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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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In a bored moment, I decided to read the content of www.bitcoin.com
The following paragraph made me giggle. As if a professional brings this up to "explain"
Why Do Some People Call Bitcoin Cash “bcash”? There are some institutions and individuals who see BCH as a threat to their business and/or investment in other cryptocurrencies. These people oppose the existence of Bitcoin Cash and wish to undermine it as a viable alternative to Bitcoin. Instead of attempting a technical or economic critique of the low-fee, instant transacting of Bitcoin Cash these people refer to Bitcoin Cash as “bcash” on social media in hopes that this nickname will lead to confusion and diminish adoption. If your wallet or exchange uses the term “bcash” they are likely referring to Bitcoin Cash; but, it should be noted that “bcash” is not the proper name, nor a commonly used abbreviation of Bitcoin Cash, and is a hostile attempt to confuse users. It would be best to proceed with caution when dealing with anyone who would use the term “bcash” instead of the currency’s actual name, Bitcoin Cash. Everybody knows the reason for calling it 'bcash'. It's because every time that is mentioned, the Roger Ver video comes to mind and makes people giggle Roge reminds me of the character Chuck McGill from Better Call Saul.. crazy, but has no clue that he is
‘Bitcoin’ is Bitcoin Cash : https://www.bitcoin.com/info/what-is-bitcoin
‘Bitcoin’ is Bitcoin Cash
Bitcoin Cash represents the original idea and vision of a peer-to-peer electronic cash system. Bitcoin Core no longer represents such a system. Therefore, it is the position of Bitcoin.com and many longtime members of the community that ‘Bitcoin’ is Bitcoin Cash. Make no mistake, BCH is not BTC but Bitcoin Cash is the solution for borderless, instant, and cheap payments while it remains unclear what BTC’s value proposition currently is in the face of high fees and slow transaction times. The beauty of Bitcoin is that it requires no central servers or third-party clearing houses to settle transactions – all payments are peer-to-peer (P2P) and are settled in about 10 minutes – unlike credit card payments, which can take weeks or months before they’re finally settled. All Bitcoin transactions are recorded permanently on a distributed ledger called the “blockchain” – this ledger is shared between all full Bitcoin “miners” and “nodes” around the world, and is publicly-viewable. These miners and nodes verify transactions and keep the network secure. For the electricity they use to do this, miners are rewarded with new bitcoins with each 10-minute block (the reward is currently 12.5 BTC per block).
more about bitcoin from google: https://www.bitcoin.com/info/what-is-bitcoin
What is Bitcoin Cash (BCH)?
Bitcoin Cash (BCH) is a peer-to-peer electronic cash system. It is a consensus network that enables a new type of payment method and a completely digital form of money. It is a decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.
What is Bitcoin Core (BTC)?
The creation of Bitcoin Cash required a ‘fork’ or split of the network that resulted in two versions of the Bitcoin network: Bitcoin Cash (BCH) and Bitcoin Core (BTC). Bitcoin Cash preserves the instant, exceedingly cheap qualities of Bitcoin transactions and is the version of Bitcoin described in the Satoshi Whitepaper. Bitcoin Core, meanwhile, is the slow, expensive version that no longer functions as money. The future of Bitcoin Core is unclear as its development team is not interested in scaling the network on the Bitcoin blockchain but has opted for third-party, centralized solutions such as ‘The Lightning Network’ which, despite several years of development and countless promises, has failed to solve the scaling problems faced by Bitcoin Core.
The Bitcoin protocol is also hard-limited to 21 million bitcoins, meaning that no more than that can ever be created. This means that no central bank, individual or government can come along and simply ‘print’ more bitcoins when it suits them. In this sense Bitcoin is a deflationary currency, and as such is likely to grow in value based on this property alone. Bitcoin is still a cutting-edge experiment in technology and economics, and like the worldwide web in 1995, its myriad potential, purposes and applications are yet to be decided. Is it just electronic money? A foundation for smart contracts and electronic shares? Is it underground and subversive, challenging the power of governments, or will it integrate into mainstream finance and go unnoticed? If you know the answers to any of these questions, or if you can figure out how to capitalize on them there may be many lucrative opportunities for you in the Bitcoin space. The Bitcoin universe is changing fast and often – to stay ahead of the game it’s necessary to follow the news and discuss the latest events with other members of the community. Bitcoin.com aims to be a reliable information hub for beginners and industry insiders alike. That being said, ‘staying ahead of the game’ is not a necessity if you simply wish to use Bitcoin as a currency to purchase goods and services, or wish to accept Bitcoin for transactions – something thousands of people around the world do every single day.
they have these websites as well. this is for bitcoin: https://www.bitcoin.com/
Who invented Bitcoin?
Bitcoin’s inventor, Satoshi Nakamoto, outlined what Bitcoin is in the original 2009 Bitcoin whitepaper – a document which created the roadmap and social contract for Bitcoin. To date, this is still the most simple and accurate description of what Bitcoin is. Bitcoin which is also known as ‘digital cash’, the first ‘cryptocurrency’, an international payment network, and ‘the internet of money’ – whatever you want to call it – Bitcoin is a revolution that is changing the way people think about and use money. On August 1, 2017, Bitcoin split when there was a permanent fork divergence in the blockchain, thereby creating two blockchains: Bitcoin Core (BTC) and Bitcoin Cash (BCH). Bitcoin Cash is the upgraded newer version of Bitcoin which preserves the fast, decentralized, inexpensive qualities of Bitcoin network transactions.
Hey /btc! We are looking for suggestions for additional features for bitcoin.xyz. We have tons planned in the coming weeks and months for this site and hope to get your input, suggestions, and help in seeing this grow. Our goal is to create a site where anyone can get information, news, bitcoin and blockchain services from one location. We are building this site as somewhere where we (as avid bitcoiners) can go every day to get our latest fix! Right now, we go to countless news sites, market data sites, exchanges, and many other places to access bitcoin services. Our goal with Bitcoin.XYZ is to change that! As it stands now, it is a pretty basic site with news aggregation, a ShapeShift option (change between cryptocurrencies) and a few other services, but we are actively developing tons more features. We are currently looking for content writers, developers, marketers, investors and more to help us grow this into the go-to site for the bitcoin blockchain space. Let us know if you would like to see any specific features as we are very open to listening to the community and building a site that will truly be used everyday by all bitcoin lovers alike. You can reach us at bitcoin dot xyz @ gmail com for more information. Thanks for your support /btc. FYI this post seems to be getting censored on bitcoin.
[uncensored-r/Bitcoin] Why is https://www.bitcoin.com listed as 2nd website on coinmarketcap ?
The following post by sagar6191 is being replicated because the post has been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7nsjbf The original post's content was as follows:
https://www.bitcoin.com is owned by Roger ver who publicly acknowledges Bcash as bitcoin and is posting ad quoting "Bitcoin cash is the new bitcoin" on Bitcoin This is pathetic coinmarketcap should be bombarded with lot of emails and it bitcoin.com should not be listed as bitcoin's 2nd website.
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