@SatoshiLite: Running your own node is like having your own watch. You use it to tell time without relying on others. (e.g. miners) If everyone has their own watch, actual time can only change if everyone agrees to change it. (e.g. DST) Time is only useful when everyone is on the same time.

@SatoshiLite: Running your own node is like having your own watch. You use it to tell time without relying on others. (e.g. miners) If everyone has their own watch, actual time can only change if everyone agrees to change it. (e.g. DST) Time is only useful when everyone is on the same time. submitted by /u/CBDoctor
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Bitcoin – The Currency of the Internet

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 1 (news.bitcoin.com)

The following opinion piece was written by Jonald Fyookball.
The bitcoin cash (BCH) community understands key principles: Bitcoin should be a peer to peer Electronic Cash system; most users can use SPV wallets instead of running their own node; “second layer” scaling solutions are often unnecessary and problematic. While important, and it places the BCH ahead of

Bitcoin

“What Roger doesn’t get. If he wanted to create a big-block alt-coin then, in general, no one from the bitcoin community would care. Or, we would care the same as we do about the hundreds of other alt-coins with different experimental features; not much. The issue is the fraud.”

"What Roger doesn't get. If he wanted to create a big-block alt-coin then, in general, no one from the bitcoin community would care. Or, we would care the same as we do about the hundreds of other alt-coins with different experimental features; not much. The issue is the fraud." submitted by /u/bitme123
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Bitcoin – The Currency of the Internet

Peter Theil on why the growth of cyptocurrencies is not the same as the dotcom bubble

Pretty interesting. He says that since institutions are still not involved its growth so far is very different than when we had the huge growth in the dotcom bubble. Seems to me he is saying its much more organic ie pushed by the people than by people trying to make money from you. What do you guys think?
https://m.youtube.com/watch?v=IY14NQEJXu0

submitted by /u/rv009
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Bitcoin – The Currency of the Internet

MtGox trustee confirms he did not sell BTC at same time as moving them, also didn’t affect price

There was an update over at mtgox.com today, the trustee announces he did not sell coins at the same time as moving them.

He also says he sold them in a way which would not affect market price.

There's been a lot of FUD about this over the last couple of weeks and its starting to look like it was all bullshit.

Here's the link : https://www.mtgox.com/img/pdf/20180317_qa.pdf

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