https://bitcoinist.com/bitpay-add-support-bitcoin-cash-cryptocurrencies/
BitPay is one of the most popular Bitcoin payment processing companies in the world. Today, they announced support for more cryptocurrencies, starting with implementing Bitcoin Cash to their payment platform and debit cards. BitPay plans on fully activating the change before the end of the year.

Hi guys, I am joining the post a bit later than intended, but I was wondering if you had any view on the BW-L21 vs. the L3+?

Having read a lot of reviews from (individual) customers, it seems that Bitmain doesn't really spend time with orders for individuals, and only provides proper support for large orders. Is that conclusion correct?

I have come across largely positive reviews for the BW L21s though, so until I saw this thread, I was considering buying from them, because I can justify higher cost if their service and shipping is reliable. Any thoughts would be much appreciated! I am considering spending my savings on this (2k USD is not insignificant).

Thanks!

Bitbobb,
You were referring "bancor" as the academic predecessor of Special Drawing Rights.
John Maynard Keynes and Ernst Friedrich Schumacher proposed the concept of supranational currency - bancor, that would replace gold in international trade. It was intended as an unit of account to value and clear trade flows, through the multilateral clearing system - International Clearing Union. Each nation would have a limit of bancor, corresponding to its share in global trade. The scope of bancor was to achieve balanced trade among countries and enforce multilateral economic relations - going from bilateral relations to economic regionalism. At that age, bilateral relations were represented among colonies and the metropole (United Kingdom or France) and the ICU implementation would have brought globalization faster.
Gold could have been exchanged for bancor, but not vice-versa. Bancor was never meant as value of store, like physical gold.
Export increases the bancor balance, import - decreases and the mechanism incentivizes a zero balance: the surplus would have been partially held/retained to the ICU Reserve Fund and the deficit would have led to devaluation of the national currency, to become export-competitive and bring the balance back to zero. Rather than being fined, a country would boost its export or import.
It supposed fixed exchange rate between bancor and each national currency. The rate would have been revised when the country crossed the limit of bancor - surplus countries should appreciate the currency, deficit countries - depreciate the currency.
Similar to actual IMF, indebted countries would be under severe financial discipline. Unlike the actual IMF, wealthy, surplus nations would also be under scrutiny and required to implement tight monetary policies.

Multilateral Clearing (Economica Journal, 1943): http://www.centerforneweconomics.org/documents/copy-e-f-schumacher-multilateral-clearing-economica-new-series-vol-10-no-38-may-1943-pp-15
Wikipedia: https://en.wikipedia.org/wiki/Bancor, https://en.wikipedia.org/wiki/International_Clearing_Union

My opinion:
IMF has a broader scope than ICU would have had.
From my POV, IMF focuses more on financial stability rather than trade balance and emphasizes the role of international capital flows. IMF decisions are political decisions, because the SDR is an instrument of higher flexibility than bancor would have been and the strong bends rules to favor him. I tend to see bancor as a self-adjusting mechanism (even a smart-contract), where the decisions are made upon economic performance, not political influence.
It is unclear how would have changed the total amount of banco in response to global GDP increasing. Each country needs higher limit to meet increased export/import volume - either new bancors are issued according the global trade % increase, or each national currency buys less bancor, i.e. bancor become more valuable.
Another sweetspot of bancor for libertarians would be the detachment from any government money. Bancor would not depend on one or 5 currencies.

On one hand, ICU and bancor would have smoothened the income inequality among nations. On the other hand, it would have limited credit issuance and I strongly consider credit a good for the humanity. Debt has a lot of negative consequences when mishandled, but it also drives progress - allowing for expansion and setting higher goals to attain.

yeah... Bitbobb answered me in PM. Evidently, I made a false claim about the origin of the SDR. Accordingly, my answer was deemed unworthy. I wasn't clear that the origin of the SDR was a necessary part of the answer, but I'm fine with the outcome. Bitbobb's challenge, Bitbobb's rules.

Thanks tho.

(hey look - I'm a TLD!)

XD

Bitbobb,
So far 2 people have answered you about SDRs:
http://jbreher
http://me
I am waiting for my BCH to buy a coffee and some muffins.
Wish Roger Ver's shop sold RAM for desktops, I'd spend the prize there  

again..the only way to really test this is take an L3+ on each and compare....but too lazy.....

may have to re-think this as well...still on PH

so if it is oranges and oranges between litecoinpool and prohashing I will likely stay with prohashing...my bet since sept 2017 was ALL

my miners x11 / scrypt-pow all paid out 100% in LTC....damn..I nailed that

what freaks me out about LTC proportionally and historically LTC price to BTC price it could go over 1,000 usd per LTC and still not

break that framework arrangement at 17k btc!

befuddled as usual on what the hell is going on (normal operating procedure last 4 years...you'd think I'd get used to this and adapt!.

Hmpff - looks I'm a lame goose - not gotten any decoration yet...

Would there be a way to recreate it if you have the wallet name, pass phrase, and address?

The best thing about the L21s is that they run very cool.  There's no adjustment for the fans though.  One speed only and that's about 7,000 RPM.

You can try jatchili's minimalist Ripple client or the old Ripple desktop wallet (if you can find a copy of it somewhere).

Hi I am having the same problem, the key that came with my address provided through Rippex desktop wallet appears to include only valid characters listed above but it continues to tell me that the key is invalid and I can't open it elsewhere or create a new wallet within the desktop app. Receiving the same response on the minimalist client, this is the key I was provided with when prompted to check, I wrote it down twice independently of one another to make sure. Was there any further thoughts here?

Roger Ver is the main person who is pumping this coin and creating a lot of confusion just using the domain bitcoin.com

Great, isn't it? Hyperbit's view that Bitmain's service is awful seems to be a difficult argument to support, especially when they cannot provide even location information for shipments.

If you guys think Satoshi was an amateur, why didn't you create the first cryptocurrency?

You have to wait a bit for Bitmain, but you're right, the L21s are WAY overpriced for what you get IMHO.  Hyperbit lost our shipment (along with others) and was a month late. So, ordering the high priced L21, really wasn't worth it compared to Bitmain.  At Bitmain recently, we've had orders verified in 15 minutes, shipped before schedule and next day customer service.  At Hyperbit, we were refused compensation (although promised) and/or shipping refund for the month late order unless we ordered again! Lol.

I already answered you back when you asked that question a couple weeks ago. It was within a couple posts of your asking. You never even acknowledged that I posted.  You want me to dig it up for you?