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Following Bitcoin Cash on its rise to global reserve currency.

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#124:

Properties of Bitcoin

& BTC in El Salvador

feat. NoPara

​

Saturday, 17th August 2024

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NoPara

BTC C# developer, Rejuvenator

https://twitter.com/nopara73

https://www.youtube.com/@nopara73/podcasts

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Downwards Volatility

USD $346.03 = 100 megasats (way down). 1 BTC sat = 171.4 BCH sats (way down). 1 ETH = 752 megasats (flat).

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Bitcoin Properties

  • NoPara’s theory of money
  • Matches closely to Podcast theory explained in Episode 85
  • What makes the best kind of money?
    • How do BCH & BTC compare on these metrics?
    • Have things changed significantly with the advent of DeFi? Is that a monetary property?

https://x.com/nopara73/status/1810603153798176842

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BTC in El Salvador

  • What is adoption like on-the-ground in El Salvador?
    • What wallets & tech has been most successful? Chivo? Bitcoin Beach? Is it non/custodial?
    • Do you have a positive or negative outlook for the future rollout?
  • Talk about BTC migration & tourism, seems cool tbh
  • What lessons have been learnt?

~

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John Carvalho Capitulates

sd

sd

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John Carvalho Capitulates

  • Reality has trampled over The King of Cope yet again
    • Peter Todd has got full RBF default into Bitcoin Core
    • Realizes 0 conf has been permanently sabotaged
  • I posted the same thing I always do - you’re welcome to join BCH but gonna have to publicly repent first
  • Still drawing arbitrary distinctions about morality of hard forks & how he mistreated Roger
    • One layer of cope at a time, don’t hold your breath

https://twitter.com/peterktodd/status/1820562457015779355

https://twitter.com/BitcoinErrorLog/status/1821105327900627025

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Community Comment Of The Week

Telling on Yourself

https://twitter.com/bamskki/status/1820517326271418853

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Rearden / Shinobi

  • Congrats to these guys on working through some false beliefs, genuinely
  • Reality making acknowledging smart BCHers unavoidable
  • Rearden:
    • “Gap in game theory”: rationalisation
    • “Socio economic status”: False, but true BCHers understand accessibility
  • Shinobi:
    • “Screaming about past”: True that regressive victims are unattractive, but elides the legitimate grievance
    • Following the narrative, dunking on bcashers no longer viable

https://twitter.com/TheBCHPodcast/status/1823860243866247669

https://twitter.com/kzKallisti/status/1824521374175531478

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BTC Ecosystem Shutting Down?

  • Mutiny wallet is shutting down:
  • “We've done a lot of reflecting, and we know what we currently have is not living up to the promise. We know it won't be capable of doing that at scale, and we know we're unable to continue supporting it as is.”
  • Swan shrinking, cancelled Pacific Bitcoin & is following on from layoffs
  • BTC Conf Nashville attedance shrinking YoY, less exciting YoY (according to me)
  • Is this just a blip / reallocation of resources, or have things started to fall apart seriously?
  • Or is this just the precursor to a big 2025 bull run?

https://blog.mutinywallet.com/mutiny-wallet-is-shutting-down/

https://twitter.com/coryklippsten/status/1820535724761895373

​

\s

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Question Time

  • Thoughts on where the BCH community is at?
  • Any questions about BCH or anything related?

~

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Meme Of The Week

Strength in simplicity

https://twitter.com/SallyMayweather/status/1819169601361776662

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Other News

  • 94% of BTC/BCH supply now in circulation. Seems pretty good as fiat hyperinflation continues.
  • Western Digital announces a 128 TB consumer SSD hard drive
  • BCH Gurus have launched their BCH Play, the 2nd snapshot and full FURU distribution is complete

~

https://twitter.com/TheBCHPodcast/status/1818789456393945239

https://www.tomshardware.com/pc-components/storage/wd-announces-enterprise-128tb-ssd-8tb-sd-cards-and-a-16tb-external-ssd-at-fms-2024

https://x.com/wd7f2/status/1819021934409195637

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UK Riots

  • This is a multifaceted issue & the entire thing is outside the scope of The BCH Podcast
  • But, pressure is mounting in the UK
    • Contributing factors include: Inflation/rising cost of living, government censorship
    • Arrests now being made for sharing memes or “misinformation”
    • This is a story all Bitcoiners are very familiar with
    • World is getting more volatile as the hyperinflation sets in

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Message To The Community

Open platform to speak to the Bitcoin Cash community, with any thoughts, advice, feedback, criticism, encouragement, story or point of view you feel should be more prominent or appreciated.

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Supporter Appreciation

​

Donators!

Patrons

  • Ricky
  • HP

​

Sponsors!

  • General Protocols
    • Check out bchbull.com

Flipstarter (Eps 116 - 125)

  • majamalu (Marcelo) 2024.bcharg.com
  • molecular
  • ErdoganTalk
  • toorik
  • Emergent Reasons
  • Big V & The Bitcoin Cash Tokyo Gang
  • Peter McCormack
  • Brian Canacci
  • @_minisatoshi
  • yeahhhbeer

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That's called obsession

It's something that you live

The only single thing that matters

After your wife and your kids

​

Cos if you can't learn to float

Then you sink or you swim

Start guide, FAQs, links at www.bitcoincashpodcast.com

If new: Listen to Episode 85!

Try Selene Wallet!! https://selene.cash

Shoutouts for the show

bitcoincash:qpsest28ghjz8030dqfe4ustqg2a5n0gh5afmnp960

Thanks for watching!

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