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2020 roadmap to busting small blocker myths about Bitcoin and others
This will be the anchor article to break the myths this year 2020, there are some myths about how Bitcoin cannot scale or cannot otherwise work as Satoshi intended.
These myths were successfully used to stall the scaling and adoption of Bitcoin, until Bitcoin Cash present days.(well, came about through the blood, forks, drama and tears of a lot of the early adopters and proponents of free tax on-chain scaling).
I will be updating the list of myths as this progresses, based on the community's feedback in comment.
So make sure you are able to obtain an SLP address for yourself! (get the Bitcoin.com Wallet, Crescent Cash wallet or Electron Cash SLP edition, all of which support SLP tokens)
Commenting is free on read.cash, and good contributions will be rewarded by myself here, as I see this myth-busting article series as a collaborative writing project to which we (BCH community) can all contribute.
There is no wealth like knowledge, and no poverty like ignorance. -Ali ibn Abi
Buen artículo. En efecto, Bitcoin no está respaldado por otro activo ni por una autoridad centralizada, pero eso no es algo malo. Por el contrario, asegura resistencia a la censura. Bitcoin (y también Bitcoin Cash) es valorado por sus cualidades, no por su respaldo, mientras que el dinero estatal es "valorado" porque los demás lo usan bajo amenaza de violencia.
The article is good however this is not a myth. The Bitcoin Scam Revolution may have happened before but cryptocurrency activities are already legal in the Philippines. A myth is something debatable, an argument or something like that.
Oh. I see. Thanks for the info. I just tried to write something about it because I thought that is one of the hindrances why it was hard for me to onboard people into the BCH community. If it doesn't qualify as a myth for the contest, it's okay. 😁
There are a couple more pretty common myths not listed here that I was considering writing full articles about if I have time, or anyone else could:
Bitcoin is a waste of resources (this is only true if all that energy is used to confirm a very limited amount of transactions like with BTC)
There’s no need for a cryptocurrency for small payments since fiat works for those (small is relative, not everyone has good access to fiat money even for their small payments, and even if they do it likely still has worse fees than BCH)
And my SLP address
simpleledger:qqejgmeg5wyjfxex5xrc0hrlj3w9ef2deunp4e5a3l
This is my first time doing this and if there's anything that I can improve, please tell me because I also plan to debunk another myth if I can make it in time :)
Great!! I am excited to see u here, you can invite some friends as well. All participants will receive Mythhunter tokens for the final BCH airdrop to token holders.
Actually, I already invited them to join the competition after I saw your post last night in noise.cash and gave them some few examples of mythbusting articles published in this platform but I didn't get their interest.
I have only written because I want to try :) the competition last year was fun and it helped me understand more
Backing means that an institution holds some stuff in equal amount to their paper (or coins) and peg the value of their papers (or coins) to that stuff. They buy the paper and sell the backing, or buy more backing and create more paper. Example: Gold back national money of days far gone, or the tether stablecoin.
Bitcoin is unbacked, like gold, and the dollar, and like gold, real resources need to be expended to create new units. That is what makes the money sound.
La participacion es libre, aunque considero que tiene q ser muy bien argumentado para captar la atencion de los votantes. Depende de varios factores y la exposicion que tenga esa publicacion.
I don't think its fair sending his Mythhunter tokens to himself to gain 20,000 Mythhunter tokens
simpleledger:qpaq3fmyr02pwuaxwdkv6jqhdea08mvqnqdy3h6gl7
simpleledger:qpq5g3zwnan54xkjtfnk9tjdfudkcgr06ujeg9kp29