#28: Cryptocurrency vs Collectibles feat. Luke

Tuesday, 14th September 2021

Following Bitcoin Cash on its rise to global reserve currency.

Bitcoin Cash (BCH) Stats Update

• USD $639.11 and 1 BTC buys ~72.8 BCH https://coingecko.com/

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BCH sneaking up to 100k Tx / day

https://cash.coin.dance/blocks/transactions

BCHG Shorts down 1/3rd?!

https://fintel.io/ss/us/bchg

Opened at: 7-30 was $553, 8-13 was $654, current $630, next update 2 days….

Vlad Ivanov & Ryan Giffin talk BCH

https://www.youtube.com/watch?v=RRjWPoy9FrA

• Two awesome BCH content creators
• Ryan has been on the show in episode 15
• The BCH scene is decoupling entirely from the BTC scene. It has more and more of its own content creators, own discussion, own collaborations and own narrative
• Keeping an eye on BTC, but increasingly just doing it better (e.g. Noise.cash vs Strike on Twitter)

Doug Polk & Bryan Micon talk BCH

https://www.youtube.com/watch?v=_z-LjJxx7v8

• Doug Polk, famous poker pro
• Bryan Micon, 2011 Bitcoiner
• Doug recognizes the hardcore, passionate community, but doubts our conflict with the branding
• Bryan explains how adoption is happening on the ground in Antigua

Marc Falzon in El Salvador

https://www.youtube.com/watch?v=qbuSJLIDsOk

• On the ground reporting of El Salvador’s roll out of the BTC Lightning network with their “Chivo” app
• Contradictory reports of whether or not accepting BTC was required by vendors or what was enforcement
• The Chivo wallet confirmed custodial, $5 minimum
• Thousands at anti-Bitcoin protests
• BTC maxis “celebrating” their massive accomplishment

Coinbase vs SEC over unspecified securities

https://twitter.com/brian_armstrong/status/1435439291715358721

• Coinbase wanted to drop their new lending product
• They gave the SEC a heads up, as the SEC recommends
• SEC said “we will sue you if you release this security”
• Coinbase said “How is this a security? Loads of our competitors have similar products and they’re fine“
• SEC said “It’s just illegal“ and gave no reasons

BTC goes off the chain >> $317B

https://bitinfocharts.com/comparison/sentinusd-btc-bch.html#1y

FTX throwing around 2B in BTC

https://twitter.com/StateCommon/status/1437486100809875460

LR gets sponsored by FTX

https://www.reddit.com/r/lrcast/comments/pm6dri/complaint_luis_and_marshall_advertise/hcgctus/?context=10000

https://twitter.com/FTX_Official/status/1436474343966625794

• Limited Resources is a very popular podcast for Magic: The Gathering, hosted by Marshall Sutcliffe and Luis Scott Vargas
• FTX, a crypto exchange, is now their sponsor
• Has sponsored Tom Brady and Steph Curry
• Smart strategy to target content creators
• Reaction from the community was massively negative
• Why can’t Magic players get it?
• Why do people hate crypto?

Community comment - FPV Tadd The RAD

https://www.youtube.com/watch?v=BVTT2ztcuWY

Meme of the week - Me!

https://twitter.com/TheBCHPodcast/status/1434620351120617474

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

bitcoincash:qrh3xmdzgge8r9amysn3cxng28xlsuwyt5qz6y0h7w

Slides & resources available at www.bitcoincashpodcast.com

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Shoutouts for the show