BCH in the real world A few days ago, I needed to send money to a friend who lives in Poland. It wasn’t a huge amount of money – just about $404 (Rs. 30,000). A transaction like this should be super easy to execute – there’s nothing physical that has to be moved from one bank vault in India to another vault in Poland. Nothing has to be manually checked or counted. It’s just data that has to be transferred from one bank to the other. In a world where we are all connected by…
The Power of Community If there is one thing we’ve learnt from the pandemic, it’s the power of community. It’s so beautiful to see how human beings can come together in times of need - helping one another despite their personal hardships. We live in Bangalore, India and if it wasn’t for the kindness of others, many of us wouldn’t have made it through this ordeal. We are talking about people who cooked food for hundreds of others who were stuck in hospital, those who donated…
Our Flipstarter got funded! Hello everyone! I just wanted to inform you all that our https://flipstarter.beanimaljourney.com/ got funded! We are super thrilled and excited to be part of this revolution. We have a big challenge ahead of us – our goal is to promote Bitcoin Cash in India through our network of sustainable businesses. A few years ago, we started a non-profit by the name of BeAnimal to help promote environmental education in India. We travelled to many different…
Why we use Bitcoin Cash to run our business In the years before the pandemic, our business was to bring groups of students from Europe and other parts of the world to India. The purpose of these tours was to show them a part of the world that they had never seen before and to bring them closer to nature and themselves. We run a backpacker hostel, a tour company, a cake brand, and an artisanal gourmet market called BeAnimal Gourmet in the city of Bangalore, India. We are also…
5 ways in which Bitcoin Cash promotes freedom When we think about freedom, a lot of things come to mind – freedom of belief, of speech, expression and freedom to do what we want, with whom we want as long as we are not hurting someone else in the process. This is mostly experienced as a sense of being your own master- having a great degree of autonomy over your life and decisions. Over time, human society has evolved into what you see today. In most cases, the people who…
The difference between Proof of Work and Proof of Stake Sustainable energy has been a passion of mine since as far back as I can remember. This prompted me to do a bachelor’s degree in environmental science and learn a lot more about the world that we live in. The world is a complicated place and I don’t want to oversimplify it. Humans are complicated creatures too and sometimes we choose to do things in a way that makes little sense if you look at it from a macro…
Bitcoin Cash mining explained I think we’ve gone over how the fiat currency system works in some of our previous articles. Today, let’s focus on mining. What is its purpose? What do miners do and why does mining consume so much energy? I think it’s beautiful and important for us to have a somewhat clear understanding of the mechanics behind the things we are working with. You surely don’t need to know everything about how bitcoin cash mining works, but I think a good…
8 ways to keep your seed phrase safe What happens to my money when I lose the password to my wallet? This is an interesting question that comes up a lot when people are new to the crypto world – and it’s all down to the fact that you and only you are responsible for what happens to your money. The seed phrase is a set of 12 or 24 words that you receive once you create a new wallet. With these words in your possession, you become the absolute owner of the funds in that…
4 reasons why the prices of cryptocurrencies fluctuate so much The volatility of cryptocurrencies is sometimes shocking when you first encounter it. How could the price of anything possibly sway so much? It brings up feelings of fear and astonishment. But the truth is that for most currencies, it’s nothing more than the aggregate of individual investors making decisions in their own self-interest. For the purpose of this article, I will be referring only to currencies that…
Is it possible for governments to ban crypto? What would the outcome be? There is a lot of talk about governments all over the world moving to ban cryptocurrencies. The claim is usually that these anonymous currencies aid in money laundering and the purchase of illegal items like weapons and drugs as well as for other illicit activities like terrorism and human trafficking. The truth of the matter is that the government is more worried about not having control over the money…
What is money anyway? A fundamental question to get out of the way before we start is – What is money anyway? Money controls every aspect of our lives in some sense and the amount of money we have determines what we can and cannot have. It can be a marker of our social status, influence our health and happiness and be a deciding factor in our ability to get things done in the world. Currency What we usually refer to as money is currency – fiat currency to be precise.…
Everything you need to know about Crypto - Launching new series Hi! My name is Lakshman and I’m super new to the world of crypto. I’m starting this series to explore some of the things that I find fascinating about this space. I’ve been learning a lot from my friends over the last few years and will be getting their help to consult the content and to check for any errors. The aim of this series is to help people understand the full potential of this technology and encourage…
Flipstarter Alert - Help grow BCH adoption in India 5 days ago, we launched our very first Flipstarter campaign. Our project aims to help small businesses in Bangalore survive the pandemic and grow the Bitcoin cash ecosystem in India. My name is Lakshman and I run a non-profit called BeAnimal along with my partner Vanessa. Our previous work has mostly been in the field of sustainability and environmental education. We were drawn towards the world of cryptos in 2018 and have…
5 Reasons why we need to grow the BCH ecosystem in India We first heard about Bitcoin Cash from our friend Vishnu at the beginning of 2018. We ended up staying at his house for a few months to fully soak in everything that he was telling us. He explained to us about the way the economy works and told us how the central banks manipulate the money supply. It’s funny how these things can be hidden right in plain sight, but once you’ve seen it you can never go back. He helped us…
India’s first vegan hostel now accepts Bitcoin Cash Freedom has always been a big part of why we do what we do. In the world that we live in, you have a lot of people who talk about freedom but very few who know where the issue lies and how we can create a more free and loving society. The concept of sustainability helps us understand which systems take more from the planet than what they give back. As we learned more about the world that we live in, we also came across many…
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BCH in the real world
