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One of the most interesting Bitcoin meetups I've ever been to was in Nairobi, Kenya, where I met a bunch of farmers who had modern, large scale, industrial oper

One of the most interesting Bitcoin meetups I've ever been to was in Nairobi, Kenya, where I met a bunch of farmers who had modern, large scale, industrial operations in Kenya and other african countries. They were using Bitcoin to buy supplies like fertilizer and farm equipment, as well as sell their crops, evading border controls in the process. It was a lot safer and less prone to confiscation than carrying around a bunch of USD cash. Another example is how many porn sites and filesharing sites are also accepting Bitcoin. Eg ManyVids allows you to pay with Bitcoin via Lighting, which transfers the BTC almost instantly for quite low fees. There's obvious privacy advantages to that over credit card payments. A non-monetary use-case is my OpenTimestamps protocol, which I was able to recently use to prove a specific DKIM key was used in the past: https://twitter.com/peterktodd/status/1322270551898030082 https://twitter.com/peterktodd/status/1322270551898030082 Though that use-case really just piggy-backs on the financial use-cases - if not for them OpenTimestamps in its current form would not be secure.

kylebenzle 6y ago
Bitcoin Cash is what we call Bitcoin now. Lighting is obvious vaporware nonsense that solves only the problem of how to keep Blockstream in control of the GitHub repo they (Adam Back and Greg Maxwell) hijacked years ago.
- petertodd 6y ago
  If you want to try Lightning out - and see for yourself whether or not it is vaporware - the easiest way to do that is to get a mobile Lightning wallet such as Eclair (fairly easy) or BlueWallet (easiest) from your appstore. As I mentioned, ManyVids accepts Lightning payments for a real product, as does https://www.bitrefill.com/ https://www.bitrefill.com/ (phone refills, gift cards, etc). For testing with smaller amounts, https://yalls.org/ https://yalls.org/ will let you buy access to blog posts for trivial amounts of money (eg one cent).
- martinko 6y ago
  > Bitcoin Cash is what we call Bitcoin now Really? The market begs to differ.
  - nighthawk24 6y ago
    BTC limitation of SegWit/LN stole the Bitcoin brand name and the decade long Plan-B narrative from BCH's block upgrade, Schnorr signature, 0-conf(without Replace-By-Fee). Bitcoin Cash market cap of ~$4.8B is good enough for it to be used as P2P Electronic Cash System that Bitcoin was built for.
- dylkil 6y ago
  bitcoin cash is the real bitcoin, but ethereum is gonna take the throne
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kylebenzle 6y ago

Bitcoin Cash is what we call Bitcoin now. Lighting is obvious vaporware nonsense that solves only the problem of how to keep Blockstream in control of the GitHub repo they (Adam Back and Greg Maxwell) hijacked years ago.

petertodd 6y ago
If you want to try Lightning out - and see for yourself whether or not it is vaporware - the easiest way to do that is to get a mobile Lightning wallet such as Eclair (fairly easy) or BlueWallet (easiest) from your appstore. As I mentioned, ManyVids accepts Lightning payments for a real product, as does https://www.bitrefill.com/ https://www.bitrefill.com/ (phone refills, gift cards, etc). For testing with smaller amounts, https://yalls.org/ https://yalls.org/ will let you buy access to blog posts for trivial amounts of money (eg one cent).
martinko 6y ago
> Bitcoin Cash is what we call Bitcoin now Really? The market begs to differ.
- nighthawk24 6y ago
  BTC limitation of SegWit/LN stole the Bitcoin brand name and the decade long Plan-B narrative from BCH's block upgrade, Schnorr signature, 0-conf(without Replace-By-Fee). Bitcoin Cash market cap of ~$4.8B is good enough for it to be used as P2P Electronic Cash System that Bitcoin was built for.
dylkil 6y ago
bitcoin cash is the real bitcoin, but ethereum is gonna take the throne

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