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Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to btc [link] [comments]

Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to Bitcoincash [link] [comments]

Top 10 Bitcoin Facts That Will Shock You! CIA, Satoshi, Hacks & More!! AI BTC Price Prediction. Shocking Results! 100k? $2.6k? (Artificial Intelligence) Free Tool!! BITCOIN STILL FALLING!! Severely Undervalued... - Programmer explains #235 Bitcoin vs. Bitcoin Cash, Rick Falkvinge CEO Bitcoin Cash & Gavin Andresen für Bitcoin Cash Bitcoin Price Prediction by Cryptocurrency experts (2018) Meet the Real First Bitcoiners Bitcoin Slump, XRP Make Or Break, TESLA Rises, Brazil CBDC ...

Gavin Andresen schlug eine Erhöhung auf 20MB vor, viele Bitcoin Anhänger jedoch favorisieren 8MB als optimale Blockgröße. Trotz dessen spekuliert die Bitcoin Community, ob und welche Hintergründe es gab, gerade diese Plattformen (Wikileaks, Voat) für einen Stresstest auszuwählen. For instance, before Debo’s letter was filed in court on July 4, 2019, he tweeted that his PGP key was trust signed by Hal Finney, Gavin Andresen, Peter Todd, and Wladimir van der Laan ... Satoshi’s final verified email was to Gavin Andresen on April 26, 2011, meaning that his ministry also lasted for around three years. The fact that Satoshi’s teachings have been subject to extensive interpretation and misinterpretation in the years since, while his disciples await the second coming of Bitcoin’s creator, has further solidified the parallels with Christ. In the earliest days of Bitcoin, once the genesis block had been mined on Jan 3, 2009, Nakamoto sent messages back and forth with people such as Hal Finney, Mike Hearn, and Gavin Andresen ... Former Bitcoin Core Lead Maintainer Gavin Andresen and former Bitcoin Foundation Executive Director backed Wright during his“big reveal, but Wright was never able to provide any sort of concrete ... WikiLeaks has kicked the hornet’s nest, and the swarm is headed in direction of us.” Ever since Nakamoto disappeared, developer Gavin Andresen has taken up the position of the lead developer on the Bitcoin Foundation. Pizza Day . On Could 22, 2010, a Bitcoin fanatic by the identify of Laszlo Hanyecz purchased two giant Papa John’s Pizzas for 10,000 BTC. The transaction passed off on the ...

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Top 10 Bitcoin Facts That Will Shock You! CIA, Satoshi, Hacks & More!!

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