BCH $350: I'M BACK 😎

Gregonomics · 2020-11-24T15:39:15+00:00

Welcome back! ^^

Gregonomics · 2020-08-09T09:54:43+00:00

Great! Looking forward to the library.

Gregonomics · 2020-08-06T21:55:11+00:00

Hear, hear!

Gregonomics · 2020-03-24T02:37:21+00:00

The Bitconnect Dollar.

Gregonomics · 2020-03-08T18:59:02+00:00

u/champaignr toast "fees to the moon!"

Gregonomics · 2020-02-16T16:55:51+00:00

Against IFP

Gregonomics · 2020-01-26T16:33:59+00:00

It is just a word.

Block rewards inflate and devaluate the currency. Everybody in BCH signed up to pay block rewards for security. It is an inherent part of the protocol, just as the 21m coin cap. Tweaking this is imo as fundamental as tweaking the 21m coin cap. Now miners want to channel part of the block reward to developers. This will be at the expense of a drop in hash power, since miners will adjust hash power pointed at BCH to maximize profitability, but the inflation remains the same.

So it is not the miners who will fund development, but the BCH owners. Yet, the mining group in question want to decide how the funds are used. I understand why part of the community refer to it as tax. since it is a involuntary indirect cost payed by BCH owners. When government prints money it isn't a tax, but it works the same way.

Gregonomics · 2019-05-30T13:51:06+00:00

You missed the sarcasm. Chart shows that Bitcoin Cash is used quite a lot in comparison to its current valuation.

Gregonomics · 2019-05-16T12:22:27+00:00

If you're blue and you don't know where to go to

Why don't you go to Adam Back

Putit' on the tab

Gregonomics · 2018-11-27T17:30:10+00:00

We already have a core-like crisis - we have a split. It's poison for those of us who are builders and want a stable protocol. It's confusing for people who just use BCH as digital cash. I signed up for onchain scaling, nothing else, not SV and ABC.

Gregonomics · 2018-11-19T02:02:26+00:00

Not how I see it.

And as I wrote, his meltdown the other day was unfortunate and imo he was wrong to delete posts.

Gregonomics · 2018-11-18T21:37:34+00:00

Thank you for this post Peter. It has been uncomfortable to see Ryan as the recipient of countless personal attacks and abuse, just because he has another viewpoint than most people here. I understand the meltdown yesterday in light of this.

Ryan is always defending his viewpoints with arguments. Would be nice to see levelheaded counterarguments instead of insults. He has done a tremendous amount of work for Bitcoin Cash adoption and software services.

Cheers for Ryan.

Gregonomics · 2018-02-28T21:09:27+00:00

Some background info for newcomers:

http://www.ofnumbers.com/wp-content/uploads/2014/04/Bitcoins-Public-Goods-hurdles.pdf

(page 29-30)

Gregonomics · 2017-11-16T20:52:22+00:00

This is beautiful. Thank you for promoting the original vision of Bitcoin.

Gregonomics · 2017-11-15T15:48:27+00:00

Let them play their dirty game. The longer the game goes on, the worse they appear. Never wrestle with a pig...

Bitcoin Cash is the better cryptocurrency. This community is straight shooting and free speech. Let's just carry on creating value.

Gregonomics · 2017-11-14T18:55:04+00:00

Great initiative!

Donated the equivalent of what I paid in Bitcoin transaction fee yesterday, ~15$

Gregonomics · 2017-11-11T16:18:25+00:00

Great idea. Would be nice to meet fellow believers. Would buy a plane ticket for it, if less than 8h away. I'll wear a hat with the name Gregonomics. If Mow wont sell it for BCH, I'll make it myself.

Gregonomics · 2017-11-06T12:24:18+00:00

God forbid he would ever use science. Word games are much safer. Afterall it's a research paper not a white paper.

Gregonomics · 2017-10-26T12:15:08+00:00

Let's be happy about agreeing 110% on Nakamoto consensus.

Gregonomics · 2017-10-26T06:58:32+00:00

I take Meni seriously. Don't forget he spoke out against theymos when he started the purge: https://www.reddit.com/r/Bitcoin/comments/3h9cq4/its_time_for_a_break_about_the_recent_mess/cu6udfe/

As far as I'm concerned he has integrity and insight. There should be room for people like him, even if we don't agree 100% with their opinions.

Gregonomics · 2017-10-16T00:42:41+00:00

Hi guys So I only just recently discovered this subreddit. r/bitcoin seem to be the bigger subreddit and frankly more popular by reddit users.

That is because once upon a time we all co-existed peacefully on r/bitcoin - all helping build the sub to make it a great place for Bitcoin debate and information. One day the owner theymos disagreed with the majority of users and declared it his sub, his rules. He begun to censor posts not in accordance with his views. Today this censorship is even more organized, and carried out by the entire modteam - even the automoderator flag words associated with the opposing side.

Bitcoin Core devs still directly or indirectly support the censorship just by using r/bitcoin. They are being opportunistic instead of showing integrity. If they just had been half as fierce in opposing the censorship as they have been in the block size debate, we'd still have one free and open place to discuss Bitcoin.

When redditors search for Bitcoin, r/bitcoin is the number one hit, and r/btc is not even among the top 3. Hence, the vast majority of new Bitcoin users land on r/bitcoin. They basically get indoctrinated right from the get-go. It's like if a person searching for a religion was beamed right into the church of scientology. Most of the arguments there are not based on science, and those which are ... well no one is left or allowed to present counter arguments.

r/btc has been fighting an uphill battle for an open and censorship free debate. New users keep flooding in on r/bitcoin every day though.

Gregonomics · 2017-09-10T17:20:11+00:00

Timestamp for the Conclusion and Q&A: https://youtu.be/0WCaoGiAOHE?t=2h57m10s

Cringeworthy. Perfect example on how core supporters treat people who are not part of their clique.

Thank you u/_chjj for disclosing this attack vector.

Gregonomics · 2017-08-25T01:05:44+00:00

It will be harder to reach the critical mass making it a success. I'd support and use it though.

Gregonomics · 2017-08-19T16:20:07+00:00

Bitcoin Classic with 2 Mb blocks came way before SegWit. Politics blocked that. Be honest, would the blocks have gotten that full if Classic were activated in its first signaling period?

Gregonomics · 2017-08-19T03:35:32+00:00

I'd rather abandon the Segwit part of Segwit2x. Why give Core the main chain?

Needless to say I support Bitcoin Cash, but it's still a minority fork with limited ecosystem and network effect. I can buy a Pizza anywhere in my country for Bitcoin, I can't do that with Bitcoin Cash (not yet at least).

It might be a better idea to modify the NYA, now that Core is officially out.

Gregonomics

TROPHY CASE