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1  Bitcoin / Bitcoin Discussion / What do think of my guide to instant cryptocurrency exchange services? on: June 14, 2019, 05:01:36 PM
I have written a guide to instant cryptocurrency exchange services like ShapeShift.
  • How can I make it better?
  • Are there services that I have missed that you think should be mentioned?
2  Bitcoin / Bitcoin Discussion / My thoughts on the boom-bust cycle and proof of work on: May 14, 2019, 11:24:27 AM
I have just published long post in the crypto directory Cryptostar that gives my thoughts about the future of Bitcoin.

What will bitcoin be worth in 12 years time?

TLDR: Boom-bust cycles getting shorter, move to hybrid PoW/PoS/, $150k
3  Bitcoin / Bitcoin Discussion / A first person account of using Bitcoin in Venezuela on: May 04, 2019, 08:39:57 AM
You might find this account of the problems facing people in Venezuela interesting. It shows the human cost of hyperinflation.


(I first posted this on my blog)
4  Bitcoin / Bitcoin Discussion / Britain keeps the penny but micropayments might promote crypto adoption on: May 03, 2019, 09:46:09 AM
This article argues that clever pricing strategies and the ability to cut transaction fees payments less than $1 may help speed the adoption of cryptocurrencies.

--- update 15:33 ---

Great points Beerwizard and Stompix  below.

When using crypto the buyer pays the transaction fee. Cash is cheaper for them unless they get a discount.
Merchants using Lightning Network might have to close their channel each night to keep their books in order.
5  Economy / Exchanges / Make Sure You have 2FA enabled on your exchange accounts on: May 02, 2019, 09:49:02 AM
Microsoft Support was hacked and hackers got access to @outlook, @msn, @hotmail mailboxes. They use this access to do password resets on users exchange accounts and steal their money. You can read more about it here.
6  Bitcoin / Bitcoin Discussion / Will Bitcoin overturn the financial establishment or be embraced by it? on: April 30, 2019, 10:14:24 AM
This article argues that the recent move by Bakkt and BNY Mellon to create institutional quality custody solutions indicates the future of bitcoin is to be just another asset class.
7  Bitcoin / Bitcoin Discussion / Will the Scottish people choose Bitcoin rather than a "Scottish Pound"? on: April 30, 2019, 08:04:27 AM
The SNP voted to drop the British Pound after independence (they will have to win a referendum first). Will the Scottish people accept this or will they use Bitcoin?

-- Update 1 May 2019 --
Thanks for lots of feedback. Lots of good points about currency independence and volitility. I have addressed them here.

TLDR: Small nations will often sacrifice currency independence. Bitcoin volatility will go down.
8  Bitcoin / Bitcoin Discussion / Bitcoin stops bank runs - own your keys! on: April 27, 2019, 11:22:17 AM
In 2008 there was a banking scandal and there was a run on the banks because knew that they could not access their money. Yesterday Bitfinex has a scandal and everyone with their own keys just smiles.
9  Bitcoin / Bitcoin Discussion / Is Lightning going to ensure Bitcoin dominance? on: April 26, 2019, 01:31:43 PM

Suggests that if users can pay with Bitcoin using Lighting enabled wallets than Dash and Litecoin are pointless. Is this right?
10  Alternate cryptocurrencies / Altcoin Discussion / A new crypto directory - your advice needed on: April 19, 2019, 12:59:43 PM
Hi, I am James Bayley and I have spent the last six months building a crypto directory with user reviews. It now has over 7000 listings. I launched it a couple of weeks ago and I would really value your opinion.

Do you find it useful? How can I make it better for you?

-- Update 22 April 2019 --
I have summarised comments and replied below.
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