgold” as a competing commodity.

A goldbug might reply that this analogy is ridiculous because gold has properties (scarcity, historical value) that woodgold doesn’t. But that’s exactly the point. Bitcoin has properties that a random altcoin doesn’t; i.e., network security (people seriously underestimate how valuable it is that Bitcoin has survived nearly a decade of sophisticated and persistent attacks), the development community, first mover status, number of adopters, etc. Sure, anyone can create an infinite number of random altcoins, but good luck trying to get people to adopt it and to take the time to protect the integrity of the network.

What is your best response to the “bitcoin isn’t truly scarce” argument?

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