BCH History (Day 4) Electronic Money
As we have read in the early days bitcoin itself is not a unique or the oldest innovation, it actually uses older software and applies economic logic to give value.
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Como hemos leído en los primeros días bitcoin en si no es una innovación única o la mas antigua, en realidad se usan programas informáticos mas antiguos y se aplica la lógica económica para dar valor
In 1994 in Geneva a conference was held where David Chaum explained what E.Cash was all about, clearly demonstrating that David was ahead of his time, he was thinking ahead of what was supposed to be the economic growth of the Internet and economic security, or computer security for business processes, remember that Web 2 had not even reached the world when this man was already talking about a digital money.
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En 1994 en Ginebra se celebro una conferencia donde David Chaum explicaba de que se trataba el E.Cash demostrando claramente que David estaba adelantado a su epoca, tenia un pensamiento adelantado a lo que se suponía seria el crecimiento económico del internet y de la seguridad económica, o de la seguridad informática para los procesos comerciales, recordemos que ni la Web 2 había llegado al mundo cuando ya este hombre estaba hablando de un dinero digital
Source: 1 de 4 | La historia de eCash y cómo el sueño de David Chaum originó el movimiento Cypherpunk | by Mark | Blockchain Academy Mexico | Medium https://medium.com/blockchain-academy-mexico/la-historia-de-ecash-y-c%C3%B3mo-el-sue%C3%B1o-de-david-chaum-origin%C3%B3-el-movimiento-cypherpunk-19fa003b1a3c
Chaun had also created an anti-tracking system for email, which helped S.N. to improve the encryption system and solve the forced labor mining system that allowed the application of a private system of data transmission that at the same time was public, so with this system the transmission would be public because everyone can see it but private because it remains as a symbol. Chaum laid the foundations for the Tor privacy preservation system, in 1982 Chaum published "Blind signatures for untraceable payments" this was achieved when the veteran BTC experts were not even born, today they claim to have all this system that was designed for privacy today is only for a digitized gold for investment purposes for many years.
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Chaun también había creado un sistema antirrastreo de correo electrónico, cosa que ayudo a S.N a mejorar el sistema de cifrado y resolución del sistema de minado de trabajo forzado que permitía la aplicación de un sistema privado de transmisión de datos que al mismo tiempo fuera publico, entonces con este sistema la transmisión seria publica porque todo el mundo puede verla pero privada porque permanece como un símbolo. Chaum fue que sentó las bases para el sistema de conservación de la privacidad Tor, en 1982 Chaum publica "*Firmas ciegas para pagos imposibles de rastrear"* esto lo logro cuando ni habían nacido los veteranos expertos de BTC hoy en día dicen tener todo este sistema que fue diseñado para la privacidad hoy se tiene únicamente para un oro digitalizado con propósito de inversion por largos años
In reality a digital money needs an encrypted system or mathematically complex scalable to ensure the future, and was created by brilliant minds that today by the way are never recognized in large cryptocurrency forums worldwide, the Bitcoin Cash money represents the entire legacy of S.N but also where he was inspired with all the studies he did and everything he prepared to make all these mechanisms democratic, freely accessible to everyone and with real value.
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En realidad un dinero digital necesito de un sistema cifrado o matemáticamente complejo escalable para asegurar el futuro, y fue creado por mentes brillantes que hoy por cierto nunca son reconocidas en los grandes foros de criptomonedas a nivel mundial, el dinero de Bitcoin Cash representa todo el legado de S.N pero también de donde se inspiro con todos los estudios que realizo y todo lo que preparo para hacer de todos estos mecanismos democrático, de libre acceso para todo el mundo y con valor real
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BCH History (Day 3) Blockchain History
Some believe that the Blockchain is an invention of S.N but it is not, in fact we could assure that Satoshi leverages ancient technologies to create a democratic record of transactions but based on economics, it is a modification of a distributed logbook like the famous download platform utorrent.com
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Algunos creen que la Blockchain es una invención de S.N pero no es así, de hecho podríamos asegurar que Satoshi aprovecha tecnologías antiguas para crear un registro democrático de transacciones pero basado en economía, es una modificación de un cuaderno de registro distribuido como la famosa plataforma de descarga utorrent.com
Source: https://coinfomania.com/wp-content/uploads/2020/01/blockchain.jpg
*The history of the blockchain is not a history of cryptocurrencies, it is a very old history*
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*La historia de la cadena de bloques no es una historia de criptomonedas, es una historia muy antigua*
In 1970, digital signatures based on cryptography were used to protect the identity of the person and show the possibility of securing documents sent by electronic mail.
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En 1970 se utilizaba las firmas digitales basadas en criptografia para resguardar la identidad de la persona y muestra la posibilidad de asegurar documentos enviados por correo electrónico
Source: https://i1.wp.com/criptotendencia.com/wp-content/uploads/2019/06/Usos-de-Criptografia.jpg?resize=890%2C450&ssl=1
David Lee Chaum created an electronic monetary system called eCash, which in 1995 implemented DigiCash with centralized cryptography to make anonymous records of transfers from one bank to another, as we see the digital money is not something that comes the history of bitcoin, in fact since long before in history have been making efforts to hide the financial information of users, but in the past history were ideas with private interest or were conceived privately and centralized, control of the data required a trusted third party, basically the same as a bank gives you privacy.
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David Lee Chaum creo un sistema monetario electrónico llamado eCash, que en 1995 implemento DigiCash con criptografia centralizada para volver anónimas los registros de transferencias de un banco a otro, como vemos el dinero digital no es algo que viene la historia de bitcoin, de hecho desde mucho antes en la historia se vienen haciendo esfuerzos por ocultar la información financiera de los usuarios, pero en la historia pasada eran ideas con interés privados o eran concebidas de forma privada y centralizada, el control de los datos requería de un tercero de confianza, básicamente es lo mismo que un banco te brinde privacidad
The Blockchain, which uses cryptography, comes after an interesting story of emails and spam, for the 4th day I will leave these details
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La cadena de Bloques, que usa la criptografia de viene tras una historia interesante de correos electrónicos y los spam, para el 4 día dejare estos detalles
BCH History (Day 2) Satoshi's Philosophy
I understand that Satoshi communicated with a man named Bernard von NotHaus who in the U.S. is famous because he created his own currency called Liberty Dollar, the thing is that Von Nothaus was arrested by authorities because he was violating the laws that protect the Dollar trust. Satoshi at a Hackers conference in Holland talked to Von Nothaus to tell him that he had been inspired by liberty Dollar to create a completely digital but anonymous currency.
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Tengo entendido que Satoshi se comunico con un hombre llamado Bernard von NotHaus quien en EE.UU es famoso porque creo su propia moneda llamada liberty Dólar, el asunto es que Von Nothaus fue detenido por autoridades, porque estaba violando las leyes que protegen la confianza del Dólar. Satoshi en una conferencia de Hackers en Holanda hablo con Von Nothaus para decirle que se había inspirado en liberty Dolar para crear una moneda completamente digital pero anónima
Source: Últimas teorías sobre quién es realmente Satoshi Nakamoto (criptoinforme.com) https://criptoinforme.com/bitcoin/ultimas-teorias-sobre-quien-es-realmente-satoshi-nakamoto/
**The Bitcoin Philosophy**
What price did S.N. imagine when he researched the creation of a digital money ? or the creation of a digital currency did he intend to get filthy rich ? did he intend to compete with other currencies ? I think S.N. was inspired by a currency like liberty because he knew the content behind it, and that is that liberty showed him the weakness of the dollar and the fear of the federal reserve of losing control of the money.
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Que precio imagino S.N cuando investigo la creación de un dinero digital ? o la creación de una moneda digital tenia intensiones de hacerse groseramente rico ? tenia intenciones de competir con otras monedas? creo que S.N se inspiro en una moneda como liberty porque el sabia el contenido detrás de ella, y es que liberty le demostró la debilidad del dólar y el miedo de la reserva federal por perder el control del dinero
A Democratic, Decentralized, Secure money with access for anyone in the world that is capable of creating services, applications, fair distribution and opportunity for growth is not a currency of long term value.
Source: Bernard von NotHaus - Wikipedia, la enciclopedia libre https://es.wikipedia.org/wiki/Bernard_von_NotHaus
**El Oro Digital**
Bitcoin was never intended to be Digital Gold, it was never intended for people to hold it and then exchange it for Fiat over a 5 year period.A Democratic, Decentralized, Secure money with access for anyone in the world that is capable of creating services, applications, fair distribution and opportunity for growth is not a currency of long term value.
Bitcoin was never intended to be Digital Gold, it was never intended for people to hold it and then exchange it for Fiat over a 5 year period.
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Un dinero Democrático, Descentralizado, Seguro con acceso para cualquier persona en el mundo que sea capaz de crear servicios, aplicaciones, distribución justa y oportunidad de crecimiento no es una moneda de valor a largo plazo.
Bitcoin nunca fue pensado como un Oro Digital nunca fue pensado para que las personas que lo tengan, lo guarden para luego cambiarlo por Fiat en un periodo de 5 años
Bitcoin Cash is philosophically based on the S.N. Idea.
We should say that Bitcoin Cash is created with the ideological line of S.N, out of respect for the creation and also if at some point we decide to forget about the idea of Satoshi, what happens to the access of millions of people on the planet who can not have 1 BTC or a bank account, what happens to the thousands of people who use cryptocurrencies for remittances? they do not have the project to save those remittances for 5 or 10 years the plan is to use it as electronic cash equally for all people on the planet.
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Deberíamos decir que Bitcoin Cash si esta creado con la linea ideológica de S.N, por respeto a la creación y además si en el algún momento decidiéramos olvidarnos de la idea de satoshi, que ocurre con el acceso de millones de personas en el planeta que no pueden tener 1 BTC o una cuenta bancaria, que ocurre con las miles de personas que usan las criptomonedas para las remesas? ellos no tienen el proyecto de guardar esas remesas por 5 o 10 años el plan es utilizarlo como efectivo electrónico de igual para todas las personas del planeta
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BCH History - Historia de BCH (Day 1)
I would like to talk about the history of BCH directly from the history of BTC, and in fact we could discuss the philosophical similarity if today BTC would fit the reality but unfortunately it can't, and if it can't, I can't, you can't, nobody can, because today Bitcoin Core is something completely different from what is today BCH which does fit the history of the most famous asset in the world.
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Me gustaría hablar de la historia de BCH directamente desde la historia de BTC, y de hecho pudiéramos discutir la similitud filosófica si hoy BTC se ajustara a la realidad pero lamentablemente no se puede, y si no se puede, yo no puedo, tu tampoco, nadie puede, porque hoy Bitcoin Core es algo completamente diferente a lo que es hoy BCH que si se ajusta a la historia del activo mas famoso del mundo
History - Historia
But history is history and it has its own name, Bitcoin, is a name of a program created by an as yet unknown man or organization called Satoshi Nakamoto, some rationally speculate that this pseudonym comes from a combination of brand names in this order
Sa : Samsung
Toshi: Toshiba
Naka: May be from Nakajima Aircraft Company
Moto: Motorola
Same the identity of S.N is at this moment is irrelevant in my opinion, it is important, or it will be for when he decides to appear, but it is not relevant to talk about the future of the bitcoin economy or the future of Cryptocurrencies, there is an ecosystem too dependent on the market for a figure to determine the future, of course even the community is young we need to mature more, but S. N today is reading and seeing everything that is happening around his digital currency and does nothing, we do not know what plans he has, I dare not speculate, but everything will depend on the historical context at the time of its appearance.
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Pero la historia, es la historia y tiene nombre propio, Bitcoin, es un nombre de un programa que creo un hombre o una organización aun desconocida llamada Satoshi Nakamoto algunos especulan con racionalidad que este seudonimo proviene de una combinación de nombres de marcas en este orden
Sa : samsung
Toshi: Toshiba
Naka: Puede ser de Nakajima Aircraft Company
Moto: Motorola
Igual la identidad de S.N es en este momento es irrelevante en mi opinion, es importante, o lo sera para cuando el decida aparecer, pero no es relevante para que se hable del futuro de la economía de bitcoin o del futuro de las Criptomonedas, hay un ecosistema demasiado dependiente del mercado para que una figura determine el futuro, claro que aun la comunidad es joven necesitamos madurar mas, pero S.N hoy esta leyendo y viendo todo lo que esta ocurriendo alrededor de su moneda digital y no hace nada, no sabemos que planes tiene, no me atrevo a especular, pero todo dependerá del contexto histórico al momento de su aparición
https://es.wikipedia.org/wiki/Satoshi_Nakamoto#Representaci%C3%B3n_art%C3%ADstica
in 2021 was published in Budapest, a statue in honor of S.N and the face is actually transparent or almost mirror surface, to reinforce the idea that we are all Satoshi. Likewise, the divisible unit of Bitcoin or most cryptocurrencies is in satoshis, as the smallest unit.
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En 2021 se publicó en Budapest, una estatua en honor a S.N y la cara es en realidad transparente o casi una superficie de espejo, para reforzar la idea de que todos somos Satoshi. Asimismo, la unidad divisible de Bitcoin o de la mayoría de las criptodivisas es en "satoshis", como unidad más pequeña.
1$ divisible 0.50 "cent"
1 BTC divisible 0.00.000.001 "satoshis"
Cryptography - Criptografía
In 2008 there was the real estate crisis that affected most of the economies around the world, millions of people lost their jobs, suicides, layoffs, closing of companies, families losing homes, it was this that inspired S. N to create a digital currency but he would need to separate it from the structure that determines the "value" of money in the world, it would not make sense to create a currency that obeyed the structure of the speculative market at least the speculative market that I call immoral market, precisely because it generates the global economic crises, or allows to lose every so often the balance of values.
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En 2008 ocurrió la crisis inmobiliaria que afecto gran parte de las economías en todo el mundo, millones de personas perdieron sus empleos, suicidios, despidos, cierre de compañías, familias perdiendo casas, fue esto lo que inspiro a S.N para crear una moneda digital pero necesitaría separarla de la estructura que determina el "valor" del dinero en el mundo, no tendría sentido crea una moneda que obedeciera la estructura del mercado especulativo al menos del mercado especulativo que yo llamo mercado inmoral, precisamente porque este genera las crisis económicas globales, o permite que se pierda cada cierto tiempo el equilibrio de los valores.
Source: https://es.ccm.net/contents/129-que-es-la-criptografia
One thing is to talk about the ability to create a digital currency and another the philosophy or inspiration that helped the creation of the cryptocurrency, and Cryptography is the fundamental basis to get out of the scheme of visa, master card technology, which instead of democratically safeguarding the passwords, they are the owners of every asset of their customers, but in Bitcoin S. N. solves a very important issue of the economic system that is security. N solves a very important issue of the economic system which is security, to allow access to this technology S.N uses data encryption to protect the keys and preserve anonymity but using democracy and mathematics, we find ourselves with a system free from intervention of private companies and governments.
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Una cosa es hablar de la habilidad para crear una moneda digital y otra la filosofía o inspiración que ayudo a la creación de la criptomoneda, y la Criptografia es la base fundamental para salir del esquema de la tecnologia visa, master card, que en lugar de resguardar democraticamente las contraseñas, ellos son los propietarios de cada activo de sus clientes, pero en Bitcoin S.N resuelve un asunto del sistema económico muy importante que es la seguridad, para consentir el acceso a esta tecnología S.N uso la Encriptación de datos para resguardar las claves y conservar el anonimato pero usando la democracia y las matemáticas, nos encontramos entonces con un sistema libre de intervención de las empresas privadas y de los gobiernos
***Do we use cryptocurrency to get out of state domination or do we use a freer and more democratic alternative for the use of our money?***
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***Usamos Criptomoneda para salir entonces del dominio del estado o usamos una alternativa mas libre y democrática para el uso de nuestro dinero?***
Thanks for reading, comment on this first part, and tell me what you think, contribute and give me ideas.
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Gracias por leer, comenta esta primera parte, y dime lo que piensas, aporta y dame ideas
About NFTs and True Art/Sobre los NFT y el Verdadero Arte
Are NFTs True Art?
Can we say that they are replacing the Art of Painting?
In what type of Art can we classify it?
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Son los NFT Verdadero Arte?
Podemos decir que están sustituyendo el Arte de la Pintura?
En que tipo de Arte lo podemos Clasificar?
These days I was talking with some designer friends and we started to discuss something interesting, one of them is a painter and designer and he told me that he had a lot of respect for handmade painting, and that he had the profession of design as a profession to live but nothing more. In our conversation I started to ask him some basic questions, digital design is Art? and his answers were very diverse, he told me that he considers design as a corporate visual method, with advertising objectives, while he as a painter considered his paintings a true art, because it has no corporate objective, and that is very interesting to evaluate.
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En estos días estaba hablando con unos amigos diseñadores y empezamos a discutir algo interesante, uno de ellos es pintor y diseñador y me hablo que tenia mucho respeto a la pintura hecha a mano, y que tenia la profesión de diseño como una profesión para vivir mas nada. En nuestra conversación empecé a hacerle ciertas preguntas de base, el diseño digital es Arte?? y sus respuestas eran muy diversas, me decía que el considera el diseño como un método visual corporativo, con objetivos publicitarios, mientras que el como pintor consideraba sus pinturas un verdadero arte, porque no tiene objetivo corporativo, y eso es muy interesante de evaluar
Here is the source of this image depicting the technology or cryptocurrency trading with NFTs. el arte nft - Bing images https://www.bing.com/images/search?view=detailV2&ccid=RTH9vj18&id=9C6B291D28E822B462E51B4C3921FE2C70C9FA24&thid=OIP.RTH9vj18SYbSJJ13BLosKgHaE7&mediaurl=https%3A%2F%2Fi1.wp.com%2Fwww.investforabundance.com%2Fwp-content%2Fuploads%2F2021%2F05%2Fcrypto-basics-scaled.jpg%3Fw%3D1800%26ssl%3D1&cdnurl=https%3A%2F%2Fth.bing.com%2Fth%2Fid%2FR.4531fdbe3d7c4986d2249d7704ba2c2a%3Frik%3DJPrJcCz%252bITlMGw%26pid%3DImgRaw%26r%3D0&exph=1199&expw=1800&q=el+arte+nft&simid=607991267343275695&form=IRPRST&ck=6B4D1CD9AF16F2F34F4052A292D0DCDC&selectedindex=2&ajaxhist=0&ajaxserp=0&pivotparams=insightsToken%3Dccid_CfetdujZ*cp_9184766CAF141BAD2E38E4F7D85E6445*mid_D74CCC26220A08E682C0ED4080E22E65AFABB9C4*simid_608030244169990203*thid_OIP.CfetdujZm3RDNPSlnFPoGQHaE7&vt=0&sim=11&iss=VSI&ajaxhist=0&ajaxserp=0
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Aquí la fuente de esta imagen que representa la tecnología o el comercio de las criptomonedas con los NFT
The Art of Painting, or graphic representation has a whole branch of expressions and cultures and it is very complex to classify it only in one concept, but the one you identify with is acceptable... but how can we classify the NFT, at least the NFT of images?
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El Arte de la Pintura, o representación grafica tiene toda una rama de expresiones y culturas y es muy complejo clasificarlo solo en un concepto, pero con el que tu te identifiques es aceptable.. pero como podemos clasificar los NFT, al menos los NFT de imágenes
In this case we will talk about the NFT in image that are the most famous and who have moved more resources worldwide, but it is interesting to evaluate this because in my opinion, **what gives attractive support to the NFT is the Blockchain, not the Art, let's remember that the unique and unrepeatable piece is archived in the cryptocurrency network**, so it is unreliable that it reaches a great value for its beauty, in fact most of the NFT investments in the world are not made for its aesthetics, nor what the author intends to convey, but the support in the blockchain.
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En este caso hablaremos de los NFT en imagen que son los mas famosos y quienes han movido mas recursos en todo el mundo, pero es interesante evaluar esto porque en mi opinion, lo que le da soporte atractivo a los NFT es la Blockchain, no el Arte, recordemos que la pieza unica e irrepetible se archiva en la red de las criptomonedas, de manera que es poco fiable que alcance un valor grande por su belleza, de hecho la mayoria de las inversiones de los NFT en el mundo no se hace por su estetica, ni lo que intenta transmitir el autor, sino el soporte en la blockchain
I believe that NFTs can continue to grow but, objectively speaking, the market is not driven by their talent or aesthetics, in any case, they serve thanks to the network.
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Creo que los NFT pueden seguir creciendo pero, objetivamente el mercado no se mueve por su talento o estetica, en todo caso sirve gracias a la red
BCH History in 30 days October Challenge
We must know the history of BCH which in my opinion is the history of Bitcoin which was created by S.N. motivated by the 2008 economic crisis in the U.S.A.
My name is Roberto Garcia, I have been working with Bitcoin Cash for more than 4 years and I am personally familiar with the project because I feel very identified, but there are some details that we ignore because time passes and people forget, others do not know why some events occurred, others just looking to make money and others simply do not care about the story, and I think that leaving this written in read cash will be positive to refresh.
he Challenge starts on October 1st
In this opportunity I will make a summary of the history of BCH every day of October, this way everyone can read a little bit of electronic cash and little by little know or remember the history. BCH is not older than other cryptocurrencies, in fact it is still very young and we will be able to see the evolution and how we have been working to achieve the freedom of thousands of people and companies in all continents of the world.
*Bitcoin Cash is all over the world, but there is still a lack of education, and the responsibility lies with us who have years of experience.*
My challenge will start on October 1st, I must prepare myself, if you like it vote and share.
**Note:** The summaries of the story, and the concepts will be of my authorship and those that are official I will leave the link to support, remember that if you consider any error during my summary then you can comment and make the necessary correction, here everything will be done to learn.
Cryptocurrencies and the FED
Today in the U.S. they made an important announcement for the world economy. And again interest rates are raised to 0.75%, this does not directly affect the pockets of ordinary people, but it decreases large investments precisely because the movement of capital or large-scale investments become more expensive, meaning that mortgages, loans, production, etc., become more expensive.
**How do these decisions impact the Bitcoin world?**
The correction or drop in bitcoin price to $18,600 resembles the sp500 drop of more than 5% respectively, just as the BTC whales or investors in any of their scales were predicting, now well BTC is resisting and has good positions above $18,000 as of this afternoon.
Remember that investments have a lot to do with the psychology of the investor, and unfortunately for many we are very weak at the time of decision making and more with these influencers of the social media economy.
Because of the distortion that exists with cryptocurrencies, especially with bitcoin, this fall occurs, because today bitcoin is an instrument of the system that S.N. so much claim, today bitcoin should show a considerable rise because following this decision investors should have sought a safer money as bitcoin was, and on the contrary, decreased their positions and now make massive sales to take advantage of the decline, sharks using BTC to increase their profits, while real developers are affected.
Thank you for reading, please comment and vote.
The new Ehtereum is already online
The response of ETH investors was to abandon the Cryptocurrency for 12 hours, fearing the upgrade. Most of the leaders or big developers did bet and kept the price, some wallets are already online or upgrading to offer ETH, but any upgrade is good for any cryptocurrency.
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La respuesta de los inversionistas de ETH fue abandonar la Criptomoneda por 12 horas, por miedo a la actualización. La mayoría de los lideres o grandes desarrolladores si apostaron y conservaron el precio, algunas billeteras ya están en linea o actualizando para ofrecer ETH, igual cualquier actualización es buena para cualquier criptomoneda
https://www.rezanmmd.com/wp-content/uploads/2021/02/ethereum-2-0-header.png
With this operation, the Ethereum crypto, which represents 20% of the market, passes from a system known as "proof of work" ("proof of work"). That certifies that the registration has been made by those computers, to the "proof of stake" ("proof of stake"), which basically rewards those who financially contribute their capital.
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Con esta operación la cripto Ethereum, que representa el 20% del mercado pasa de un sistema conocido como «proof of work» («prueba de trabajo»). Que certifica que la inscripción ha sido realizada por esos ordenadores, a la «prueba de participación» («proof of stake»), en la que básicamente se recompensa a los que aportan financieramente su capital.
I just hope this will help to improve the usability of this system, because ETH is expensive in transaction fees, I hope there will be some improvement at least that's what we were told.
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Solo espero que esto ayude a mejorar la usabilidad de este sistema, porque ETH es caro en comisiones por transacciones, espero que haya alguna mejoría al menos eso fue lo que nos dijeron
About Ethereum Merge / Spanish and English
Ethereum is a digital platform or Sotfware is not a Cryptocurrency that uses the blockchain and expands or uses that distributed database for a wide variety of applications. Ether, which is its native cryptocurrency, is the one that is used as a currency or as an economic system to develop all the structures of smart contracts.
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Ethereum es una plataforma digital o Sotfware no es una Criptomoneda que usa la blockchain y expande o usa esa base de datos distribuida para una una gran variedad de aplicaciones. Ether, que si es su criptomoneda nativa, es la que se usa como moneda o como sistema económico para desarrollar todas las estructuras de los contratos inteligentes
https://muniztrading.com/wp-content/uploads/2020/12/ethereum-20.jpg
**About the New Actualization**
Ethereum is an incredible infrastructure, but it is not perfect, and it is also extremely expensive, so development work is often compromised by lack of resources or because it is simply not worth developing a system that will be much more expensive than traditional banking or traditional market systems, resulting in the abandonment of many projects that have arisen.
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Ethereum es una increible infraestructura pero, no es perfecta, y ademas es sumamente costosa, de manera que los trabajos para el desarrollo muchas veces se ven comprometidos por falta de recursos o porque simplemente no vale la pena desarrollar un sistema que sera mucho mas costoso que la banca tradicional o el sistema de mercado tradicional eso trae como consecuencia el abandono de muchos proyectos que han surgido
Approximate date for the update: 15 September 2022
Segun el Portal de noticias: **Ethereum pasaría de su infraestructura tecnológica actual, conocida como “prueba de trabajo”, a una infraestructura de mayor eficiencia energética llamada “prueba de participación”**.
Qué es “la fusión” que tiene en vilo al mundo de las criptomonedas - Infobae https://www.infobae.com/america/the-new-york-times/2022/08/29/que-es-la-fusion-que-tiene-en-vilo-al-mundo-de-las-criptomonedas/#:~:text=Ethereum%2C%20la%20plataforma%20de%20criptomonedas%20m%C3%A1s%20popular%2C%20se,m%C3%A1s%20esperados%20en%20la%20historia%20de%20la%20criptoindustria.
La actualización pretende reducir las comisiones de transacción, una petición general de la comunidad entre las empresas y los ciudadanos
Con esta nueva infraestructura, Ethereum pasa a ser uno de los software con menos contaminación, pues la prueba de participación resuelve el famoso gasto emergentico de la prueba de trabajo en la cadena
Ahora los Participantes pelearan con mas y mas dinero para asegurar la red algo que le dara la oportunidad a miles de personas de ganar dinero y sobre todo a muchas grandes empresas de inversion que no necesitaran grandes infraestructuras para participar
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According to the News Portal: Ethereum would move from its current technology infrastructure, known as "proof of work," to a more energy-efficient infrastructure called "proof of stake."
What is "the merger" that has the cryptocurrency world on edge - Infobae
The upgrade aims to reduce transaction fees, a general request from the community among businesses and citizens
With this new infrastructure, Ethereum becomes one of the software with less contamination, as the proof of participation solves the famous emergent expense of proof of work on the blockchain
Now the Participants will fight with more and more money to secure the network something that will give the opportunity to thousands of people to earn money and above all to many large investment companies that will not need large infrastructures to participate.
Para el próximo post hablaré de los problemas que puede tener esta actualización para la red Ethereum.
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For the next post I will talk about the problems this update may have for the Ethereum network.
If you like it give me vote and comment to continue publishing.
On the Life and Death of my Dear Cousin Malpica / Spanish and English
The life of a young person often becomes difficult due to economic difficulties, affection, family, and social relationships. My cousin Malpica as he was affectionately known in my city was one of those, a young man hit by the economy, the family, the political crisis and above all the mind.
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La vida de un joven muchas veces se torna difícil por las dificultades económicas, cariño, familia, en fin relación social. Mi primo Malpica como cariñosamente era reconocido en mi ciudad era uno de esos, un joven golpeado por la economía, la familia, la crisis política y sobre todo la mente
*Good afternoon friends, I hope you have a nice day, I am here to tell you about my cousin who passed away 5 months ago in an accident.*
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Buenas tardes amigos, espero tengan un bonito día, les vengo hablar de mi primo fallecido hace ya 5 meses en un accidente
Johan Malpica Arboles died in a traffic accident on April 20 when a girl who shall remain nameless committed a crime while driving across the central canal to enter her house, dragging my cousin, who was traveling through the slow channel or security channel on his motorcycle, 18 meters away.
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Johan Malpica Arboles murió en un accidente de transito el pasado 20 de abril cuando una chica que no dejare nombre cometió un delito mientras manejaba cruzando desde el canal central para entrar a su casa, arrastrando 18 metros a mi primo que se venia desplazando por el canal lento o canal de seguridad en su motocicleta
But I must say that my cousin was not only what you see in that picture, he was not only a guy with a taste for extreme sports, he was also a remarkably intelligent person, he was the author of several essays on oil, Venezuelan history, world history, philosophy, law student, magnificent poet, Esperantist and lover of metal and havy rock music.
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Pero debo decir que mi primo no era solo lo que ven en esa fotografía, no solamente era un chico con gusto por deportes extremos, también era una persona notablemente inteligente, era autor de varios ensayos sobre petróleo, historia de Venezuela, historia Universal, Filosofía, estudiante de Derecho, magnifico poeta, Esperantista y amante de la música metal y havy Rock
**The Judgment**
Unfortunately the person who ran over him is at liberty, and in this country what rules is money and lack of morals, justice is too rotten and works without ethics. As a lawyer I am sad, upset, disgusted by what is happening in the judicial process to sentence the murderer who ran over my cousin.
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Lamentablemente la persona que lo atropello esta en libertad, y en este país lo que manda es el dinero y la falta de moral, la justicia esta demasiado podrida y se trabaja sin ética. Como abogado estoy triste, molesto, disgustado por lo que esta pasando en el proceso judicial para sentenciar a la asesina que atropello a mi primo
In the tributes the presence of his friends was very special, it was an emotional moment where everyone expressed their sadness and affection for Malpica, those days led me to reflect because he was a very sociable but selective person, besides being very bright, I learned a lot with him, I miss him very much.
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En los homenajes la presencia de sus amigos fue my especial, fue un emotivo momento donde todos expresaron su tristeza y su cariño también por Malpica, esos dias me llevaron a la reflexión porque el era una persona muy sociable pero selectiva, además de ser muy brillante aprendí muchísimo con el lo extraño mucho
https://youtu.be/Izx0JdlUllI?t=29
Thanks for reading me, I made this post because he also liked the world of cryptocurrencies, I recently attended one of the trials where everything seems to be just on the side of the killer, Thanks for reading, take care of your health and drive carefully.
Reaction to read cash's video posts / Spanish and English
**Many people make publications on read cash but few really know the secret or some techniques but to improve, those of us who have experience have the responsibility to teach them.**
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Muchas personas hacen publicaciones en read cash pero pocas saben realmente el secreto o algunas técnicas pero mejorar, los que tenemos experiencia tenemos la responsabilidad de enseñarles
It is never enough the knowledge you have in social networks, some aspects that we neglect determine the quality of our publications, and maybe you are not paying attention to some of them ue to lack of pedagogy or other content creators with more experience.
I have more than 2 years in read cash and I believe I have enough experience to teach others about read cash, and I believe I can because I have made several mistakes and I have learned how to fix some of them.
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Nunca es suficiente el conocimiento que se tiene en las redes sociales, algunos aspectos que descuidamos determinan la calidad de nuestras publicaciones, y tal vez no estés prestando atención a algunos de ellos por falta de pedagogía o por otros creadores de contenido con más experiencia.
Yo tengo más de 2 años en read cash y creo que tengo suficiente experiencia para enseñar a otros sobre read cash, y creo que puedo porque he cometido varios errores y he aprendido a solucionar algunos de ellos.
Video
https://youtu.be/7H0EWjjg4X8
**Note:** I had to make a cut of the video, actually this video lasts 11 minutes, the internet was failing me, the next video is for the next publication.
In this video I try to explain while I watch some publications of others I think it is a good way to observe what they do, I see some mistakes and try to correct them.
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En este video trato de explicar mientras veo algunas publicaciones de los demás creo que es un buena forma de observar lo que hacen, veo algunos errores y trato de corregirlos
**If you like vote and share, thanks for wathing the video.**
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**Si te gusto dale voto y comparte, gracias por ver el video**
More Videos of Anticafe / A Peace Experience (Spanish/English)
We continue with more videos for the Read Cash community, and I'm a little sad that this is no longer happening, but at the same time happy that I can share it here and that you also enjoy what was going on.
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*Seguimos con mas videos para la comunidad de Read Cash, y estoy un poco triste porque esto ya no esta pasando, pero al mismo tiempo contento porque puedo compartirlo aquí y que ustedes también disfruten de lo que ocurría*
**Hive is another monetized social network**
Much more complex but just as fabulous is a platform where you can create content and receive rewards in the cryptocurrency of that platform, Read Cash is much simpler and less complex to create content but it's all about consolidating communities and attracting more audience from the other monetized social networks.
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*Mucho mas compleja pero igual de fabulosa es una plataforma donde puedes crear contenido y recibir recompensas en la criptomoneda de esa plataforma, Read Cash es mucho mas simple y menos compleja para crear contenido pero todo se trata de consolidar las comunidades y atraer mas publico de las otras redes sociales monetizadas*
Video
https://youtu.be/5V_80PYRRoI
If you saw the video I thank you very much and thanks for reading here too, if you like it comment and give it vote
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*Si viste el video te agradezco mucho y gracias por leer también aquí , si te gusto comenta y dale voto*
Anticafe Experience Videos
Good morning friends, in this opportunity I come to show you how was our experience in the Anticafe in Venezuela.
In the video we can see a little bit of the scenario where we attended clients, this is just a practice to edit the videos, more videos will be coming.
https://youtu.be/IZN6gGl3NdQ
Thank you for watching this short video, if you like it give it a vote and share it with your friends.
Another unsuccessful attempt, this year's beautiful venture
**5 years ago began the migration of thousands of Venezuelans, I did not want to leave, I have always believed in my country, and this is not naivety, it is a feeling that always in your country you have many opportunities, but of course I knew that if I stayed I could not stop, I had to get creative, and well creative I was to start studying cryptocurrencies since 2016. In Venezuela there are still many opportunities and I had to explore all the ones I could.**
My last publication in read cash was more than 5 months ago, it is the time that I was under the administration of another dream that almost came true, together with my partner, @ramonoropeza We started a beautiful venture called Anticafepastisserie and thanks to the help of another friend, we managed to set up a wonderful project with one of the biggest challenges of our lives.
**Anticafepastisserie**
A coffee shop in Venezuela, which differed from all the others that existed, and to be better understood, an Anticafe is a coffee shop that is not against coffee, in fact we serve it for free, we are a thematic coffee shop, where we dictated several courses of Cryptocurrencies and several meetings of Bitcoin Cash, where several people learned to use BCH and also had a great time with us. We even opened a user named @Anticafepastisserie By the way, this was the first Anticafe of Venezuela, we are proud to have left a seed in the hearts of the inhabitants of this city.
We had a great time the day of the inauguration and we were with some friends who were involved in the construction of this wonderful idea.
Fortunately we had the advice of good professionals, and it was truly a wonderful experience, I remember the beginnings in December 2021, when we were just in ideas, and looking for places to establish ourselves, it was very difficult to explore our target audience and the location in the city, we ended up in a nice place with a good location, where we would have a lot of opportunity for growth.
**The beginnings were very difficult**
*Here we have a small repertoire of photos, in which you can see the beginnings, about 6 months ago.*
In these photos we can see the celebration of the contract where we risked our skin and we were dreaming of making a dream come true that in a country in crisis seemed impossible.
And the construction started, and we were able to create something beautiful that would give peace to each client, and we did it for 6 months.
We were invited to other companies' events, I remember that we were located in a place where nobody walked, we lost a lot of merchandise, but we became known.
And everything was almost ready to start, we inaugurated and the madness began, several curious friends came to eat my partner's breads, which by the way are delicious 200% recommended.
A nice place to enjoy a warm coffee, learn about cryptocurrencies and enjoy delicious breads
**meetings, workshops, events, we were very busy working with**
We always did bitcoin cash meetings and they always left with BCH $ as a gift.
***We had music, live talent for Father's Day in Venezuela, a special gift from us.***
And so the time went by these months, but we have had a lot of blows from the country, problems with water, electricity, internet, something that we had foreseen but still we didn't have enough money to pay for it.
If you want to know more details of what we did, look at our instagram, twitter, so you can see what we achieved, we marked the peace of several regular customers who loved to be in that place, all the effort was not in vain because we met beautiful and wonderful people.
**Instagram:** https://www.instagram.com/p/CfecBCiOC3X/?igshid=MDJmNzVkMjY=
**Twitter:** https://twitter.com/AnticafeP/status/1558211527693541385?s=20&t=XVt9FyzcjtYDWulWjLBY5Q
We left a communiqué to the whole community and it was accepted with affection and we had many manifestations of affection and sadness and that makes us happy because we met several good people.
***Press release***
*Dear Barquisimetano coffee lover, friends, Crypto colleagues, all the public in general; these are difficult times for everyone, some to a lesser extent others to a greater extent, and in these days, we have remembered the beginnings of the pandemic in which each member of the family had to make decisions to survive and most of the decisions were made by feelings, emotions and instinct, and the result of those decisions was mostly negative, because only rational decisions give good results.*
*The initiative to open a coffee shop was not an emotional or instinct decision, it was a sufficiently machined and analyzed decision, with all the risks assumed and calculated as of course do all entrepreneurs anywhere in the world, but unfortunately there are risks that are not calculated, health, personal issues, insecurity, social conflicts etc, and these did affect us much more than we could sustain.*
*The decision to close the First Anticafe of Venezuela is a painful decision because it was a shared dream of young people who were not willing to leave the country and we fought hard to achieve our dreams, and we believe very much and we have great faith that with what we learned we will succeed in a new project in the future.*
*Thanks to our friends, family, colleagues, regular customers, the curious, to all who were involved in this dream, not trying would have been worse, today we feel a great joy because without experience we achieved a business where we provide peace, tranquility, education, harmony, and warmth, we serve as a mental refuge for many and that is the biggest reward we have left, the social contribution, thanks Barquisimeto to the Divina Pastora and all who lived with us for 6 months this venture, a hug and many blessings to all.*
***Thanks for reading this publication, we will continue working hard to achieve our dreams, and we will continue fighting against the current despite everything, thanks to those who made this dream possible, which lasted a short time but was a great dream come true, we woke up with a reality harder than we imagined but we go out every day to earn a living like many in this country, and we will not stop fighting despite the coronavirus, despite the weather, despite the wars in the world, just as satoshi saw a way out in creativity we also continue fighting and being creative.***
It was nice while it lasted, we made friends and learned a lot, and the satisfaction that at least we did not give up until we had nothing left, we never lost faith and it hurt us a lot to have to give the sad news, but that's life, now we have to get up with a very big debt with life because we made unforgivable mistakes but we also have the courage to repair it at any cost and we will achieve it, we do not know how but we will achieve it.
**If you like it, vote, comment and share with your friends.**
**This is a publication with images, but soon you will have good videos to have fun with us.**
Meeting with Executives in Venezuela
Today we had a meeting in a nice place that rented its space to make this meeting, the place is called "La Mansion del Chivo" an old food and beer restaurant.
this year again come surprises for the community and we can say that we are preparing better and we are creating better ways of adoption, we pay attention to the observations of the community, and is that we need more business, to also more people who buy in these businesses, and we are already finding the solution, providing ideas but those who have experience in the street, also capturing the comments of the businesses that are already accepting and have criticisms sometimes healing and sometimes very destructive but help to strengthen the user experience.
talk again about the difference between bch and btc and also about the difference between centralization and decentralization.
We always have to talk about the philosophy of bch and satoshi, we always have to refresh our knowledge, and the moment was propitious for it.
soon we will announce the beginning of the campaign in my city, stay tuned
Again BCHouse does commercial adoption in collaboration with Satoshis Angel's.
Last year was a successful year for Venezuela, more than 100 companies started to accept Bitcoin Cash in their businesses.
This year we will start again the adoption on the streets, with new members more prepared and with more ability for questions and answers.
**Executive Education**
3 face-to-face workshops with the executives who will be on the street affiliating businesses.
All this with the purpose of training and perfecting the knowledge of the complex world of cryptocurrencies, as well as supporting current events such as the new cryptocurrency transaction tax law.
**Corporate Advisory**
Afiliaremos negocios y cumpliendo el proceso de adopción de Satoshi Angel´s. Entraremos y visitaremos las compañías o corporativas más grandes de Venezuela, esto con el propósito de anunciar el proceso de
Registro: Mapa de Bitcoin.com
Educación: Constante educación y actualización de los servicios de criptomonedas
Asesoría: Constante asistencia técnica para la organización de los servicios
New Tax Law for Cryptocurrencies in Venezuela
**The press release reads:**
Paying in dollars or cryptocurrencies in Venezuela will be expensive. The Reform Law approved in first discussion by the National Assembly so establishes. The transactional dollarization, which to a great extent provided a breath of fresh air to a hyperinflationary economy such as the Venezuelan one, will be punished by the Maduro government. At least that is what is hinted at in the Reform of the Large Commercial Transactions Tax Law.
Upon completion of the reform, transactions in dollars or cryptocurrencies, other than the petro, will have to pay a tax that could reach up to 20% of the value of the transaction, as provided by the National Executive, according to the National Executive.
But do not let the name of the Law deceive you. The reform of the Large Commercial Transactions Tax Law is aimed at all transactions, not only large ones. Or at least we are talking about all transactions involving the country's private sector and the ordinary citizen, who in recent years, and motivated by the Venezuelan hyperinflation, has replaced the bolivar for the dollar and even for cryptocurrencies as a way to take refuge and avoid devaluation.
Then, any citizen who wishes to pay in any commercial premises with foreign currency or cryptos must pay this tax, and if we take into account that the latest data published by the consulting firm Ecoanalítica point out that 65% of commercial transactions are paid in foreign currency in the country, then the tax tucks most Venezuelans.
What does the Law say?
The Reform of the Law was specifically made to include a tax on all transactions in dollars and cryptocurrencies made in the country.
This reform states that payments in foreign currency or with cryptoassets other than the petro made by any natural or legal person, through the mediation of a financial institution, will have to pay a tax that may comprise between 2% and 8%. However, while the Executive establishes the rate to be paid, it will remain in the range of 2.5%.
Link spanish: https://tuflashnews.com/pagar-en-dolares-sera-mas-caro-nuevo-impuesto-que-trae-maduro/
**Analysis and summary**
In Venezuela we have never paid taxes on physical commercial transactions with fiat, in fact there are people in Venezuela who are born and live to be 80 years old and never pay taxes, that is a reality.
Most people pay VAT: or value added tax, basically, if a kilo of sugar is worth $1.00 plus VAT it would be $1.02 and this is the normal taxes we pay for years.
All persons wishing to pay a with $ Cryptocurrency, Digital Dollar, Dollar Bank or Cash must pay from 2% to 20% on the value of the transaction.
If a market comes out at a total of $60 then you will pay: up to $66 or more depending on how you pay.
**Problems for cryptocurrency adoption**
In Venezuela there are more than 2,000 businesses that accept Bitcoin Cash, Dash and other cryptocurrencies directly without intermediaries, and approximately 20,000 businesses with Cryptobyer which is an exchange with points of sale with cryptocurrencies, in short, we are one of the countries with more commercial transactions in cryptocurrencies in the world.
We who have experience with business owners on the street know their words and their needs. For example, an entrepreneur does not want to pay taxes because they made a heavy investment and need at least in a period of 1 year to recover at least half or all of the investment, while an entrepreneur with years of business has no problem in paying taxes because it is normal for him to pay taxes.
Now businesses will see a reduction in the number of people paying with $ or cryptocurrencies, but this is only speculation, there is still no confirmation and there is no protocol to record transactions, it is a matter of time to know, but now we have to clarify certain doubts and give security to new businesses.
**This is the Naturalization of Adoption**
This new law affects but puts on the discussion table something very important, that the government is recognizing that something incredible is happening with cryptocurrencies in Venezuela and helps to naturalize their use, so it is a recognition of something irreversible something that is already impossible to stop.
**Tax Security**
The most difficult companies to convince to accept BCH are the large corporations, they handle many protocols of their administrative structure and of course they are the most bureaucratic, with the obligation to pay taxes then these large corporations must learn to manage their financial structure also with the blockchain that is very positive, because now they have the security to comply with public expenses and a legal obligation
I think that if we know how to handle the advice and informing ourselves with the real sources we can take advantage of it, for the moment we can not simply adopt cryptocurrencies and that's it, we must know in depth how this new law will be applied.
*I will be reporting back*
My Experience in Adopting Venezuela in the year 2021
I remember that I started doing adoption in my city in 2018 with the Bitcoin Cash Fund was consolidated in those times there was no regulation in any country for cryptocurrencies or they were of little influence in finance.
Venezuela was practically on the floor, sunk in hyperinflation and a terrible shortage of food products, My knowledge of cryptocurrencies was limited to the language and the market did not favor good publicity for cryptocurrencies.
Bitcoin Cash Fund disappears and the adoption disappears in my city, we could only affiliate 4 businesses in a period of 3 months, it was really difficult, they kicked us out of the businesses and made fun of us.
some people treated us with kindness others were simply afraid.
**Improvements in news**
Cryptocurrencies became a necessity in Venezuela and little by little the majority of the population had no choice but to learn about cryptocurrencies to escape the terrible crisis, We were still studying and little by little the internal problems of BCH were passing to not go into those details, until the regulation arrived, and the big institutional investments achieved a BTC at more than 20.000$ with constant historical maximums on a weekly basis.
**The year 2021 Pandemic and Popularity**
Thousands of whales and international institutions, more positive government regulation made cryptocurrencies popular and it was practically a green year, facing the coronavirus crisis and saving lives.
The great adoption and enthusiasm of Venezuelans to learn about cryptocurrencies began.
We had to formalize our consulting and outreach capabilities, and we grew our staff and created employment opportunities, Gradually our adoption map grew, and when one food vendor accepted the other food vendors also wanted to adopt the food.
**The team grew**
Thanks to Satoshi Angels the massive adoption was advanced in Venezuela, with the launch of the rewards program and the connection with Venezuela through Bitcoin Cash House, we were able to create an environment of trust and harmony
Cabs, pizzerias, bakeries, markets, entrepreneurs, hot dogs, hamburgers, coffee shops, etc.
*Today there are more than 100 businesses but not everything is rosy as we would say in Latin America.*
**About the Problems**
**Education:** The world of cryptocurrencies is very complex, and in 1 hour we cannot explain what it is about and also convince them to accept it in their businesses, places where they have left their dreams, or it is the project of their whole life.
**Rejection:** There are people who reject cryptocurrencies, mostly because they believe it is a scam, others have already been scammed and others are simply afraid.
**Lack of customers:** There are few people on the street who have BCH in their wallets, there are a lot of people who almost have fiat in cash and mostly use debit cards
**In time they stop accepting:** We have several businesses that after 2 or 3 months stopped accepting cryptocurrencies because they had few or no customers paying with cryptocurrencies
**More incentive for companies or entrepreneurs:** We offered them good publicity and free and constant advice, but they were not motivated, they did not want to attend the workshops, they did not want to get information.
These are some of the excuses or problems we have here in Venezuela, at least with those we have been able to keep in touch with, some entrepreneurs stopped selling, others simply closed, others could not keep their doors open.
**Now I ask you**
How do you think adoption can be improved?
How can we avoid these problems?
Do you already accept bitcoin cash in your business?
Better Money Vs Digital Gold
earn money? what are the risks? is your thought here to earn bitcoin or multiply your fiat? what is your goal, what is your plan? how to earn more cryptocurrencies?how to avoid risks, what else should i study? can it change my life?
**Earn money?**
To earn money you have to: STUDY AND BE CREATIVE, I don't know a person in the world who earns money or becomes a millionaire without studying, planning, or being creative.
*With cryptocurrencies you have to STUDY A LOT*
what are the risks?
In the world of insurance and real estate business, there have always been risks, is a main feature of long term business and with Cryptocurrencies you have to make an important decision, time will pay you back for everything, risk brings with it opportunity, but also loss, study to know the risk but get creative to take advantage of that risk.
**is your thought here to earn bitcoin or multiply your fiat?**
If you are in the cryptocurrency world to grow the fiat money you have in the bank then you have to work out a strategy outside the cryptocurrency world, because you are not in the same philosophical line as Satoshi.
It is your decision to use cryptocurrencies to earn fiat, it is your decision that is not part of the structure, if you lose money it is your plan, it is your control it is your time.
The philosophy of cryptocurrencies is DECENTRALIZED MONEY outside of fiat, outside of banks is a new life with bitcoin, it is using bitcoin to buy a candy, a plane ticket, etc.
**what is your goal, what is your plan?**
So what is your plan in this digital world? it is something completely individual, you decide what is your strategy, your time, your money, your patience, do not let someone else do it for you, neither a robot nor a person or a youtuber, you have to study and prepare yourself.
**how to earn more cryptocurrencies? how to avoid risks, what else should i study? can it change my life?**
HOW TO EARN MORE CRYPTOMONDS that is a good plan, instead of earning more fiat, it is better to earn more cryptocurrencies, Avoid surrounding yourself with people who tell you that you have to sell your house to invest in cryptocurrencies, think of cryptocurrencies as the new money that will serve for your life for your security and for your future and you will see how your life will change, study the philosophy of cryptocurrencies, study the schools of economics and then you will see the truth of the world around you.
In SUMMARY Bitcoin Cash is the cryptocurrency that shows you every way to live better and with more freedom with Satoshi's new technology, if you are reading this, keep learning because you are in the right place.
**Bitcoin is not Digital Gold**
It is a SPECULATION strategy, speculation and good investment can be viewed in very different ways, and everything has relativity of strategies and everything has immense risk.
Example: Elon Musk with a Twitter made the price of BTC go up, then with another Twitter made the whole market go down, it's a safe investment??????????
if we see BTC as gold then this asset will depend on world situations and events, while if we see it as Satoshi then it will be much more secure and you will be truly free.
Today is my 33rd birthday
33 years old is the age of Christ, do you think I should die of Beer 😅😅and be resurrected in 3 days? ? Too bad I will die from so much work and I will try to resurrect in 3 days 😰😰
But this day always represents for me, a good start of the year, so from now on I just know that I will be in productive mode with more maturity and more awareness.
My best gift will always be
To be healthy
To study
Work
Teaching
these are fundamental pillars, today is just another day for the world, but it is my day, thank you.
Adoption, Savings or Investment
How much to start with Bitcoin?
Is it a scam?
Why is everyone talking about it?
Why do some people tell me that I should start with $300?
Satoshi Nakamoto invented Bitcoin as a SAVINGS SYSTEM FOR SPECULATION ????
*To begin with, every person who tells you that to enter the world of bitcoin you have to invest, is a person who is scamming you and will make money with your investment.*
To start in the world of cryptocurrencies in a healthy way, you have to study 2 things
The Bitcoin White Paper
The economic philosophy of bitcoin
In the economic philosophy you will discover a specific characteristic of your life, my life and the lives of millions of people on the planet.
***Money Centralization***
***Money Decentralization***
After understanding everything, you will realize that something strange is going on in your mind. The economy is not the way it was told to you on TV or in school.
At this point you will begin to judge the world, your family, and the money you have in your hands will no longer be perceived the same way.
Now... at this point you will not yet have gone into the technical details nor will you have made an investment, and it is possible that 2 weeks of study may have passed.
You have not yet touched on these points that the scammers have told you.
After you have understood the philosophy of Bitcoin, and know THE TRUTH of the Economy then, you will begin to enter a world of very complex technology and most of us call it Blockchain is like an accounting notebook but virtual, now for you to understand it is like MATRIX.
Blockchain is a registry program where transaction data is kept with copies in thousands of computers around the world, and this system helps to shield the security against those who want to alter the structure for their benefit, there is no server but there are millions of copies and that is why it is virtually impossible to alter, because you would have to alter all copies.
So you know the Philosophy and the Technology and you know that it is SAFE and it is possible that more than 2 months have passed.
At this point, you may be asking, and when I go to invest????
And those who have already invested, do you realize that after 2 months we still have not invested?
**If you studied Bitcoin for 2 months you already realize that you have to make an important decision.**
This is where you have to take the red or blue pill, either you use bitcoin to EARN money or you USE it as BETTER MONEY.
Everything here is already subjective, if you read the white book you already realize that you have better money without banks and with thousands of possibilities and if you need money you already see that you have to use it and have it as a source of savings, of course with all the risks that exist ... and speaking of risks
Make Money ? what are the risks ? your thought here is to earn bitcoin or multiply your FIAT ? what is your goal, what is your plan ? how to earn more cryptocurrencies ? how to avoid risks, what else should I study ? can it change my life ?
This will be continued ...
Vitalik says BCH is a Failure
We started the year with a small discussion on the social network twitter where the renowned developer and founder of Ethereum Vitalik Buterin stated that today he considers BCH as a failure.
**Specifically, the Twt notes:**
I think that as a community we cannot ignore what Vitalik is trying to say, on the contrary I think we should analyze our position as fans and as long time users of this excellent cryptocurrency.
**BCH Failure? and Ethereum?**
Ethereum is an amazing Software or Program, everything you can imagine you can do with Ethereum not for its currency for the Ether is crazy with its little big problem called Gas feed.
But I think Vitalik has to pay much more attention in his work, because for example BCH and its developers managed to have SmartBCH a huge achievement and by the way a danger for Ethereum
**Let's go a little bit into Vitalik's history with BCH**
You say today that BCH is a Failure after we went through the hash war that took BTC to be worth less than $7,000 and then with the Amaury Séchet and BCH ABC fights where BCH got to be worth less than $200 there was never any opinion.
But today when BCH has thousands of businesses accepting BCH in many countries, when the development is growing, when we launch Smart BCH you say it is a failure?
If we look at the history, Vitalik favors the philosophical vision of BCH and understands the nature of Bitcoin which inspired Satoshi Nakamoto to create a P2P electronic payment system.
You may notice that Vitalik has a history with Bitcoin Cash and that he also openly supports the philosophical argument ... clear in this current context, I must say the following in his favor:
Vitalik supported BCH and its developers among them Amaury Séchet who at the time was the main leader of BCH and then for the year 2020 was the one who caused another internal conflict among the Bitcoin Cash community after wanting to become a millionaire with a percentage for mining BCH claiming that his work did not have good income money, his ambition was evidenced and ended up causing another fall in the value of BCH.
Today vitalik will say, that in BCH they are used to fights for money and power, and that there are notable struggles for the continuity of a project that benefits thousands of people morally but that the leadership that at least helps to keep the project alive is also being neglected.
In one of our community chat, a user says: "vitalik with that comment is putting BCH developers on alert" and I support this comment at all, there is still much to develop in Bitcoin Cash and we can still grow much more, the historical value of BCH exceeds $ 3,000.
I myself was in those times when BCH was the second most popular cryptocurrency and with more capitalization in the market, can we be there again? I think it does not depend much on us as a community and developers, it depends a lot on the public opinion, on the events.
**Why isn't Bitcoin Cash in Coinmarketcap's top 10 today?**
On December 31 I talked to the son of a neighbor of mine, he is 15 years old, and my neighbor is 44 years old, for years I tried to explain to the father about bitcoin and he never wanted to learn. The 15 year old son today plays all kinds of P2E games and earns 100 or 200$ a month depending on his time.
I asked the little 15 year old what Bitcoin was and he has no idea, he only told me that it is used to buy tokens in Binance but nothing else.
The same goes for thousands of people in the world, their only goal is to increase their FIAT they have no intention or care about the p2p e-money project.
and that is why BCH is in the position, because we are behind a noble project.
Example: ***which bank, corporation, investment fund or government is interested in the poor people in Africa to have a Free Bank???***
The only interest is to multiply fiat and we are doing a lot of impact work, but it is a lot of philosophical impact, it does not have a speculative impact even though BCH is much cheaper for any investor or corporation and government.
this is a sad truth
Soo I leave the following questions
Why does Vitalik make this comment about fights?
Do you think BCH is a failure because it has not reached its historical high?
What do you think about vitalik's comment?
How can we take advantage of Vitalik's comment ?
Happy New Year to all
From Venezuela to the whole world, I wish this last day of the year, a Merry Christmas and a Happy New Year.
May the work and successes to come continue, I love you all very much.
Next year, surprises are coming
***Comment here what you wish for the coming year***
More of the 50 Business Affiliates in 3 Months
**50 businesses was our goal for**
**October**
**November**
**Decembe*****r***
we had the goal of 50 businesses in these 3 months, we already exceeded it, and we are very happy, thanks to the BCHouse team in Barquisimeto this is possible.
You can count the deals yourselves on my twitter:
https://twitter.com/BchBarquisimeto
I will leave you a screenshot with the business processed and ready.
**The year ended**
Thank you @SatoshisAngels @AkaneYokoo @blancomorao @btcfork @emergent_reasons @Omar @MarcDeMesel @JonathanSilverblood @SofiaCBCH And some of the others that are always present to grow in knowledge, I think this was a year like no other for Venezuela with Bitcoin Cash.
By the way, the team of @georgedonnelly It is also doing an incredible job, I think all these numbers fall short, because now we have more business registered than in all the years that it was done with other cryptocurrencies.
the documentary I made, was my farewell to close the year, because in 2022 I want to add more business, but bigger and more serious companies.
It will not be easy, of course, but I believe that with a well planned strategy we can achieve it, now it is about quality and not quantity.
5 large corporations have much more impact on the level of trust than 20 entrepreneurs, who operate at great risk.
Thank you very much to all of you who stayed tuned to my social networks, I am just one of several great thinkers who believe that the economy is free and that bitcoin cash is the way forward.
Bitcoin Cash Documentary in Venezuela in English
Now you can watch the first native English-language Bitcoin Cash Documentary in Venezuela.
https://youtu.be/HC6C5tK3iWo
Thanks to the @SatoshisAngels For helping me with the translation
If you like it Vote here and share with your friends to let them know the reality of Venezuela.
Merry Christmas to everyone
These are important days to reflect, I ask everyone to take a minute to organize your thoughts and forgive everyone, I also ask you to enjoy and rest these days to recharge your energy ... I love you all.
Remodel my Home
**For 15 days I was working on the front of my house, it had more than 10 years without repair, the truth is that I am very happy with the result.**
You can see the two other publications where you can see the progress of the construction.
https://read.cash/@BCHouseVE/after-10-years-im-going-to-remodel-the-front-of-my-house-bb176f64
and then in the middle of construction
https://read.cash/@BCHouseVE/remodeling-my-house-75a855f8
I am very excited because I was able to do it this year and thanks in part to what I have earned here in read cash. Read Cash is a haven for me, because I know I can earn for publishing the things I like to do, and for that I am super happy.
The inside of the house was also repaired, the truth is that today I can say that I have a new house, and that fills me with peace of mind for the next year.
Thanks to everyone who voted on my posts, and thanks for commenting as well.
**Business adoption continues, in fact we have already surpassed the goal of 50 businesses, but that is for another publication.**
Remodeling my house
I think we are on the right track, I am a lawyer and a teacher, but I also have experience in construction, and it is nice to do a job for your house, it fills you with pride.
We are making a lot of progress, but these are details that require patience, fortunately I have good help from experts.
Some expert neighbors are helping me and like me they took the construction for themselves, and we were able to solve some details after more than 10 years without repair.
If you see the other publication you can compare the details here and get a better view, tomorrow we will finish the last details for Monday.
**Business adoption work continues**
We have almost reached our goal of 50 businesses accepting bch in addition to the more than 100 businesses processed throughout the year.
Thanks for reading, if you like it give it a vote and share with your colleagues, follow me to see more quality content.
After 10 Years, I'm Going To Remodel the Front of my House.
I started this adventure, but it is the gift I want to give to my mother for Christmas, and after 10 years without being able to do anything at construction level I have decided to do it this time.
**More than I expected**
Of course, what I thought would be just painting, and fixing a few things, turned into a real adventure. We discovered a lot of cracks, and too much deterioration throughout the structure, some parts can be fixed but others definitely need to be replaced with new ones.
I started by uncovering everything, and removing everything that was deteriorated to work from the root, I have a good idea to solve the problem of moisture where I live, the walls suffer from dampness.
I hope I don't have to destroy more because prices may continue to rise... If anyone is kind enough to help it would be appreciated thank you very much.
I will keep my community updated on this christmas gift I will be giving to my mother.
First Documentary on Bitcoin Cash adoption in Venezuela
The city of Barquisimeto Venezuela is located in the west central part of the country, and is the fourth most populated city in Venezuela, with a population of more than 1,059,092 people.
**Watch here the documentary** 👇👇👇👇
https://youtu.be/GzGxGsqkdNI
In this Documentary you can listen to ordinary people talking about Bitcoin Cash and the benefits, they know that the world of cryptocurrencies is the future, and I believe we are planting the seed.
I want to thank everyone who made this work possible in the year 2021 in Venezuela. Thanks to @SatoshisAngels @blancomorao @AkaneYokoo for being a team of high prestige in the world of Bitcoin Cash and for supporting us in everything necessary to affiliate all these businesses.
If you liked this documentary, comment and give me your opinion, I need to know what you can contribute, what solutions you offer, what are your ideas and give it a vote so that we can continue working.
@BCHouseVE
