What a week for Bitcoin, I talk about the new Bitcoin all-time-highs of $3500, the adoption of segregated witness which catalysed the move and allows Bitcoin to scale, and also my approach and thoughts on the Bcash (BCH) (BCC) market.
Commentary taken from World Crypto Network talk on the 6/08/2017 original video here:
“With that said, I just want to point out that NO ONE is a fucking expert. Some people know more about the technology and history, while others have been in the game since the early days through dumb luck. Everyone has a voice. Everyone has an opinion. I respect everyone’s perspective, but like I said, NO ONE can accurately predict the future”
“In this final episode of the Keiser Report from Freedom Fest in Las Vegas, Max and Stacy encounter Peter Schiff in the halls of the convention center and challenge him on bitcoin. Max continues his interview with bitcoin entrepreneur Charlie Shrem to discuss the latest drama and innovation in the cryptocurrency space”
“What was my aim for this talk? I wanted to take on the challenge of explaining Bitcoin to a totally non-technical audience. I wanted to find a way to explain Bitcoin, in one go, to people, some who’d never heard of it before, without focusing too much on any single aspect or getting too controversial”
Via @BTCbenny on the ‘BTC Sessions’ youtube channel
If your holding Bitcoin long term, Hardware Wallets such as Trezor and Ledger are a mustto protect your Bitcoin from hacks and eliminate counterparty risk that is present when holding Bitcoin on centralised exchanges.
“There seems to be a considerable amount of confusion among Bitcoin users regarding the nature of the process underlying changes to the Bitcoin protocol. In an earlier post I described the process for making code changes to the Bitcoin Core software repository. In this post I’ll go over the far more intricate process underlying changes to the consensus rules that ensure everyone ends up on the same blockchain and sees the same ledger and transaction history”