What is the history of the conflict brewing between rival factions of the Bitcoin Cash (BCH) community, and what might happen in the all out “Hash War” that’s supposedly to begin this morning at just before high noon today (11/15), Eastern time? If you watch the video, you’ll find out all we know:
Something big happened this week.
The famous “Bitcoin Pizza” story was overshadowed by a punky, lesser-known cryptocurrency quietly occupying the number 12 spot on CoinMarketCap. The implications of this week’s event will be felt for decades and change the way the mainstream views cryptocurrencies forever.
One question plagues cryptocurrency users everywhere. Whenever you talk with doubters about the numerous advantages of using digital cash over fiat, invariably the response comes:
“But what can I buy with it?”
This question drives you nuts. You explain that at first, there was nothing you could buy with it. Then, there was pizza. Then coffee shops and yoga studios started accepting it. Then you could use a handful of janky websites to buy some (sometimes expired) digital gift cards. But now there is something much more real. More tangible. More serious.
A brand new car.
Yeah, you read that right. This week, the largest chain of auto dealerships in New Hampshire, AutoFair, sold a vehicle off one of their lots in exchange for DASH (digital cash).
Thankfully, Portsmouth-based Anypay came along to save the day at retail with the launch of their Point-of-Sale crypto merchant payment processing system that added DASH as an alternative to BTC. With the ability to choose what to accept at their POS for the first time ever, local merchants eagerly jumped onboard with Anypay and got set up to accept DASH in addition to BTC. As a result, customers were able to avoid the BTC fees by paying with the sane, fast, affordable DASH.
However, only retail’s problems were fixed by Anypay. Cryptocurrency activists in the area were still hurting because the BTC fees had killed one of the most effective forms of direct outreach – printable Bitcoin tips! We had for many months been giving away printed Bitcoin (BTC) tips to local restaurant servers and others with whom we wanted to gift BTC. These tips were made possible by an innovative site called BCTip.org. Sadly, the insanely high Bitcoin fees at the time made using BCTip impossible to justify in late 2017. Since BCTip had at one time been an advertiser with Free Talk Live, my radio show, I reached out to the operator and asked if he were considering adding any other cryptos to the site and he said he was not but pointed out the site was open source.So, I teamed up with Michael Hampton of Ringing Liberty and he actually programmed a whole new site from scratch to do the same thing that BCTip did for Bitcoin (BTC), except do it for the alternative cryptocurrencies like DASH and Bitcoin Cash. We launched quietly with a public beta early this year with DASH as the only initial crypto available to print as tips. This month, I’m happy to announce we’ve now added Bitcoin Cash (BCH) to the site and it’s now the default option when creating new tips.
These printed, business card-sized tips are super-easy to use. Just visit Cryptotip.org and create a batch of tips in the US Dollar value of your choice (or international currencies including GBP, EUR, RUB, JPY). Choose which crypto you want to use to fund the tips, DASH or Bitcoin Cash, put in your refund address and print up the tips. Cut them out and then put your tips in your wallet so you can easily give them out wherever you go.
When your recipient visits the URL on their tip, they’ll be given a brief introduction to cryptocurrency and instructed on installing a wallet so they can redeem their tip into their crypto wallet. If they never redeem it, YOU GET YOUR CRYPTO BACK! When you create the tips, you choose the expiration time. THe default is one month. Once the tips expire, you get any unclaimed tips back in your wallet. Cryptotip is a killer app for crypto and a low-risk way to spread cryptocurrency to new people.
They make great stocking stuffers or other gifts as well. Maybe you can think of new, fun ways to give away your Cryptotips!
Don’t forget, a Cryptotip should only be given as a bonus on top of an already good cash tip. You want the server to take you seriously and look at the Cryptotip so be sure to be a good representative of crypto and leave your Cryptotip in addition to your cash. Visit Cryptotip.org to create and print as many tips as you’d like!
Well well well. The 8th Anniversary of the first-ever cryptocurrency purchase (10,000 Bitcoins for 2 Papa John’s pizzas in Jacksonville, Florida), and digital cash enthusiasts everywhere are celebrating by gathering to eat pizza and and spread their favorite money. Portsmouth, New Hampshire (aka “Bitcoin Village“) was no exception!
Originally posted to FreeStateBitcoin.com:
I still can’t believe it. I just watched this video by CNN about a New Hampshire man who is able to live his entire life on cryptocurrency. I’ve come close, but he’s got even me beat. Truly an impressive feat. To learn his secret, watch this video:
Amazing, Joël. Brilliantly done. You are welcome at the Free State Bitcoin Shoppe anytime! To level up your crypto game, attend the next Portsmouth Bitcoin Network meet up. Or if you’re super-serious, enroll in the Blockchain Institute of Technology.
Ever since, I’ve been a supporter of the unique approach that Hundred Nights has taken to helping the homeless. Rather than give them a place to stay every day of the year, Hundred Nights opens for the hundred coldest nights. At 7am, all those staying overnight have to get their stuff and leave for the day. They aren’t completely out in the cold, as Hundred Nights also operates a drop-in center open year-round, where the homeless can work on finding jobs, putting together a resume, or just get warm.Recently, the Monadnock Decentralized Currency Network (MDCN) donated 1% of a Bitcoin Core (BTC) to the auction that Hundred Nights put on in December. The MDCN also offered to match the dollar amount of the winning bid on the coin as a BTC donation to Hundred Nights, up to a maximum of one whole BTC (which at the time was worth about $15,000). Turns out, despite having the chance to bid, a room full of mostly older folks only resulted in one bid… of $25. It was a lady buying it for her son, who had been telling her about cryptocurrency.
Given that the bid was so low, it was decided that a matching 1% of a BTC (worth around $150 at the time) would also be donated to Hundred Nights, rather than just $25. I dropped in to the office of Hundred Nights’ Executive Director Mindy Cambiar and helped walk her through signing up with Coinbase. While I’m not a big fan of Coinbase as a company, they do make it easy for people with bank accounts to acquire cryptocurrency as well as convert it to USD if they need or want, so I still recommend them to newbies. Indeed, within a short time, Hundred Nights was ready to accept cryptocurrency donations and the addresses are up now on their website. Whether you live in the area or not, if you’re a cryptocurrency user, please send them a donation to thank them for embracing the future of money!
As of now, Keene’s independent homeless charity is now accepting cryptocurrency including Bitcoin Core (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH)! Here are the addresses to which you can contribute: (more…)