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Bitcash

Stablecoins are way more dangerous than people think

TL:DR stablecoins have single point of failure that actual currency like USD doesn’t have. Demand for USD is very high, infact about 70% of world commerce relies upon it but stablecoins are not the answer because you are not getting paid for the risk of all stablecoins collapsing at the same time. This is a […]

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Bitcash Bitcoin

Is State Backed Stable Cryptocurreny The Future?

Stablecoins like Tether have proven themselves useful in the growing crypto ecosystem. It was not that many years ago that their “stability” was questioned as they have points of failure, the most obvious one being having their funds frozen instantly rendering the value down to 0. Yet they have not only survived but they have […]

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Bitcash

BitCash in developing countries

Some people’s first encounter with a foreign currency is when they go on holiday and some of the most affordable places have some quirky currencies. Take Thailand for example, their cash is so large that it barely fits in a wallet (probably more king portrait real estate) and their largest note is $32.77 while their […]

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Bitcash Bitcoin Bitcoin Cash

Bitcash split: What you need to know

Now that the bitcash hard for is complete lets take a look at how things are going. $BCHABC Bitcash ABC $291.43 USD (18.48%) lead by Roger Ver of bitcoin.com and backed by bitmain. $BCHSV Bitcash SV $93.39 USD (-47.27%) lead by fake satoshi Craig Wright attempting what is basically a hostile takeover of bitcash Either way you can bet whichever way […]

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Bitcash Bitcoin Cash

Korean’s pumping Bitcash

China recently went through a crack down making it virtually illegal to exchange bitcoins or cryptocurrencies. Many people speculated that the Chinese who struck it big in bitcoin would flee to Japan but if you look on a map you quickly see that South Korea (not North Korea which literally borders China) is much closer […]

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Bitcash Bitcoin Bitcoin Cash

5 Problems with Bitcoin Cash

What is better than one group of people working on a project? Two groups of people working on a project assuming of course they are cooperating and not just attacking each other. Bitcoin Cash is just like this, a team of people took an existing open source project, said fork it, and went their own […]

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Bitcash Bitcoin Bitcoin Cash

What is Bitcoin Cash?

Bitcoin Cash is the solution to one of bitcoins biggest issues, transaction scaling or how to handle the increasing demand for transaction processing on bitcoin. Bitcoin introduced SegWit or segregated witness which is the process by which the block size limit on a blockchain is increased by removing signature data from Bitcoin transactions but not […]