Microsoft: “Some blockchain communities increased on-chain tx capacity (blocksize increases), this approach generally degrades the decentralized state & cannot reach the millions… we’re collaborating on decentralized Layer 2 protocols that run atop ‘BTC’ blockchain to achieve global scale”

Microsoft: "Some blockchain communities increased on-chain tx capacity (blocksize increases), this approach generally degrades the decentralized state & cannot reach the millions... we're collaborating on decentralized Layer 2 protocols that run atop 'BTC' blockchain to achieve global scale" submitted by /u/antonesamy
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Bitcoin – The Currency of the Internet

Microsoft Resumes Bitcoin Payments After Halt Over 'Instability'

The news comes amid a period of extreme price shifts for bitcoin. Just a month ago, the cryptocurrency had soared to new record heights around $ 20,000. Since then, prices have fluctuated amid a general move downwards. At press time, bitcoin was trading at $ 13,770, according to CoinDesk's Bitcoin …
Google Alert – bitcoin

Microsoft Drops Bitcoin Payment Methods Thanks to Crypto Volatility

Following Valve's footsteps, it was reported on Monday that Microsoft has stopped accepting bitcoin payments. While the tech company has not released an official statement regarding this potential change, a Bleeping Computer article claimed that it has halted Bitcoin payments because to the volatility …
Google Alert – bitcoin

Microsoft STILL accepts Bitcoin payments – Shills are FUDding this sub

I noticed the current top post which mentioned Microsoft not accepting Bitcoin payments any longer: https://www.bleepingcomputer.com/news/cryptocurrency/microsoft-halts-bitcoin-transactions-because-its-an-unstable-currency-/

However, when actually reading the article, it states: "Microsoft does not allow users to buy products with Bitcoin directly but asks users to add a predetermined amount of dollars to their account balance, for which they can pay with Bitcoin."

In other words: Microsoft STILL accepts Bitcoin payments, you'll only have to add them to your account balance before making a purchase. This is a smart tactic by Microsoft to mitigate the risk of transactions not confirming and allows you to deposit when tx fees are low.

This brings me to the other part: Shills are in full force and shilling this sub. Let's take for example the top post I just mentioned:

  • The account which submitted the post was dormant for over 8 months.
  • The upvote count seems unnaturally high (1500 upvotes within 3 hours?).
  • 'LN is vaporware' arguments were made by various shills in the comments without any technical proof. PS: LN is VERY MUCH NOT vaporware.
  • Altcoiners shilling their coins as the 'superior' cryptocurrency in the comments.

During these volatile times we must be on the lookout for propaganda from malicious groups looking to make a quick buck. r/Bitcoin is the most popular crypto-subreddit and this is why lots of shills are spreading misinformation. If any of you see a shill making fake arguments, please take the minute or two to respond and rectify whatever fake arguments are being made.

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