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@John1st

Joined 20 October 2021 · 4 posts

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@John1st

The rise of bitcoincash begins The rise of bitcoincash begins  Bitcoin Cash is the result of a long-running feud between several factions within the Bitcoin community. The point of disagreement is adaptation. As Bitcoin has grown in popularity, the organization's exchange speed has slowed. The number of transactions on the square chain has increased considerably as more people use the system. The supporters  There were two types of Bitcoin supporters: those who supported large squares and those who supported small squares. The Bitcoin Cash supporters believe that Bitcoin's primary purpose is as a medium of exchange for commerce, whereas the Bitcoin supporters believe that Bitcoin's primary use is as a store of significant value. Bcash (Bitcoin Cash) is another name for Bitcoin Cash. The cryptographic money is referred to by its detractors as Bitcoin Cash. While its supporters insist that "it is the purest form of Bitcoin.  Any individual who possessed bitcoin at the hour of the fork got a similar number of Bitcoin Cash units. The mechanical qualification between Bitcoin Cash and Bitcoin is that Bitcoin Cash's blockchain takes into consideration bigger squares than Bitcoin's, permitting it to deal with more exchanges each second in principle. Bitcoin Cash was the first of the Bitcoin forks, in which programming engineers adjusted the first Bitcoin PC code and made coins utilizing the name "Bitcoin," determined to make "cash out of nowhere. Anyone who had bitcoin at the time of the fork received the same amount of Bitcoin Cash. Bitcoin Cash's blockchain considers larger squares than Bitcoin's, allowing it to process more transactions per second in theory. Bitcoin Currency was the first of the Bitcoin forks, in which programmers modified the original Bitcoin PC code and created coins bearing the name "Bitcoin," with the goal of creating "cash out of nothing." The inevitable future  The price of bitcoin cash is fluctuating on a steady note week after week, with no obvious signs of crucial energy on one side or the other. Volume, on the other hand, is also reduced, implying that an inversion will require steady development. Over the course of the 4-hour time period, the specialized borders are gradually displaying a blended or sideways pattern. The BCH cryptocurrency is currently trading at $495, up +0.39% on the day, with a volume-to-showcase-cap ratio of 0.0125.x Bitcoin Cash's unavoidable fate is intriguing, given the coin was designed to be a companion to Bitcoin and would have liked to remedy the latter's shortcomings as a medium of exchange. In any event, Bitcoin's rise to prominence as an asset rather than a currency is testament to its success. To that end, there is a growing desire for cryptographic forms of money to behave more like sound financial principles. Bitcoin Cash has the same name and history as Bitcoin and can be thought of as the coin's after-fork interpretation. In any event, since August 2017, the way Bitcoin Cash has operated has been rife with snark. Many people do not see the value in how the middle has been made about shaming Bitcoin rather than driving the coin. In light of its erratic character and potential to enter the conversation more in the next years, as well as the need for a more valued Bitcoin, Bitcoin Cash offers a remarkable entrance for monetary supporters and merchants to acquire cash. It justifies looking for a phase that suits you to take benefit of Bitcoin Cash and start depositing and trading computerized money.

@John1st

The story behind bitcoin 💎 Who Satoshi Nakamoto: who is he Nobody really knows who invented bitcoin, at least not definitively. The moniker Satoshi Nakamoto is connected with the person or group of persons that published the first bitcoin whitepaper in 2008 and worked on the first bitcoin software in 2009. Many people have claimed or been suggested as the real-life people behind the pseudonym in the years since, but as of June 2021, Satoshi's genuine identity (or identities) remain unknown. 9 Although it's tempting to imagine that Satoshi Nakamoto is a lone, quixotic genius who invented bitcoin out of thin air, such innovations rarely occur in isolation. All great scientific breakthroughs, no matter how novel they appear to be, are based on prior research. Adam Back's Hashcash, invented in 1997, was followed by Wei Dai's b-money, Nick Szabo's bit gold, and Hal Finney's Reusable Proof of Work, all of which were antecedents of bitcoin. 10 Hashcash and b-money, as well as a number of other studies from a variety of domains, are cited in the bitcoin whitepaper. Many of the people behind the other projects mentioned above have been linked to the creation of bitcoin, which is somewhat unexpected. There could be a number of reasons why the creator of bitcoin chose to remain anonymous. Privacy is one of them. As bitcoin has grown in popularity and become a global phenomenon, Satoshi Nakamoto is expected to attract a lot of media and government interest. Another explanation could be bitcoin's ability to destabilize the current banking and monetary institutions. If bitcoin becomes widely used, it has the potential to outperform national currencies. Governments may be compelled to take legal action against bitcoin's originator because of the threat to existing money. Another argument is that it is necessary to be safe. In 2009, 32,489 blocks were mined, resulting in a total payout of 1,624,500 bitcoins at a reward rate of 50 bitcoin per block. It's possible that only Satoshi and a few other people were mining bitcoins in 2009, and that they now own the vast bulk of the cryptocurrency. Someone with so much bitcoin may become a target for criminals, especially since bitcoin is more like cash than equities, in that the private keys required to enable spending can be printed out and put under the mattress. While it's likely that Satoshi would take efforts to prevent any extortion-related transfers from being traced, keeping anonymous is a good approach for him to reduce his exposure. Bitcoin as a form of payment  Bitcoin can be accepted as a means of payment for products sold or services provided. Brick-and-mortar stores can display a sign saying “Bitcoin Accepted Here”; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touch screen apps. An online business can easily accept bitcoin by adding this payment option to its other online payment options: credit cards, PayPal, etc. El Salvador became the first country to officially adopt Bitcoin as legal tender in June 2021.11 Bitcoin Employment Opportunities Self-employed individuals can be compensated for work relating to bitcoin. There are a few ways to do this, including creating any internet service and adding your bitcoin wallet address as a payment method. There are also various dedicated websites and employment forums for digital currencies: Cryptogrind unites work searchers and imminent managers through its site.  Coinality highlights occupations—independent, low maintenance and full-time—that offer installment in bitcoin, just as other cryptographic forms of money like Dogecoin and Litecoin.  Jobs4Bitcoins is important for reddit.com.  http://reddit.com BitGigs  Bitwage offers a way of picking a level of your work check to be changed over into bitcoin and shipped off your bitcoin address. The most effective method to Buy Bitcoin  Numerous bitcoin allies accept that advanced cash is what's to come. Numerous people who underwrite bitcoin trust it works with a lot quicker, low-charge installment framework for exchanges across the globe. Despite the fact that it isn't supported by any administration or national bank, bitcoin can be traded for conventional monetary standards; truth be told, its swapping scale against the dollar draws in likely financial backers and brokers inspired by cash plays. For sure, one of the essential explanations behind the development of computerized monetary standards like bitcoin is that they can go about as an option in contrast to public fiat cash and conventional items In March 2014, the IRS expressed that every single virtual cash, including bitcoin, would be burdened as property as opposed to money. Gains or misfortunes from bitcoin held as capital will be acknowledged as capital increases or misfortunes, while bitcoin held as stock will bring about customary additions or misfortunes. The offer of bitcoin you mined or bought from another party, or the utilization of bitcoin to pay for labor and products, are instances of exchanges that can be taxed.12  Like some other resource, the rule of purchasing low and selling high applies to bitcoin. The most famous method of accumulating the money is through purchasing on a bitcoin trade, however there are numerous alternate ways of procuring and own bitcoin. Dangers Associated With Bitcoin Investing  Despite the fact that Bitcoin was not planned as an ordinary value venture (no offers have been given), some speculative financial backers were attracted to the computerized cash after it appreciated quickly in May 2011 and again in November 2013. Hence, many individuals buy bitcoin for its speculation esteem as opposed to its capacity to go about as a vehicle of trade.  Nonetheless, the absence of ensured worth and its computerized nature implies the buy and utilization of bitcoin conveys a few intrinsic dangers. Numerous financial backer cautions have been given by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB), and different offices. The possibility of a virtual cash is at this point novel and, diverged from ordinary endeavors, bitcoin doesn't have a truly amazing long stretch history or history of legitimacy to back it. With its extending commonness, bitcoin is ending up being less exploratory reliably; still, after only 10 years, all high level pp structures stay in an improvement stage. "It is fundamentally the most raised risk, best yield adventure that you may maybe make," says Barry Silbert, CEO of Digital Currency Group, which manufactures and places assets into bitcoin and blockchain companies.13

@John1st

When will this end This is what is happened in lagos Nigeria yesterday the whole state is in chaos there are protesters everywhere fighting for the right of Nigeria and also justice for those youths that were murdered last year 20/10/20 is a bloody day to remember history it indeed a sad day that the nation will never ever forgetin Nigeria There are different security forces all around rounding up protesters beating them up for protesting the situation is really bad but the shocking part was when the governor of lagos state talked on Wednesday in a meeting with Arise News at first he was saying the opposite of the event that occur and saying there was no casualty and later in the the same governor said his deep condolences to those who lost their love ones Omotoso denied Sanwo-Olu prevented occasion focuses from leasing their offices to coordinators of projects recognizing the October 20 commemoration. The official revealed that the lead representative really intervened when such case was recorded. He reviewed how a few organizers of a commemoration gathering visited the lead representative a few days prior. The residents griped they were being hindered from utilizing the Landmark Center in Oniru. Omotoso said the lead representative quickly set a call up with the administrator. The man expressed that the lead representative never gave such request, adding that they had not represented a while. "This was to the becoming aware of the dissent coordinators that came to submit the question. Police harassed a lady during protest POLICE HARASSED A LADY DURING PROTEST yesterday a lady was being harassed by the nigerian police force just flying a drone taking a video of the protest she was being harassed by the same police that swore to protect it citizens now where is she going to file a report  several young men were also arrested during the protest and also some beaton up brutally by the police is this what we call justice a nation were only the rich and powerful has the voice a country where they make sure the poor has to die so the rich could survive this as being going on for 25 year which when I was born I have grown up in this same system but now I think time for things to change now this a war between the government and it people but since the government has decided to kill it own people using our military forces against us And it time for the youth to fight back and take back our country. The sacrifice we will never forget During the last year protest lots of youths were killed by the army, police and lots of other Nigerian forces young beautiful and elegant men and women whose parents are at home waiting for their kids to come back home which is never going to happen it a really painful incident to remember those who died were mostly students and unemployed graduates newly wedded couples were also killed and now they expect the youth to forget about this a just sweep this under the mat but the truth is out and no one is going to forget those loss They were trying to give us that freedom that breakthrough we need to make this nation great again but if there is one thing I can assure you of is that Nigeria is in blood and it just the beginning the won't give up power the youth will have to take it with force. The revolution has just began is time for we you to fight for our freedom and right time to take our place in this country so one day the upcoming generation will be happy and be proud to be a Nigerian and we all can this home sweet home.

@John1st

Get to know me Hello guys my name is John west and it my first time on readcash I will love to share about my life experience and a lot about myself to get you all to understand me. Education I am a student of the university of Lagos Unilag I presently studying bio chemistry and really putting alot of effort in my studies so I could top my class and be the best my school is really popular and filled with a lot a student and friends which improves my learning potentials also have roommates who are all so my best friends school is really interesting and accommodating i been having good and nice experience tho sometimes it can be be stressful but it all worth it. My favourite meals Well in the morning when it breakfast what I love having the most is cereals which I can take for a month only breakfast then for lunch I love having shawarma which is really great it tastes so good and makes my day or I would have the Nigerian native food like amala which Is also pretty amazing with goat meat then for dinner I can't really say tho cause I eat different types of foods in the night like noodles and egg pizza rice and so more those the best dishes that are my favourite . My favourite colour I really love to talk about my favourite colour alot because many seems not to understand this but my favourite colour is black yes I mean black one black is not a colour it really the absence of light and everywhere you are you can see it anytime which makes the most invisible colour black also black matches anything any design so that's it. About my family I still have my father, mother ,and also two siblings all well and healthy well lived together before I went to school and decided to move on with my studies my siblings two brothers who are really stubborn and troublesome sometimes it better when they not around but after some days in school I really miss them well my mother is the type that stays cool no matter what her children that's her first priority nothing else matters my is a very discipline man with around everything remains calm till his gone so I am really to come from such a family. Thanks for reading