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@GeneralProtocols in January 2021

@GeneralProtocols

What happens to BCH once we close the payment loop? This is a translation of Bruce Lee's in-depth analytical piece on AnyHedge that went viral with about 3 million views on Weibo. https://weibo.com/ttarticle/p/show?id=2309404585030830653573 What will BCH look like when we close the payment loop? In a closed payment loop, all circulating BCH in the economy does not need to be converted into fiat to be spent, and BCH is used for every transaction. It’s the utopia many BCH…

@GeneralProtocols

关于anyhedge协议以及BCH是如何成为价值存储的 作者: LeoBeltran 原始版本:https://read.cash/@LeoBeltran/about-the-anyhedge-protocol-and-how-bitcoin-cash-is-already-a-store-of-value-afe831f6 有一种极端观点经常出现: 比特币必须成为银行和金融机构的储备货币,充当这些机构组织之间的“结算层"。他们说,只有当这种情况发生后,比特币才算完全实现了终极目标。 但是,从供需关系的规律可以得知,如果tx(链上转账数量)达不到现在的成千上万倍,比特币几乎不可能维持在一个长期稳定的价值,让用户在未来进行高效的投资和储蓄。 出于这个原因,我们可以粗略的推测,现在的比特币已经成为了纯投机工具,那些支持它的人的首要目的是赚钱,而不是让比特币取代现有的经济体系。总的来说,每个人都有自由按照自己喜好的方式去赚钱,这没有错。但是使用误导性的言论去说服新手和缺乏经验的投资者,并且故意忽略比特币的真正目标,至少是应该受到谴责的。…

@GeneralProtocols

The Wonders of AnyHedge - Stabilize Synthetic Assets on the BCH Blockchain This is a translation of Bruce Lee’s second, in-depth analytical piece on AnyHedge. It deals with stabilizing other assets against BCH. Link to original article below. https://weibo.com/ttarticle/p/show?id=2309404594811465237037 `Author | Bruce Lee (Please credit Bruce in reposts)` `WeChat: BCH爱好者BruceLee` `Weibo: BCH爱好者BruceLee` Preface After my last article that went viral, many know that AnyHedge…