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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.

* https://www.coindesk.com/bitcoin-cant-fix-venezuela-i-should-know

(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.

https://cryptostar.money/blog/britain-is-keeping-the-penny-lessons-for-crypto-marketing-teams/

--- 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.
https://cryptostar.money/blog/users-robbed-due-to-microsoft-errors-enable-2-factor-authentication-now/
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.

https://cryptostar.money/blog/cold-storage-and-custody-is-key-to-institutional-adoption-of-crypto
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?

https://cryptostar.money/blog/scots-want-to-abandon-the-pound-will-they-choose-bitcoin/

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

https://cryptostar.money/blog/will-scotland-choose-bitcoin-part-an-academic-analysis/

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.

https://cryptostar.money/blog/bitfinex-scandal-bitcoin-stops-bank-runs/
9  Bitcoin / Bitcoin Discussion / Is Lightning going to ensure Bitcoin dominance? on: April 26, 2019, 01:31:43 PM
https://cryptostar.money/blog/will-dash-and-litecoin-be-struck-by-lighting/

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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