[NEWS] Bitcoin Cash to Add Dev Tax in New Software Upgrade

[bbc.reporter]

It appears that the bitcoin cash developers' original plan was to introduce a developer's tax to test everyone's reaction and reintroduce another version of the tax if they think this can be done by using the data from the first reaction hehehe. They were not listening to you. It was a trick.



Bitcoin ABC developer Amaury Séchet recently published an updated version of the miner Infrastructure Funding Plan (IFP) that was first introduced by BTC.TOP founder Jiang Zhuoer.

It will be implemented in the forthcoming 0.21.0 release of the Bitcoin ABC software that is expected to take place on May 15. The protocol change has to be activated by miners via BIP9.

The major difference in his proposal is the reduction of the developer tax to 5 percent (the original amount was 12.5 percent). The rationale behind taking a sizeable chunk of miner rewards is the necessity to develop the software infrastructure of Bitcoin Cash.    

Those funds will go an opaque list of whitelisted projects, which might be the second most controversial thing after the tax itself.

Read in full https://u.today/bitcoin-cash-bch-to-add-dev-tax-in-new-software-upgrade-will-crypto-exchanges-stop-this-takeover

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[FiendCoin]

BCH and BSV are both centralized garbage. They can change the rules at any time and steal anyone's coins they want. It boggles my mind how anyone can have faith in those two shit coins. However, I am amused that their "communities" continue to fight and fracture.

I am so happy that people like roger ver, jihan wu and craig the fraud have left Bitcoin for their personal shit projects 

[FanEagle]

I do not see anything wrong with this at all. If you are a person who still uses or even owns a slight part of a bitcoin cash or even bitcoin sv, you deserve to pay a tax, you deserve to even get scammed by the owners and you have absolutely no right to do anything about it, you can't even complain about it.

We have talked about how bch and bsv is scams and how you should stay away from it, we have told you that it is centralized and play money of some rich people. After all of this, if anyone insists on still getting a bit of it even for trading, that means they deserve whatever comes to them, I personally couldn't care any less because they actually deserve to lose their money for being so ignorant while everyone screams the truth and the facts to their faces.

[bbc.reporter]

@FanEagle. I reckon for some people it might be ok, however, it will not be ok for everyone.

In any case, Roger does not support it. Will this cause him to call on his followers to create a hardfork again? What will he call his new coin? Bitcoin cash cash, BCHCH hehehe?



Roger Ver, via a YouTube video on February 16, 2020, stated that he was not in support of the debated 12.5 bitcoin cash miner’s tax. Ver, referring to the initial tax proposal with his name appearing at the end of the document, declared that it was done without his consent.

In an attempt the ‘set the record straight’, the Bitcoin.com executive said:
“I didn’t sign this. There was definitely discussion about this, there was talk and I thought the talks were still ongoing; when all of a sudden this was released with my name at the bottom. I don’t think it was released out of intentional malice…I think there was just a lack of communication, lots of time zones, lots of different languages.”

Roger Ver further expressed concerns with the new infrastructure funding plan (IFP) published by Bitcoin ABC recently. The upgraded document had some details different from the original proposal. Some of the changes include the reduction in tax on the block reward from 12.5 to 5 percent, with the funds going to a list of selected whitelist projects.

Read in full https://btcmanager.com/roger-ver-bitcoin-cash-tax-proposal/